As reported by Cointribune, Bitcoin dropped below $90,000, dragging down the broader crypto market. JPMorgan attributes the correction to massive sales of Bitcoin and Ether ETFs by retail investors, with nearly $4 billion withdrawn from spot ETFs in November. The decline was triggered by Bitcoin falling below the $94,000 threshold, a key psychological level linked to production costs. Three scenarios are now possible: a technical rebound, a domino effect of further selling, or a buying opportunity for institutional investors.
Bitcoin Falls Below $90,000 as JPMorgan Blames Retail Investors for Market Correction
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