Bitcoin slides below $70K amid thin liquidity, ETF outflows
Summary
Bitcoin recently dropped under the $70,000 threshold as market sentiment reached a multi-month low. The downturn coincided with institutional exchange-traded fund outflows, reduced liquidity, and high leverage levels across the sector.
Bitcoin fell below $70,000 as crypto sentiment hit its lowest level in more than four months, with analysts warning of institutional outflows, thinning liquidity and elevated leverage.
Source: Read the full story at Cointelegraph.com News
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