Bitcoin slides more than $4,000 since last update, down over 5% in 24 hours
Bitcoin has dropped by more than $4,000 in spot price since the last update. According to @TheBlockCo's price page, the token is down over 5% over the past 24 hours, changing hands around $69,000.
Market snapshot:
- Bitcoin briefly touched a two-month low, dipping below $68,000.
- The spot bitcoin ETF outflow streak has extended to 11 straight days, totaling $3.45B in net withdrawals.
- Liquidations topped $1 billion over the last 24 hours.
- On-chain capital inflows have nearly come to a halt.
- Ethereum is hovering just above $1,900, offering little cushion.
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