According to CoinMeta and 99bitcoins, the price of Bitcoin has recently fallen due to concerns about inflation, institutional withdrawals, and leverage liquidations, and is now close to $73,700. The latest inflation data in the United States exceeded expectations, exacerbating market fears of another interest rate hike by the Federal Reserve, causing Bitcoin to perform more like a high-risk tech stock rather than a safe haven. Last week, US spot Bitcoin ETF saw a net outflow of $1.28 billion, marking the worst weekly performance since June, with Blackstone's iShares Bitcoin Trust ( IBIT ) accounting for $1.21 billion of those withdrawals. As institutional demand weakens, market confidence in Bitcoin is being tested, especially in the context of increasing economic uncertainty.