Bitcoin fell below $73,000 as ETF outflows reached $733 million, with the source saying Iran-US conflict escalation, geopolitical tensions, and possible Fed rate hikes increased volatility and pressured liquidity.
Bitcoin extended its decline below $73,000, with the source linking the move to heightened market volatility, $733 million in ETF outflows, escalating Iran-US conflict tensions, and expectations that potential Federal Reserve rate hikes could tighten liquidity. The updated report adds specific figures for the ETF withdrawals and a lower price threshold, reinforcing earlier signs that macro risk aversion and crypto-specific selling pressure were weighing on Bitcoin.