In brief

  • Bitcoin falls below its 200-day moving average after losing support at $75,000.

  • Tether’s supply fell by $6.6 billion in 60 days, the largest decline since 2022.

  • US Bitcoin spot ETFs saw $696 million in outflows, the most since January.

Read the original story Bitcoin’s Last Line of Defense Is Starting to Crack, and There Are No Buyers Below It by Jakub Dziadkowiec on se.beincrypto.com

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