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Bitcoin tumbles below 70000 as ETF outflows and rate fears trigger sharp selloff
Economy
Published on 24 April 2026
ETF outflows surge as traders brace for forced miner liquidations
Bitcoin plunged below $70,000, erasing gains built since the 2024 election victory. The drop reflects a wider crypto slump and concerns that the Federal Reserve may shift policy, alongside notable outflows from Bitcoin ETFs. Weakness in the tech sector is adding pressure, while investors watch for possible forced liquidations among crypto miners.
- Bitcoin fell below $70,000 for the first time since the election
- ETF outflows and Fed policy shift fears are driving sentiment
- Tech market weakness is spilling into digital assets
- Traders are watching for miner liquidations
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times