The crypto market is experiencing a significant downturn, with altcoin prices dropping between 20% and 35% in just a few hours, despite Bitcoin only falling by 2.3%. Two major factors are contributing to this:

1. Traders are uncertain about Bitcoin's price as it approaches its all-time high 📉. Many are anticipating a major correction, leading to increased Bitcoin dominance and decreased trading volume in altcoins 📊.

2. There has been a large outflow from Bitcoin ETFs, with over $750 million withdrawn in the past 48 hours 💸, contributing to a more bearish market sentiment 🐻.

Currently, Bitcoin is trading above $65,000 💵. What do you think will be the next target if Bitcoin undergoes a major correction? Share your thoughts 💭. #Binance #Bitcoin #BinanceTournament #crashed $ETH $BTC