Bitcoin Price Today Falls Back Below $78,000 as BTC’s $80,000 Test Stalls Despite ETF Inflows
Bitcoin fell below $78,000 Thursday after hitting $79,426 earlier, dropping 0.9% as investors turned cautious following Iran’s seizure of two ships in the Strait of Hormuz. U.S. spot bitcoin ETFs saw $335.8 million in inflows April 22, but selling pressure increased near $78,000. Wall Street futures and other cryptocurrencies also slipped. Brent crude rose above $103 a barrel amid ongoing supply concerns.