Bitcoin Slips Below $70K Amid Thin Liquidity and ETF Outflows
Key Highlights Bitcoin fell 5.9% between Nov. 5 and Nov. 12 while the Nasdaq 100 gained 6.4%. Bitcoin order-book depth across major exchanges dropped to $72 million on Nov. 9, about 33% below normal levels. US spot Bitcoin ETFs recorded billions of dollars in net outflows during multiple consecutive trading sessions. Bitcoin Weakness Deepens as ...