Bitcoin Breaks Below $73K, Dragging Crypto Stocks Lower (BTC-USD:Cryptocurrency)
8 Articles
8 Articles
Times of India
The Economic TimesBitcoin trades at $73K amid US-Iran tensions; ETF outflows top $2.5 billion in 2 weeks
Bitcoin and Ethereum experienced significant drops as rising US-Iran tensions and substantial crypto liquidations impacted investor sentiment. Over $700 million in crypto was liquidated in a single day, with Bitcoin falling near $73,000. US spot Bitcoin ETFs also saw considerable outflows, totaling over $2.5 billion in two weeks.
Bitcoin sinks to six-week low amid US-Iran conflict fears
FILE: A coin representing Bitcoin cryptocurrency sits reflected on a polished surface and photographed against a photo illustration of electronic data indicating stocks falling in this arranged photograph in London, U.K., on Thursday, Feb. 8, 2018. The great cryptocurrency crash of 2018 is heading for its worst week yet. Bitcoin sank toward $4,000 and most of its peers tumbled on Friday, extending the Bloomberg Galaxy Crypto Indexs weekly declin…
Why Bitcoin Is Falling Toward $70K | ETF Outflows & Dollar Strength
Bitcoin lost the $73,000 level overnight and is now testing the zone traders have defended for weeks. This selloff has a clear cause. Three measurable forces are driving it, and one of them just flashed a warning that hasn’t appeared since December. The short version Bitcoin is trading near $72,800 in early Asian hours on May 28, down from highs above $82,000 earlier this month. That works out to roughly an 11% drawdown in three weeks, and it le…
CoinStats - Why Is Bitcoin Falling Toward $70K? ETF Outfl...
Bitcoin lost the $73,000 level overnight and is now testing the zone traders have defended for weeks. This selloff has a clear cause. Three measurable forces are driving it, and one of them just flashed a warning that hasn’t appeared since December. The short version Bitcoin is trading near $72,800 in early Asian hours on May 28, down from highs above $82,000 earlier this month. That works out to roughly an 11% drawdown in three weeks, and it le…
Bitcoin drops to $73K amid renewed US strikes on Iran and ETF outflows – #CryptoUpdatesGNIT
Bitcoin (BTC) is down to around $73K amid ETF outflows and geopolitical tension. Over $2B in ETF outflows and $900M liquidations added selling pressure. The key support sits at $72,650 with RSI near oversold levels at 34.82. Bitcoin slipped below the $73,000 level as a combination of geopolitical escalation, heavy ETF redemptions, and large institutional sell pressure weighed on the market. At the time of writing, Bitcoin was trading around $73,…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
