BUSINESSBITCOIN MAGAZINE
Bitcoin Price Crashes to $67,000 Range, Down 13% in a Week Amid ETF Outflows and Market Fears
Bitcoin price fell below $68,000, its lowest since early April, driven by ETF outflows, Strategy’s Bitcoin sale, and Mt. Gox’s on-chain movements. Strategy sold 32 Bitcoin to fund dividends, while U.S. spot Bitcoin ETFs saw $3.45 billion in withdrawals over 11 sessions. Mt. Gox transferred $739 million in Bitcoin, raising market anxiety.
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