Spot Bitcoin ETFs are plunging into the abyss! Outflows have continued for seven consecutive days, and total losses for November have reached a hefty $2.1 billion amid a decline of $BTC to the 64,000 USDT mark.
The situation is tense, with bears putting intense pressure on the market. It’s worth keeping a close eye on key support levels, as further capital outflows could trigger even greater volatility and new risks for traders.
Source: Decrypt
#Bitcoin #Crypto #BinanceSquare
📊 $BTC: 64,900 USDT (-2.06% in 24h)
The situation is tense, with bears putting intense pressure on the market. It’s worth keeping a close eye on key support levels, as further capital outflows could trigger even greater volatility and new risks for traders.
Source: Decrypt
#Bitcoin #Crypto #BinanceSquare
📊 $BTC: 64,900 USDT (-2.06% in 24h)
