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Bitcoin price drop to $88K due to ETF outflows

Bitcoin Drops to $88K as ETF Outflows Near $1 Billion

Bitcoin fell to the $88,000 area on Tuesday after almost $1 billion in U.S. spot Bitcoin ETF outflows. The latest is part of significant withdrawals as weekly outflows near $1.5 billion. SourceL https://decrypt.co/307561/bitcoin-ethereum-liquidations-surge-solana-xrp-dogecoin Data from Farside Investors shows that Tuesdayโ€™s […]

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Bitcoin value drops below $89,000, highlighting market downturn

Bitcoin Crashes Below $89,000 as Selling Pressure Grows

The value of Bitcoin has dropped dramatically, going below $89,000 after failing to hold important support levels. The recent fall has sent investors into panic, especially as short-term holders (STHs) are expected to sell. Source: https://www.cnbc.com/2024/11/25/bitcoin-btc-march-to-100000-stalls-heres-whats-going-on.html The SOPR metric, measuring

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Visual representation of the crypto market crash triggered by Federal Reserve's rate adjustments.

Crypto Market Plunges After Fed Rate Cut, $850 Million Liquidated

The crypto market saw a sharp plunge, with total liquidations surpassing $850 million following the Federal Reserve’s 25-bps rate cut. Source: https://www.aarp.org/money/budgeting-saving/info-2024/fed-interest-rate-cuts-retirees.html Federal Reserve Chairman Jerome Powell hinted at cautious future rate adjustments, which scared investors. He also mentioned the

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Altcoin price charts showing new all-time lows

Crypto Market Plunge Pushes Altcoins to New All-Time Lows

Today, several altcoins have reached new all-time lows as the crypto market experiences a sharp decline. Bitcoin’s price dropping below $50,000 has triggered a broader market downturn.ย  Source: https://coindcx.com/blog/cryptocurrency/top-altcoins-2024/ Arbitrum (ARB)ย  Arbitrum led the decline, hitting a new all-time low

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