Bitcoin Breaks Below $73K, Dragging Crypto Stocks Lower (BTC-USD:Cryptocurrency)

Bitcoin breaks below $73K, dragging crypto stocks lower (BTC-USD:Cryptocurrency)

Bitcoin drops below $73K amid Middle East jitters and $2B spot ETF outflows, led by BlackRock’s near-record redemption.

Bitcoin 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 Crashes to 6-Week Low Below $73K as BlackRock Dumps $500M BTC Amid Iran Tensions – CryptoGazette

# Bitcoin Crashes to 6-Week Low Below $73K as BlackRock Dumps $500M BTC Amid Iran Tensions Bitcoin tumbled to a six-week low on Thursday, sliding below the $73,000 mark as a triple threat of geopolitical turmoil, institutional exodus, and technical breakdown dragged the world’s largest cryptocurrency to its most vulnerable position in weeks. BTC hit an intraday low of $72,845 during the Asian session before staging a modest recovery, according t…

Bitcoin Accelerates Lower and Cracks Important Supports - ActionForex

BTCUSD fell to the lowest in six weeks on Thursday, with daily loss of over 3% seen on acceleration of the bear-leg that extends into third consecutive day. Fresh rise in oil prices on renewed tensions in the Middle East, was mainly behind today’s drop, which cracked 100DMA (73017) and pressured next significant support at […] The post Bitcoin Accelerates Lower and Cracks Important Supports appeared first on ActionForex.

Bitcoin’s drop toward $72,000 shows how US-Iran tensions are again hitting ETFs, leverage, and flows

Bitcoin fell toward the $72,000 level after a new wave of reported US military strikes on Iran pushed oil higher and sent another shock through risk assets. The largest cryptocurrency fell as much as 3.6% over a 24-hour window, touching an intraday low of $72,792, according to CryptoSlate's data. It has slightly recovered to $73,274 as of press time. BTC's slide coincided with a sudden spike in energy prices after the US military launched a fres…

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…