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Bitcoin falls below $70,000
Bitcoin prices declined today, Tuesday, falling below $70,000 for the first time in two months. This decline was influenced by market pressure resulting from the withdrawal of liquidity from the artificial intelligence sector and institutional trading, such as the "Strategify" company. The digital currency dropped by more than 4.45% over the past 24 hours, amid ongoing waves of investment outflows from spot Bitcoin exchange-traded funds (ETFs), amounting to approximately $3.45 billion recently. Investors are also anticipating the release of the U.S. jobs report on Friday, which could influence the future trajectory of cryptocurrencies.
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