🩸 Bitcoin $BTC BTC is under the guillotine of whale withdrawals and selling of #ETFs. A strong fall and declines amidst a supportive environment.

🩸 The currency $BTC is heading towards recording its fourth annual decline in its history, but it's the first that is not associated with a major scandal or a comprehensive collapse within the cryptocurrency industry. This decline comes at a time when the market is supposed to be more mature and organized compared to previous cycles.

🩸 The latest waves of decline occurred this week when Bitcoin faced sharp selling that pushed it down by as much as 3.7% during New York trading. Thus, the currency is down about 7% since the beginning of the year, while it is trading at a level close to $86,000. Ethereum also dropped significantly $ETH.

🩸 Although this correction seems less severe compared to the previous three years that witnessed annual losses, its timing is surprising, as it comes amidst a completely different environment characterized by the broad adoption of institutional investments, the evolution of regulatory frameworks, and the emergence of unprecedented political support from U.S. President Donald Trump.

$USDT