Bitcoin Four-Month Low: Why Geopolitical Risk Is Breaking the Range
Bitcoin’s $65,707 low and $1.9B liquidations reflect U.S.–Iran tensions, ETF outflows, and Mt. Gox moves. Here’s what’s breaking the range now.
Cointelegraph·
Strategy’s Bitcoin paper loss tops $11 billion as Saylor pointed to ETF outflows and AI infrastructure spending as factors pressuring BTC.
Read full articleBitcoin’s $65,707 low and $1.9B liquidations reflect U.S.–Iran tensions, ETF outflows, and Mt. Gox moves. Here’s what’s breaking the range now.
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Bitcoin trades near $63K as ETF and MSTR accumulation tops 1.24M BTC, with $59,800 support and $53K cost basis in focus. Bitcoin sell pressure has returned to focus after BTC moved back near levels seen in March 2024, despite large ETF inflows and steady MSTR accumulation. Market analysts are now tracking whether the latest decline […] The post Bitcoin Sell Pressure Mounts Despite Massive ETF And MSTR Accumulation Wave appeared first on Live Bitcoin News.
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