After a steep 5% drop over the previous day, Bitcoin has given up important support levels and is currently trading at about $73,000. The flagship cryptocurrency is currently about 42% below its peak of $126,085 in October 2025, and growing technical and fundamental factors indicate that the decline could not be over. {chart} The most worrying event for Bitcoin bulls has been the persistent outflow from spot Bitcoin ETFs. Over the previous 12 trading days, US-listed Bitcoin exchange-traded funds have experienced cumulative outflows exceeding $2.9 billion, averaging $243 million in daily net withdrawals since January ... (full story)