NewsBTC •
March 9, 2026 at 20:40 •
Analysis
Bitcoin’s rally back to the mid-$73,000 region did not last long as the leading cryptocurrency’s price action reversed as the week came to a close and fell back around $67,000 after momentarily regaining momentum last week, pulling Ethereum down with it till the ETH price also lost the $2,000 price level. However, the pullback of these leading cryptocurrencies is the product of a few forces colliding at once: a war nobody fully priced in and institutions quietly heading for the exits. Here is what happened. Spot Bitcoin ETFs: From Boosting Rally To Draining Liquidity One of the clearest reasons for Bitcoin’s reversal is that the same ETF complex that helped lift the price early in the week suddenly turned into a source of pressure. SoSoValue data show that US-based ...
