Bitcoin price struggles below $59,000 as ETF recorded outflows last week

Bitcoin (BTC) recovers slightly on Monday after falling 11% last week and closing below $57,500, weighed by declining demand from US spot Bitcoin ETFs, which recorded $279.4 million in outflows. source: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-recovers-from-last-weeks-slump-but-downside-bias-persists-202409021400