Bitcoin dropped under $74,425, its lowest since Trump’s win, down nearly 15% YTD and 40% from October highs. Retail is exiting, altcoins are sliding, and Kalshi markets now price a potential fall to $59K. $BTC
🔥🚨Michael Burry ⚠️warned Bitcoin’s drop could wipe out companies holding large $BTC reserves. He says Bitcoin isn’t a safe haven like gold, moves with stocks, and could push heavily exposed firms into bankruptcy, risking wider market damage.
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🔥🚨$BTC on a rough ride 🪙. Galaxy Digital thinks it could slide down to its 200-week moving average, hovering around $58k—a level that has saved BTC more than once. Bernstein isn’t far off, eyeing a bottom near $60k. Basically, the floor might be close, but don’t kid yourself—this isn’t a gentle dip.
🔥🚨NEW: @binance ANNOUNCES “WE ARE AWARE OF SOME #TECHNICAL DIFFICULTIES AFFECTING WITHDRAWALS ON THE PLATFORM. OUR TEAM IS ALREADY WORKING ON A FIX, AND SERVICES WILL RESUME AS SOON AS POSSIBLE” $ETH $BNB $SOL
spot $BTC ETFs recorded total net inflows of $562 million. Fidelity’s FBTC saw the largest single-day net inflow among Bitcoin spot ETFs at $153 million.
Spot $ETH ETFs posted total net outflows of $2.86 million, while Solana spot ETFs saw total net inflows of $5.58 million and XRP spot ETFs recorded total net outflows of $0.40 million.