Bitcoin Traders Turn Bearish as Price Drops Below $68K
Bitcoin has fallen below $68,000 for the first time since April 5, with traders now predicting a higher likelihood of further declines. The drop follows negative catalysts such as Bitcoin sales by Strategy and outflows from U.S. Bitcoin ETFs totaling over $3.4 billion in an 11-day span.
Tickers: $MSTR
Topics: Bitcoin ETF outflows Mt. Gox price drop trader sentiment