Bitcoin's price has declined for the third consecutive day, trading between $104,000 and $108,000 as investor fear hits a 12-month low on the Fear & Greed Index. Institutional investors have collectively withdrawn $536 million from Bitcoin ETFs, marking an unprecedented synchronized sell-off. Meanwhile, gold’s market capitalization surged to $30 trillion, challenging Bitcoin’s status as 'digital gold.' The market now speculates if Bitcoin could fall further to $100,000 amid ongoing volatility.
Continue to read Bitcoin Experiences Third Straight Day of Decline Amid Lowest Fear Index in a Year
Bitcoin's price has declined for the third consecutive day, trading between $104,000 and $108,000 as investor fear hits a 12-month low on the Fear & Greed Index. Institutional investors have collectively withdrawn $536 million from Bitcoin ETFs, marking an unprecedented synchronized sell-off. Meanwhile, gold’s market capitalization surged to $30 trillion, challenging Bitcoin’s status as 'digital gold.' The market now speculates if Bitcoin could fall further to $100,000 amid ongoing volatility.
Continue to read Bitcoin Experiences Third Straight Day of Decline Amid Lowest Fear Index in a Year
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