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Bitcoin falls 12% in a week, drops below key $70K level as ETF outflows accelerate
Bitcoin has fallen below $70,000, dropping nearly 12% in a week. This decline is driven by institutional selling and negative ETF flows. Major altcoins like Ethereum, BNB, and Solana also saw significant drops. Market analysts point to macroeconomic factors and investor sentiment as key influences. The crypto market capitalization has edged down, with fears of a crypto winter emerging.
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economictimes.indiatimes.com
Bitcoin begins June near $73,500 as ETF outflows cross $2 billion and geopolitical risks intensify
Bitcoin began June trading near $73,500 amidst significant ETF outflows exceeding $2 billion and escalating geopolitical risks. Institutional retreat, coupled with concerns over…
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Bitcoin falls 12% in a week, drops below key $70K level as ETF outflows accelerate
Bitcoin has fallen below $70,000, dropping nearly 12% in a week. This decline is driven by institutional selling and negative ETF flows. Major altcoins like Ethereum, BNB, and…
