Bitcoin dropped below $65,000 in early Asia trading, hitting about $64,090 as fresh US tariff worries spooked traders, and Ether fell 5% with altcoins sliding even harder.
US-listed spot Bitcoin ETFs just posted their fifth straight week of outflows, with investors pulling $3.8 billion in total, marking the longest losing streak since February last year.
Asian stocks moved the other way, with South Korea’s Kospi hitting a record high as SK Hynix and Samsung Electronics jumped, while Hong Kong’s Hang Seng Index surged more than 2%.
Source: https://www.cryptopolitan.com/bitcoin-underperforms-as-it-drops-below-65k/