Reported 1 day ago
Bitcoin has experienced a significant decline of over 10% after reaching record highs, influenced by reduced expectations for US monetary policy changes. The price fell to around $95,885, while US exchange-traded funds saw unprecedented outflows totaling $680 million, indicating a shift in investor sentiment. Analysts suggest that this correction is typical in bullish markets, despite Bitcoin's still substantial gains from earlier in the year.
Source: YAHOO