$BTC Drops to $66K as BlackRock Moved Huge $BTC and $ETH to Coinbase Prime for Sale 🚨
Downtrend in crypto market persists. Bitcoin price declined to $66,369 🔻 and Ethereum fell to $1,932 🔻. Selling pressure is mounting on the crypto market. This downward movement was fueled by some noticeable movement by big institutions: BlackRock transferred 3,402 BTC (≈ $234M) and 30,216 ETH (≈ $60.8M) to Coinbase Prime for sale 💰.
Retail investors are also selling their crypto assets due to nervousness and panic, which is accelerating investment outflows and pushing traders toward safer assets. With capital outflow and high volatility, big institutions are waiting for clear signals from regulators and the economy. The overall situations are leaving crypto markets in turmoil — traders should stay cautious ⚠️.
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