Why Did Crypto Drop Today?
The market is experiencing a sharp correction. Here are the main reasons:
The Fed Sentiment: Concerns over the Hawkish policy (high interest rates) from the new Fed chair candidate, Kevin Warsh.
ETF Outflow: Massive capital outflow from Bitcoin Spot ETFs in the last 24 hours.
Asia Selling Pressure: Profit-taking actions ahead of the long Lunar New Year holiday in the Asian region.
Status: Bitcoin is testing the psychological support level at $66,000. Stay vigilant and don't FOMO!
#BTC #MarketUpdate #Crypto2026 $BTC

BTC
66,106.29
+0.03%