BTC & ETH PLUMMET TO WEEKLY LOWS!
Hey #CryptoSquad !
I've got some not-so-great news to share with you all...
Bitcoin's price has plummeted from $67,000 to a weekly low of under $64,000 in the past 12 hours! And Ethereum isn't faring much better, down 8.24% in the past 24 hours to around $3,158.
The altcoins are also taking a hit, with many popular ones like DOGE, SOL, BNB, TON, ADA, SHIB, LINK, DOT, and AVAX experiencing significant losses.
Even the spot Ethereum ETFs saw substantial outflows of $133.16 million on Wednesday, reversing course from Tuesday's positive flows.
The total crypto market cap has shed about $100 billion since yesterday and is now down to $2.420 trillion.
And it looks like the bears are still in control...
#Investors are likely weighing the impact of Mt. Gox's latest transfers and macro developments, which may be contributing to this market correction.
Stay safe out there, folks! #MarketSentimentToday