Bitcoin CRASHES Below $70K As ETFs Bleed A Historic $3.4 Billion

Bitcoin CRASHES Below $70K As ETFs Bleed A Historic $3.4 Billion

Bitcoin just crashed below $70,000 - falling 3.8% overnight to $69,446 - as $766 million in liquidations cascaded through the leveraged complex and BlackRock's IBIT extended its outflow streak to 10 straight days, with the ETF complex now hemorrhaging $2.4 billion since May 18 alone. Add Michael Saylor's stunning 32 BTC sale (Strategy's first since the FTX collapse in 2022, used to fund STRC dividends), the Fear & Greed Index crashing into "Extreme Fear" at 23, ongoing US-Iran escalation, and growing speculation that Larry Fink is suppressing prices through sustained institutional redemptions — and today's setup looks like the cleanest capitulation we've seen this cycle. We break down what's actually driving the selloff, whether the BlackRock bleed is structural or temporary, what Saylor's "Never Sell" reversal means for the rest of the treasury company space, and what catalysts could stop the bleeding before $65,000 comes into play. Learn more about your ad choices. Visit megaphone.fm/adchoices

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6 Juli 1h 4min

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Matthew Sigel from VanEck breaks down exactly how his Node fund has outperformed Bitcoin by 100 percentage points since launch, why he's been overweight miners pivoting to AI and underweight exchanges...

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4 Juli 33min

Bitcoin RECLAIMS $61K As Trump Made BILLIONS On Crypto + Stocks

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Bitcoin rebounds after hitting a fresh 21-month low, below its 200-week moving average — but underneath the panic, whales just made THE LARGEST single Bitcoin accumulation spike EVER recorded on chain...

2 Juli 31min

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