Bitcoin slips again: cryptocurrency falls below US$67,000
Summary
Bitcoin fell sharply below $67,000 after a brief rally that had pushed it back above $80,000 in May. The article points to Strategy’s first Bitcoin sale since 2022 as one factor behind the market’s negative reaction, even though the sale covered only 32 coins. It also notes that ETF flows have weakened and that geopolitical uncertainty in the Middle East has added pressure. Ethereum and other major cryptocurrencies also dropped as capital continued to leave the crypto market.
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