The Bitcoin price has experienced a decline of approximately 2%, trading around $101,647 as of 4:05 AM EST. Daily trading volume has surged by 37% to reach $110.41 billion. The recent correction follows the significant outflows observed from US spot Bitcoin and Ethereum ETFs, with nearly $800 million being withdrawn yesterday. Concerns about weakening demand in the crypto market are growing, along with bearish signals from institutional investors. This decline stems from a drop below the crucial $100,000 support level earlier this week, triggering a sharp sell-off. 2025’s CryptoQuant warns that if this critical support fails to hold, Bitcoin could plummet to as low as $72,000 within the coming months.