Bitcoin Slides Below $70,000 to About $66,700 as Sell-Side Signals Mount

Bitcoin fell from above the $70,000 level earlier this week and was last quoted near $66,700, down over 5% in 24 hours. The selloff was tied to reports of BTC moving to exchanges, a 12-day streak of Bitcoin ETF net outflows, and Strategy's sale of 32 BTC in an SEC filing. Analysts cited the potential for a short-term relief bounce, while still warning BTC could retest $60,000.