Bitcoin (BTC) slipped below $73,000 on Thursday to its lowest level in more than six weeks as macroeconomic jitters, exchange-traded fund (ETF) outflows, and liquidations in leveraged positions weighed on the broader cryptocurrency market, shortly after U.S. President Donald Trump doubled down on digital assets.

The world’s largest cryptocurrency by market cap slid 3.5% to $72,885 during Asian trading hours, marking its weakest level since mid April. The second-largest token, Ether, fell more than 4.5% to $1,975.52, the lowest level in more than two months.

Meanwhile, Trump had said late Wednesday in a post on Truth Social that “America is now the CRYPTO CAPITAL of the WORLD, and Builders and Entrepreneurs are coming BACK to the…