Bitcoin falls to ~$71,300, lowest in nearly 12 weeks
Bitcoin hit its lowest level in almost 12 weeks as Huang's exit and MSCI index removals added to risk-off sentiment.
What we know
The Block reports bitcoin traded around $71,300, with ether, solana and XRP also lower. An analyst notes the 2025 low failed as weekly support, with a $65K retest possible. A trader argues open interest and short pressure mark a final violent leg down (opinion). Others call it a possible generational bottom.
Sources
“Bitcoin has fallen to its lowest level in nearly 12 weeks, trading at around $71,300”
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