The price of Bitcoin slid further Saturday, dropping to $68,000 after earlier this week breaking above $70,000 for the first time in a month. $BTC
Bitcoin’s price recently stood at $68,005, according to CoinGecko, a 3% drop over the past day. Over the past week, the coin has risen by more than 6%.#CoinGecko
BTC
70,159.67
+0.94%
Its drop comes after exchange-traded fund investors reversed course and quickly redeemed their shares on Thursday and Friday, cashing out a total of $576.8 million, according to Farside Investors.
Wednesday,The rest of the week saw positive flows into the funds, and on Wednesday, the coin reached as high as $73,669.