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Bitcoin loses $70,000 but ETFs, whale activity holds – WLD, ZEC, and TON lead losses

Bitcoin loses $70,000 but ETFs, whale activity holds – WLD, ZEC, and TON lead losses

  • Bitcoin hovers around $70,000 in early Asian hours on Friday after three straight days of losses, implying intense downside pressure.
  • ETF activity and whale count rise in Bitcoin despite faltering market sentiment, with liquidations crossing $400 million over the last 24 hours.
  • Worldcoin, Zcash, and Toncoin lead losses as the broader cryptocurrency market witnesses a three-day decline.

Bitcoin (BTC) trades near $70,000 at press time on Friday as the US-Iran war impacts the global economy, linked with rising Oil prices. The sentiment in the crypto market is growing risk-averse, while institutions and large wallet investors, popularly known as whales, retain confidence.

Market gripped by fear, but institutional and whale interest holds…

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