$BTC and $ETH are falling cuz everyone is scared rn, not cuz crypto broke. Inflation came hotter than expected so people think Fed will hike in December. Dollar got stronger, yields went over 5%, and a lot of money is rotating out to buy the Anthropic IPO. Bitcoin broke below 70k and that triggered a ton of liquidations, over $1B of longs wiped. ETFs have seen outflows for 7 days straight so big money is just leaving. And with Nvidia drama and extreme fear, people are just selling first and asking later.
TusharKShare
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