💥 CRYPTO NEWS: Black Friday and Free Fall! 💥
The crypto ecosystem is experiencing hours of tremendous tension. The market has suffered a brutal blow, with Bitcoin plummeting below a key psychological barrier and panic spreading among investors.
📉 Today's Bomb (Today, Nov 14): Bitcoin Loses $100K!
The news making all the headlines is the drop in the price of BTC. After days of struggling to stay afloat, the support has given way.
Bitcoin (BTC) has collapsed below $100,000 USD. 😱 At its lowest point of the day, it touched levels close to $98,000 USD, representing a severe correction. Market sentiment is described as "extreme fear".
🎯Ethereum (ETH) is not spared: The second-largest crypto has followed in BTC's footsteps, falling 11% in the last 24 hours and dragging down the entire DeFi sector. 💔
The cause? Massive outflows from U.S. ETFs: Spot Bitcoin funds (ETFs spot) recorded the largest net outflows of money since their launch yesterday and today, indicating that large investors are rapidly withdrawing capital, exerting immense selling pressure.
#BitcoinCrash #CryptoWinterIsBack #BTC #ETH #ETFsExodus $BTC $ETH $XRP