Behind the scenes of the decline in Bitcoin! Giant investors sprang into action

Bitcoin slid toward the $70,000 mark as selling pressure intensified, with spot Bitcoin ETFs in the U.S. recording roughly $2 billion in outflows during November. Expectations of Federal Reserve rate hikes added to the negative sentiment, prompting institutional investors to reduce risk exposure. Market attention is now fixed on $66,000, a level widely viewed as critical support for the cryptocurrency. The retreat underscores how sensitive digital assets remain to tighter monetary policy expectations and shifting flows in ETF products.