Bitcoin slides below $72,000 as institutional selling extends to a third week; U.S. spot BTC ETFs post $1.42B outflow
Bitcoin fell below $72,000 as institutional selling intensified for a third consecutive week. U.S.-listed spot Bitcoin ETFs recorded $1.42 billion in net outflows last week, the third-largest weekly withdrawal on record. Whale accumulation has also lost momentum. A handful of altcoins traded against the broader move, with HYPE standing out as the only clear winner, up more than 8% over the past 24 hours. Full breakdown below.