Strategy made its first BTC sale since 2022 as Bitcoin ETFs shed billions over the last two weeks, nudging the price down even lower.
In brief
Bitcoin has fallen to a mark it hasn't seen since early April, recently trading around $71,614.
The top crypto has fallen more than 2.5% in the last 24 hours amid continued ETF outflows, which have now flipped negative for the year.
Plus, Bitcoin's leading treasury firm Strategy flipped the script, dumping $2.5 million in BTC last week.
Bitcoin hits a 2-month low amid institutional selling and negative ETF flows. Price below $68,000 by June 1 at 0.4% YES, between…
Bitcoin price has fallen below $77,000 amid heavy ETF outflows, large-scale liquidations, and weakening capital inflows.
U.S. spot Bitcoin ETFs posted $648 million outflows Monday as long-term BTC holders continue to accumulate the cryptocurrency.
Crypto markets continue to struggle even as risk markets across the globe surge higher.
Bitcoin touched its lowest price in a month overnight following an awful week for ETFs, which shed over $1.25 billion this week.
US-listed spot Bitcoin ETFs recorded $277.5 million in outflows after a five-day $1.7 billion inflow streak as Bitcoin slipped…
Bitcoin hits 2-month low as Strategy sells, ETF flows turn negative
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