Crypto just had one of its toughest weeks in recent memory 📉

Over $85B erased from the total crypto market cap

$BTC dropped to a 31-day low near $62,500

Bitcoin ETFs recorded $389M in outflows, their largest in 6 weeks

Strategy sold another $108M worth of BTC

Altcoin market cap posted its weakest weekly close in almost 3 years

The SEC also called off its scheduled crypto regulation meeting

Fear is clearly back in the market. 👀

Is this just a temporary shakeout, or are we heading into a deeper correction? 🤔

#Crypto #Bitcoin #BTC #Altcoins