Bitcoin price slips toward $97K as spot BTC ETFs record second-largest outflow of $867M
NegativeCryptocurrency

As Bitcoin's price hovers near $97,000, the cryptocurrency market is experiencing heightened volatility, with $300 million in crypto longs liquidated recently. This rapid liquidation underscores the risks investors face, particularly as Bitcoin struggles to maintain the $100,000 threshold. The market sentiment has shifted to 'extreme fear,' driven by profit-taking, institutional outflows, and macroeconomic uncertainties. The significant ETF outflows, totaling $867 million, further exacerbate the situation, highlighting the interconnectedness of market dynamics and investor confidence.
— via World Pulse Now AI Editorial System







