Bitcoin (BTC) edges below $73,500 at press time on Friday, as the delay in the US-Iran ceasefire extension weighs down on the broader crypto market. The waning institutional backing in Bitcoin risks a third consecutive week with over $1 billion in outflows, while altcoins, Stellar (XLM) and Hyperliquid (HYPE), emerge as top performers over the last 24 hours.

Institutions trim Bitcoin exposure as Trump mulls over ceasefire renewal

Bitcoin risks slipping below $73,000 on Friday amid declining institutional support. So far this week, SoSoValue data shows that Bitcoin Exchange-Traded Funds (ETFs) recorded $1 billion in outflows over the last four days. An outflow on Friday would confirm a third consecutive week with over $1 billion in…