causes of the bitcoin crash 🤯
1-Uncertainty in the Fed: The recent nomination of Kevin Warsh as the new chairman of the Federal Reserve has generated caution among risk asset investors.
1-Geopolitical Tensions: The trade and political confrontation between the U.S. and Western powers (including the situation in Iran and Donald Trump's interest in Greenland) has provoked a sentiment of "risk aversion" globally.
1-Capital Outflow in ETFs: Bitcoin ETFs in the U.S. registered their second largest historical weekly outflow, with nearly $1,500 million withdrawn by institutional investors.
$BTC
1-Uncertainty in the Fed: The recent nomination of Kevin Warsh as the new chairman of the Federal Reserve has generated caution among risk asset investors.
1-Geopolitical Tensions: The trade and political confrontation between the U.S. and Western powers (including the situation in Iran and Donald Trump's interest in Greenland) has provoked a sentiment of "risk aversion" globally.
1-Capital Outflow in ETFs: Bitcoin ETFs in the U.S. registered their second largest historical weekly outflow, with nearly $1,500 million withdrawn by institutional investors.
$BTC