Bitcoin fell toward $72,000 as U.S. spot ETFs posted weekly outflows again amid Iran risk-off and weak whale demand.
Bitcoin was trading near $72,000 on Monday as a third consecutive week of heavy institutional outflows and deteriorating onchain demand left the market without a near-term cushion.
U.S. spot bitcoin
BTC-2.29%
$72,122.71
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Bitcoin trades under $71,000 for first time since April 13
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Bitcoin fell below $71,000 for the first time since April 13 as ETF outflows, whale distribution, and macro uncertainty pressure…
U.S.-listed spot bitcoin exchange-traded funds have seen more than $2.26 billion in outflows over the past two weeks.
Bitcoin price has fallen more than 5.5% over the past week to around $72,600 as spot ETF outflows and rising U.S.-Iran tensions…
Bitcoin is trading below $77,000 due to geopolitical tensions, inflation fears, and higher U.S. Treasury yields, analysts said.
Bitcoin held below $78,000 as spot ETFs shed over $1 billion for a second straight week and U.S.-Iran deal speculation rattled…
Bitcoin price has fallen below $77,000 amid heavy ETF outflows, large-scale liquidations, and weakening capital inflows.
