Bitcoin Drops to Two-Month Low Amid ETF Outflows and Strategy's BTC Sale
Bitcoin fell to a two-month low, trading at $71,479 amid significant ETF outflows totaling nearly $3 billion over ten days. The decline was exacerbated by the sale of 32 Bitcoin units ($2.5 million) from treasury firm Strategy (MSTR), which aims to fund preferred stock dividends.
Tickers: $MSTR
Topics: Bitcoin ETF outflows MSTR stock movement Strategy sale