After a 3.99% multi-session liquidation phase in Bitcoin, the leading cryptocurrency by market cap is at $73,301.00. Bitcoin is now at a new six-week low, and it has broken important, internal technical levels on its intraday charts due to aggressive institutional ETF outflows and a structurally hawkish global monetary regime. Read on for the key factors driving Bitcoin’s decline today. Factors driving the BTC sell-off today 1. Historic Spot ETF outflows: Wall Street’s institutional funds are seeing significant sell-offs. Bitcoin’s US spot ETFs saw a sharp uptick in net outflows. BlackRock’s IBIT fund, in particular, ... (full story)