Massive Sell-Off Hits Crypto: Is This the Next Big Correction
latest updates on crypto world
Bitcoin slipped below the US$100,000 mark for the first time since June, amid a broader market drop.
The market saw substantial outflows from crypto ETFs and digital-asset funds, signalling risk-off sentiment among investors.
In Japan, crypto exchanges and financial firms are gearing up for anticipated regulatory easing, with holdings of digital assets by Japanese investors hitting record levels (~¥5 trillion) in recent months.
Why It Matters
Bitcoin breaking below a major psychological support (US$100k) could mark the start of deeper correction or a consolidation phase — traders and investors alike are watching closely.
Risk-off movements in crypto often reflect broader macro headwinds (e.g., interest-rate concerns, equity market weakness).
Regulatory signals from markets like Japan suggest the structural environment for crypto is evolving — potential for more participation, but also heightened regulatory oversight.
What to Watch
Will Bitcoin hold above key support levels, or will further declines trigger a wider market downturn?
How institutional flows behave: renewed interest could stabilise things, but sustained outflows could deepen the correction.
The timing and shape of regulatory changes in major jurisdictions (e.g., Japan) — this could influence regional market dynamics and sentiment.
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