CoinEx Daily: Bitcoin Falls Below $73,000 on ETF Outflows and Risk-Off Macro Pressure

Daily View

Bitcoin fell below $73,000 amid heavy ETF-driven selling pressure, with BlackRock’s spot bitcoin fund posting a record-scale outflow and broader market positioning unwinding sharply. Macro conditions remain risk-off as geopolitical tensions tied to U.S. strikes on Iran add to caution around rates and liquidity, while firm dollar dynamics and a more defensive equity backdrop weigh on high-beta assets. Overall crypto market sentiment has turned clearly negative in the near term, with liquidation-driven weakness, lower risk appetite, and growing concern that tighter financial conditions could pressure Bitcoin further.