Bitcoin Falls Below $70,000 Amid Geopolitical Tensions and ETF Outflows

Bitcoin dropped below $70,000 in the past 24 hours as geopolitical tensions in the Middle East triggered a broader risk-off sentiment. CoinGlass data shows cryptocurrency liquidations reached $544.86 million, while Bitcoin exchange-traded funds recorded a $163.52 million exodus. Experts warn that inflation fears and regulatory clarity may keep prices range-bound in the near term.