@feralbutterfly
π¨ Bitcoin Crashes β Whatβs Happening? π¨
Over the past week, Bitcoin (BTC) has dropped by more than 25%, falling below $90,000. π Massive liquidations have led to $1 billion in trader losses.
π Key Figures: π» BTC hit a low of $87,500, although it was recently trading above $120,000. π» $500 million in liquidations left the market in just 24 hours. π» Investors withdrew $1.01 billion from Bitcoin ETFs.
π‘ Experts believe this is a normal correction, but there are risks of further decline. What do you think β a rebound or the start of a bear market? π€