Africa-Press – Lesotho. Bitcoin showed a noticeable price fluctuation over the past seven days, dropping from nearly $68,900 to around $64,500 as of 0200GMT on Monday. Bitcoin price is now at around $66,200, down by 2.85% from Sunday to Monday as of 1200GMT.
Continuous capital outflows from US spot Bitcoin exchange traded founds primarily drive this recent downward movement. Investors pulled approximately $360 million from these institutional funds in just the last week, which signals a cautious approach amid macroeconomic uncertainties. On a weekly basis, the largest crypto currency lost 3.9%. Ethereum also fell by 3.15% on a daily basis to $1,914 as of 1200GMT.
