🐻 Why the Market Fell Again
Yesterday, BTC could not stay above $67 thousand, which is why its price broke through the $65 thousand level, pulling the entire market with it.
📉 First of all, such a rollback is associated with the outflow of capital from the ETF, which yesterday recorded minus $120.6 million, while the inflow into the BlackRock ETF remained at zero for the first time, while Grayscale continued to sell BTC in the amount of $130 million. The fall in the cryptocurrency is also associated with the arrest head of the Samourai Wallet, Keonna Rodriguez, by the US Department of Justice.
🗣 But most of this market movement is due to post-halving uncertainties. At the moment, the market needs catalysts for movement, so BTC may react to even small local news in the near future.
