Bitcoin Plummets Below $100K Amidst Massive Liquidations and ETF Outflows
Bitcoin Plummets Below $100K Amidst Massive Liquidations and ETF Outflows
Bitcoin (BTC) has significantly declined, falling 3% to $98,550.33 and breaching the critical $100,000 psychological threshold for the third time this month. This downturn is driven by extensive leverage liquidations, ongoing ETF outflows, and a prevailing risk-off sentiment across the digital asset market, mirroring volatility levels last observed in May.
Bitcoin (BTC) dropped 3% to $98,550.33 as of press time, falling below the psychological $100,000 threshold for the third time this month amid cascading leverage liquidations, persistent ETF outflows, and a broader risk-off posture across digital assets. The slide accelerated after Bitcoin broke support at $100,000, triggering over $190 million in long liquidations in the […]