@emwill
Bitcoin plunges below $67,000 amid intensified crypto market sell-off
Bitcoin has dropped to its lowest level in over 14 months as heavy outflows from institutional ETFs and growing macroeconomic uncertainty triggered a broad cryptocurrency sell-off.
Deutsche Bank analysts reported that U.S. spot Bitcoin ETFs saw $3 billion in outflows this January, following $9 billion withdrawn over the previous two months.
Ethereum slid below $2,000, while Solana hit a two-year low, dragging the total cryptocurrency market capitalization down by roughly $2 trillion.
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