Key Notes
Bloomberg noted that crypto market investors have yet to come out of the October shock while repelling new demand.
BlackRock Bitcoin ETF (IBIT) reportedly offloaded 24,000 BTC worth $2.75 billion, adding to the selling pressure.
Traders remain cautious and sidelined despite improving macro conditions like Fed rate cuts, upcoming pivot to quantitative easing (QE), etc.
Crypto market liquidations have soared to $1.33 billion once again, with yet another selling pressure as Bitcoin BTC $103 768 24h volatility: 3.7% Market cap: $2.07 T Vol. 24h: $82.33 B and altcoins face deeper correction. While BTC price has now dropped to $104,500, Ethereum ETH $3 480 24h volatility: 6.5% Market cap: $421.02 B Vol. 24h: $50.60 B is le

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