Bitcoin weakness, is it only Nvidia's problem?… MEXC Ventures analyzes ETF outflow, liquidations, and tightening burden

Bitcoin fell to $71,222 on November 13 as MEXC Ventures attributed the crypto market correction to a combination of spot ETF outflows, leveraged liquidations, and tightening monetary policy concerns rather than Nvidia-related uncertainty alone. The report noted BTC's initial 1.7% drop within 24 hours of Nvidia's announcement was compounded by hawkish remarks from the Cleveland Fed president. MEXC Ventures argued that ETF redemptions and leverage unwinding preceded the AI-stock weakness, which added further pressure rather than serving as the root cause. The analysis matters because it frames the selloff as a structural deleveraging event driven by institutional capital flight and macro tightening, not a single corporate shock. Traders will watch whether spot ETF flows stabilize and whether further Fed commentary intensifies downside pressure on BTC.