Bitcoin dropped towards $65,000 on Wednesday as crypto markets face a wave of ETF outflows, more than $1 billion in liquidations, and worsening fear sentiment.
Bitcoin dropped towards $65,000 on Wednesday as crypto markets face a wave of ETF outflows, more than $1 billion in liquidations, and worsening fear sentiment.Notable Statistics:
Coinglass data shows 202,991 traders were liquidated in the past 24 hours for $ $1.14 billion.
SoSoValue data shows net outflows of $519.2 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net outflows of $90.2 million.
In the past 24 hours, top gainers include Worldcoin, Ethena and Audiera.
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Bitcoin fell below on Wednesday $75,000 as heavy spot ETF selling pressure and weak short-term sentiment pushes crypto markets…
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