Bitcoin USD Price Falls Below $73,000 Moving Average as ETF Outflows Deepen Market Sell-Off
Bitcoin USD price extended its decline on November 14, falling to approximately $67,235 as renewed selling pressure pushed the cryptocurrency further below its 200-day moving average. The latest downturn has weakened Bitcoin’s technical outlook, while sustained withdrawals from US spot Bitcoin exchange-traded funds (ETFs) have added to concerns about institutional demand. According to CoinGlass market … Read more