Bitcoin price fell slightly on Friday while most financial markets stay shut for a public holiday. The largest cryptocurrency by market capitalization is sliding along with risk-correlated currencies and settling back into the middle of the narrow range above the $70,000 mark where it’s been trading throughout the week.
The rangebound trading comes amid tepid flows into the U.S.-based spot Bitcoin ETFs and increased outflows of Grayscale’s GBTC fund. Europe and U.S. stock markets will remain closed on Friday, March 29, in recognition of Good Friday.
