{"id":37676,"date":"2026-03-09T20:30:37","date_gmt":"2026-03-09T20:30:37","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=37676"},"modified":"2026-03-09T20:30:37","modified_gmt":"2026-03-09T20:30:37","slug":"why-did-bitcoin-price-crash-to-67000-and-ethereum-price-fell-below-2000","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=37676","title":{"rendered":"Why Did Bitcoin Price Crash To $67,000, And Ethereum Price Fell Below $2,000?"},"content":{"rendered":"

Bitcoin\u2019s rally back to the mid-$73,000 <\/a>region did not last long as the leading cryptocurrency\u2019s price action reversed as the week <\/a>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.\u00a0<\/p>\n

However, the pullback of these leading cryptocurrencies is the product of a few forces<\/a> colliding at once: a war nobody fully priced in and institutions quietly heading for the exits. Here is what happened.<\/p>\n

Spot Bitcoin ETFs: From Boosting Rally To Draining Liquidity<\/h2>\n

One of the clearest reasons for Bitcoin\u2019s reversal is that the same ETF complex that helped lift the price early in the week suddenly turned into a source of pressure.<\/a> SoSoValue data show that US-based Spot Bitcoin ETFs posted strong inflows at the start of the week,<\/a> including about $458.19 million on March 2, $225.15 million on March 3, and $461.77 million on March 4.\u00a0<\/p>\n

That stretch helped Bitcoin climb as high as roughly $74,051 intraday on March 4, but the tone changed quickly after that. By March 5, spot Bitcoin ETFs had flipped to a net outflow of about $227.83 million, and on March 6, the outflow worsened to roughly $348.83 million, showing that institutional demand softened just as Bitcoin was testing resistance near the mid-$70,000s.<\/p>\n

\"BitcoinSpot Bitcoin ETFs. Source: SoSoValue<\/a><\/p>\n

Unsurprisingly, Ethereum also saw its own exchange-traded funds flows deteriorate in tandem with Bitcoin. SoSoValue\u2019s data show US Spot Ethereum ETFs started the week on firmer footing, with $38.69 million in net inflows on March 2, led by BlackRock\u2019s ETHA at about $26.51 million. However, by the second half of the week, that demand had faded massively.\u00a0<\/p>\n

Spot Ethereum ETFs recorded about $90.94 million in net outflows on March 5 and another $82.85 million in net outflows on March 6, with Fidelity\u2019s FETH alone accounting for roughly $67.57 million of the March 6 withdrawal.<\/p>\n

\"Bitcoin<\/p>\n

Spot Ethereum ETFs. Source: SoSoValue<\/a><\/p>\n

Profit-Taking And Global Risk Aversion<\/h2>\n

The final piece is the macro backdrop. The bounce to $73,000 to $74,000 invited short-term traders to lock in gains, especially after Bitcoin ran into a clear resistance band and failed to push through decisively. On-chain data shows that more<\/a> than 27,000 BTC in profit were sent to exchanges by short-term holders within 24 hours.<\/p>\n

However, investors are not dealing with only crypto-related concerns. Financial markets are still pricing in the conflicts in the Middle East. Iran responded to<\/a> US-Israel attacks by not only firing retaliatory strikes but also effectively closing the Strait of Hormuz, a passage for roughly one-fifth of the world\u2019s oil supply. That closure is what truly rattled markets.<\/p>\n

Once Bitcoin lost altitude, Ethereum followed with even more force. At the time of writing, Bitcoin is trading at $67,500. Ethereum, on the other hand, is trading at $1,975.<\/p>\n

\"Bitcoin<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s rally back to the mid-$73,000 region did not last long as the leading cryptocurrency\u2019s 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.\u00a0 However, the pullback of […]<\/p>\n","protected":false},"author":1,"featured_media":37677,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45,47],"tags":[],"class_list":{"0":"post-37676","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-ethereum"},"yoast_head":"\nWhy Did Bitcoin Price Crash To $67,000, And Ethereum Price Fell Below $2,000? - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=37676\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Did Bitcoin Price Crash To $67,000, And Ethereum Price Fell Below $2,000? - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u2019s rally back to the mid-$73,000 region did not last long as the leading cryptocurrency\u2019s 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.\u00a0 However, the pullback of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=37676\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-09T20:30:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptomag.finance\/wp-content\/uploads\/2025\/06\/generic-crypto-image.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37676#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37676\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"Why Did Bitcoin Price Crash To $67,000, And Ethereum Price Fell Below $2,000?\",\"datePublished\":\"2026-03-09T20:30:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37676\"},\"wordCount\":461,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37676#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/Bitcoin-and-Ethereum-from-Pngtree-1-uOeFo6.jpg\",\"articleSection\":[\"Bitcoin\",\"Ethereum\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37676\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37676\",\"name\":\"Why Did Bitcoin Price Crash To $67,000, And Ethereum Price Fell Below $2,000? 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