The number of bargain hunters is decreasing, and Bitcoin is entering a bear market! ETF withdrawals amount to nearly $900 million, the second largest outflow in history.
According to the Securities Times app, with the recent wave of risk aversion sweeping global financial markets, high-valued US tech stocks, Bitcoin, and other risky assets seem to be spiraling into a downtrend. Investors have withdrawn nearly $900 million from ETF funds investing in Bitcoin, causing Bitcoin to further drop below the $100,000 mark, with the decline seemingly deepening.
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