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Bitcoin headed for a bad week as ETF demand slides

JPMorgan says cryptocurrency appears overbought.

Bitcoin has peeled back more than 10% from its all-time high as the appetite for fledgling spot bitcoin exchange-traded funds moderates. JPMorgan Chase and Co. strategists warned the retreat has room to run.  

The group of 10 spot bitcoin ETFs just notched its biggest three-day outflow since

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