Bitcoin Price Slides Below $77,000 as ETF Exodus Tops $1 Billion

Bitcoin price has dropped below $77,000, shedding nearly $5,000 from its recent high of $82,000, driven by macro headwinds and institutional outflows. The total crypto market cap has lost over $100 billion in valuation since last Friday. Bitcoin ETFs have logged significant net outflows, with BlackRock's IBIT leading the exodus.