Bitcoin prices fell below $69,000 on Tuesday, touching its lowest level since early April, as a deepening institutional outflow streak, heavy liquidations, and stalling onchain capital compounded a week of deteriorating market structure.
The drop of more than 4% on the day left bitcoin (BTC) trading as low as $68,971 on The Block's price page, with Ethereum (ETH) holding just below $1,975 and down 0.6% on the day. Analysts say both assets look increasingly exposed to the same macro headwinds weighing on the broader market.
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Spot Bitcoin ETFs have now recorded 11 consecutive sessions of net outflows, shedding $3.45 billion over that stretch. May's monthly outflow of $2.43 billion was the largest since November 2025.
In the last 24 hours, 138,612 traders were liquidated across exchanges, with total liquidations reaching $742.29 million, according to CoinGlass. The largest single order a $23.99 million BTCUSDT position on Binance.
