🚨 Crypto Market!
Bitcoin experienced its largest single-day drop in history, plummeting over $10,000 to around $59,930. During this sharp decline, approximately $2.6 billion in crypto market positions were liquidated, exceeding the liquidations during both the COVID-era crashes and the FTX collapse. Meanwhile, U.S. Bitcoin ETFs saw $434 million in capital outflows. Analysts suggest this movement signals the beginning of a bear market, and according to cyclical price models, 2026 could be a full bear market year, 2027 a consolidation/bottoming phase, with Bitcoin potentially not reclaiming levels above $93,500 until 2028. 📉
Source: Cointelegraph#ADPDataDisappoints #WhenWillBTCRebound #WhenWillBTCRebound #JPMorganSaysBTCOverGold #RiskAssetsMarketShock $BTC
BTC
65,451.1
-2.70%
ETH
1,918.01
-1.44%
BNB
606.21
-0.15%