What is the main reason for the decline of cryptocurrencies today?
Ethereum ETF cash outflow
The US spot Ethereum ETF outflow is about $133 million, led by Grayscale's ETHE, and market sentiment is low.
US stock market liquidation
In 24 hours, the US stock market value evaporated $1.1 trillion, and the crypto market suffered a heavy blow.
FOMC statement suspense
The upcoming FOMC statement increases market uncertainty, and investors are nervously watching.
Mt.Gox panic wave
The Bitcoin fear and greed index fell to 68%, and Mt.Gox deposited $2 billion to the Bitstamp exchange, triggering concerns about further selling. #美国以太坊现货ETF开始交易 #美国大选如何影响加密产业？ #山寨季何时到来？ #etf以太坊 #股市 $BTC $ETH $SOL
