Bitcoin slides after BlackRock's IBIT posts a $1.289B single-day sale

Bitcoin was turned back near last week's ~$78,000 resistance, falling nearly 2% in the past 24 hours to about $75,680 at the time of reporting. Over the same window, BTC's market capitalization declined by nearly $30 billion to roughly $1.5 trillion. The move followed a reported $1.289 billion single sale tied to BlackRock's iShares Bitcoin Trust (IBIT).