Bitcoin dips below $110k as spot ETFs see $536m outflows; XYZVerse jumps with CS2 League launch
NegativeCryptocurrency

Bitcoin has dipped below $110,000 due to significant outflows from spot ETFs, totaling $536 million, raising concerns about market stability. This downturn comes as major funds pull back, leading to a wave of withdrawals that has investors worried. On a brighter note, XYZVerse has launched the first crypto-powered CS2 league, featuring a $5.5 million prize pool and promising on-chain transparency, which could attract new interest in the crypto space. This juxtaposition highlights the volatility of the market while also showcasing innovative developments that could shape its future.
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