Reuters

Bitcoin falls from peak, U.S. ETF support questioned

NEW YORK/LONDON (Reuters) -Bitcoin on Thursday retreated from its all-time high struck a day earlier after the debut of the first U.S. bitcoin futures exchange-traded fund, while analysts questioned the impact on cryptocurrency investment flows. The world’s largest cryptocurrency was down 4.35% at $63,122.78, at 2:10 p.m. Eastern time, after hitting a record $67,016 on Wednesday. Earlier, just after 7:30 a.m., Bitcoin’s price briefly plunged around 87% to $8,200, but only on Binance’s U.S. exchange.

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