Bitcoin falls 12% in a week, drops below key $70K level as ETF outflows accelerate

Bitcoin slipped nearly 12% in a week to trade below the key level of $70,000 as ETF outflows accelerate. The cryptocurrency was trading at $6,260 mark after registering a decline of 4% in the past 24 hours.

In the past 24 hours, Ethereum was down 5.5% to trade at $1,871 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin and Cardano slipped up to 7%.