⚡️Why are #BTC and #ETH falling? 5 major reasons
1. Money is flowing out of ETFs
$1.44 billion flowed out of BTC ETFs in 5 days, including $299M on November 11 alone.
2. Inflation rose in the US
CPI came in at 0.4%, while 0.3% was expected. This has sparked fears that the Fed will raise rates.
3. The Nvidia shock
Tech stocks fell after the CEO’s resignation, and crypto fell along with them.
4. Liquidations
As BTC fell below $72K, over $500M worth of longs were liquidated.
5. Stablecoin shortage
Stablecoin supply fell by $14.2 billion in 30 days. No new money is coming in.
The Fear & Greed Index is at 28, meaning the market is gripped by extreme fear.
This is when smart people don’t panic—they make a plan.
What are you doing? Panic selling or DCA?
#Bitcoin #Ethereum
1. Money is flowing out of ETFs
$1.44 billion flowed out of BTC ETFs in 5 days, including $299M on November 11 alone.
2. Inflation rose in the US
CPI came in at 0.4%, while 0.3% was expected. This has sparked fears that the Fed will raise rates.
3. The Nvidia shock
Tech stocks fell after the CEO’s resignation, and crypto fell along with them.
4. Liquidations
As BTC fell below $72K, over $500M worth of longs were liquidated.
5. Stablecoin shortage
Stablecoin supply fell by $14.2 billion in 30 days. No new money is coming in.
The Fear & Greed Index is at 28, meaning the market is gripped by extreme fear.
This is when smart people don’t panic—they make a plan.
What are you doing? Panic selling or DCA?
#Bitcoin #Ethereum