Bitcoin Falls Below $67,000 Amid ETF Outflows and Peter Schiff's Warning
On June 2, Bitcoin dropped below $67,000 after a week of significant losses. The decline was driven by outflows from U.S. spot Bitcoin ETFs totaling over $3.4 billion since May 15, with BlackRock’s IBIT leading the withdrawals. Peter Schiff warned that continued pressure could lead to political intervention.
Tickers: $BLK
Topics: Bitcoin Crypto Fear & Greed Index ETF outflows Mt. Gox wallets price drop