Bitcoin Falls Below $72,000 as Altcoin Sell-Off Intensifies: Why Did Cryptocurrencies Drop?
Key Highlights: Bitcoin fell to $71,300 as US Treasury yields climbed and inflation concerns kept pressure on risk assets. US spot Bitcoin ETFs recorded approximately $299.8 million in net outflows, extending the losing streak to five consecutive sessions. Crypto liquidations exceeded $479 million across Bitcoin, Ethereum, Solana, XRP and Dogecoin, with long positions accounting for ...