BTC is down more than 10% in the last month. That has caused the ETF market to report outflows of more than $1 billion.

Why has BTC gone timid? If everyone promised a rise to $80k and $100k.

It turns out that the first crypto exchange (the largest of all) and no, it is not Binance. This is the first of all, Mt. Gox was hacked shortly after its founding in 2010.

Two Russian citizens diverted some 647 thousand Bitcoin from Mt. Gox wallets, which forced them to close and paper over a multi-year court case (mind you, it's been more than a decade).

Why should you care? The thing is, if you are an investor, you will know the sales pressure generated by some $9 billion dollars leaving the market.

Angry people who after 10 years will finally see some of their money.

But calm down eh! It is planned that this money will enter the market in parts, in at least 3 months. In order to prevent an even sharper decline.

The German government also needs money. Last week he sold some $195 million worth of BTC seized in shady deals. And he still has about $2.8 billion in BTC left.

The miners can no longer stand the process. What process? Do they still exist? It turns out that these days it is more expensive to produce a BTC than what it is worth on the market. And well, they are leaving everything to try new things.

Unemployment and interest rates (it's like marinating meat for the grill). An increase in the unemployment rate could indicate a weakened economy. That could influence the Fed's decisions on interest rates and other policies.

If you are new to crypto I want you to understand that this has happened before (after several halvings). It is also an effect of the market correcting itself after the hype that accompanies the event.

The really curious thing about this movement is that the blow was only to BTC. The popular altcoins are still maintaining their profitability.