Crypto Sell Off
Bitcoin Dips Below $90K Amid ETF Sell-Off & US-China Trade Tensions 📉💥
Greetings Warriors
Bitcoin Faces Sharp Decline as Market Pressures Mount
Bitcoin (BTC) has dropped below $90,000 for the first time since November 2024, sending shockwaves through the crypto market. This dip comes as ETF outflows continue, liquidations surpass $1.3 billion, and US-China trade tensions weigh heavily on investor sentiment.
On February 25, Bitcoin fell to $87,629, marking a three-month low not seen since November 14, according to Cointelegraph Markets Pro.
What’s Driving Bitcoin’s Drop? Key Factors to Watch 👀
1️⃣ Massive ETF Outflows Continue 📉
🔹 US Bitcoin ETFs saw over $516 million in net outflows on February 24 alone
🔹 ETFs have been on a six-day selling spree, dumping massive amounts of Bitcoin since February 18
🔹 Over $1.14 billion in cumulative net outflows occurred in the two weeks leading up to February 21
This marks the largest two-week withdrawal period since Bitcoin ETFs first launched on January 11, 2024.
2️⃣ Crypto Liquidations Hit $1.3 Billion 💥
With Bitcoin’s steep correction, liquidations surged past $1.3 billion, further fueling volatility in the market.
3️⃣ US-China Trade Tensions Add Pressure 🌍
🔹 Ongoing US-China trade uncertainties have intensified economic uncertainty for investors
🔹 Former US President Donald Trump hinted at the possibility of a new trade deal with China but provided no clear timeline for negotiations
What Analysts Are Saying 🤔
📊 Iliya Kalchev, dispatch analyst at Nexo, warns that Bitcoin's rally may be losing momentum due to broader economic pressures:
“Elevated interest rates and reduced global purchasing power have led to a noticeable decline in both open interest and spot inflows, underscoring Bitcoin’s vulnerability to macroeconomic conditions.”
Despite recent political endorsements supporting Bitcoin, rising interest rates and economic uncertainty are impacting investor sentiment.
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Will Bitcoin Recover or Keep Dropping? 🚀 vs. 📉
🔹 The big question: Is Bitcoin’s correction just a dip—or the start of a bigger sell-off?
🔹 With ETFs still offloading Bitcoin and macroeconomic factors at play, BTC could see more volatility in the coming weeks.
What’s Your Take? Let’s Discuss!
🔥 Do you think Bitcoin will bounce back above $90K soon, or is this just the beginning of a bigger correction?
🔥 Are ETF outflows and macroeconomic pressures the biggest threat to Bitcoin right now?
🔥 How do US-China trade tensions impact the crypto market?
Drop your thoughts in the comments, share this post, and let’s keep the conversation going! 🚀💬
