Bitcoin Crashes Below $96,000 As $1 Billion Wiped Out In Liquidations Across ETH, XRP, Dogecoin

Bitcoin’s sharp decline intensified early Friday, plunging to $96,000 as market fear deepened and ETF outflows surged.

The Crypto Fear and Greed Index dropped to 22, one of the lowest points of the year.

Spot Bitcoin ETFs saw the second-largest outflow day in history, with $869.9 million net outflows on Thursday.

Ethereum ETFs also posted heavy redemptions, with $259.7 million in net outflows.

$1.11 billion in positions were liquidated, impacting more than 248,506 traders reflecting a spike in volatility.

4-Year Cycle Not Active Anymore

Ted Pillows noted that all three of Bitcoin’s previous bear markets began with a death …

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