đš Crypto Market Update: Volatility Returns!
Bitcoin just reclaimed $79K, up +2.45% in 24h, bouncing after an 11% weekend dump as global markets turned bullish. But caution remains â $BTC ETFs have reportedly suffered $7B in losses, with heavy outflows putting pressure on price and some analysts eyeing $65K as a possible support zone.
Meanwhile, over $2.5B was liquidated after BTC briefly slipped below $80K following Fed Chair news. The average Bitcoin ETF investor is now underwater.
Altcoins arenât having it easy either â Cardano (ADA) is down nearly 45% since December, though early signs of a reversal are forming.
đ Market Snapshot: âą 24h Crypto Volume: $226B
âą BTC Dominance: 57.6%
âą $ETH Dominance: 10.4%
âą Top Ecosystems Today: Polkadot & $XRP Ledger
Adding to the pressure, crypto investment products saw $1.7B in weekly outflows, turning YTD negative, while January crypto losses hit $370M â highest in 11 months.
đ South Korea is also stepping up, deploying AI to crack down on unfair crypto trading â with severe penalties on the line.
Stay sharp. Volatility creates both risk and opportunity. đĄ
#Bitcoin #CryptoNews #BinanceSquare #Altcoins #BTC
