#BinanceRollsOutTradingInUSStocks #OpenAIIPOPlannedWhenBeneficial $BTC $ETH After holding strong near $71,000 at the start of the month, BTC's price faced a bearish breakout, pushing it below the $70,000 barrier, currently trading in the $67,000 to $69,000 range. Technically, it broke a rising consolidation channel, raising alarms among analysts about the search for new support around $64,000.
One of the biggest factors weighing this week is the cooling of institutional interest. Bitcoin ETFs in the U.S. have recorded a historic negative streak of 11 consecutive days of massive withdrawals, totaling over $3 billion, draining liquidity from the crypto market.
One of the biggest factors weighing this week is the cooling of institutional interest. Bitcoin ETFs in the U.S. have recorded a historic negative streak of 11 consecutive days of massive withdrawals, totaling over $3 billion, draining liquidity from the crypto market.