$176B Crypto Crash: Bitcoin ETF Outflows And AI Stock Pivot Trigger Bear Run
Key takeaways: Bitcoin’s sharp 8% drop triggered $1.5 billion in forced liquidations, ending a tight two-month small-cap correlation. Worsening market sentiment was driven by $2.1 billion in Bitcoin ETF outflows and rising fears of a Federal Reserve interest rate hike. Bitcoin (BTC) faced a sharp 9% drop over 48 hours, hitting the $67,000 support for...
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