🚀 Crypto Pulse: Market Correction and $ETH ETF Expansion
The crypto market is navigating a turbulent correction, with $BTC Bitcoin dipping below $85,000 following a $1 trillion drop from its recent high. This slump is tied to broader "risk-off" sentiment and substantial institutional outflows from Spot Bitcoin ETFs in November.
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However, key institutional expansion continues, notably with the First Chainlink ETF set to begin trading. Furthermore, new applications are emerging, such as the tokenization of prediction markets on Solana and Sony Bank's plans for a US stablecoin. Regulatory uncertainty persists, but development and adoption in the Real-World Asset (RWA) sector remain a strong long-term narrative.
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BTC
86,888.5
+0.38%