🔴 Grayscale Bitcoin Trust ETF is trading 5.4% down today as Bitcoin drops below $70,000 on Mt. Gox fears and MicroStrategy's first sale in years

Grayscale Bitcoin Trust ETF is trading 5.4% down today as Bitcoin drops below $70,000 following MicroStrategy’s first BTC sale in years and renewed anxiety over large Mt. Gox–linked wallet transfers.

• Sentiment is further pressured by an 11th straight day of net outflows from U.S. spot Bitcoin ETFs, stoking supply and liquidation fears.
• A broader risk-off tone tied to stalled U.S.–Iran talks and persistent inflation concerns is weighing on crypto-related vehicles like the Grayscale Bitcoin Trust ETF.