Crypto Market Update — Is the money flow fleeing?

Today the market is “bleeding red”: BTC, ETH, and most altcoins are down due to a cascading effect. Data from SoSoValue & ETF news shows significant net withdrawals from funds + decreased liquidity + panic sentiment.

There is a possibility that money is moving to stablecoins or staying out waiting for good news. If you are a trader: be cautious — don’t let “FOMO reversal” pull you in. If you are a long-term holder: see this as a potential opportunity to gradually enter strong coins at good prices.

What do you think — will you jump back in or stay out? 💬

#BTCRebound90kNext #BitcoinSPACDeal #ETHBreaksATH #Binance #BinanceHODLerMorpho

BTC

92,631.13

+2.90%