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Bitcoin Plummets: Institutions Selling, Analysts Worry

Bitcoin Plummets: Institutions Selling, Analysts Worry

Published 5 days, 21 hours ago
Description

Bitcoin plummets, losing $5,000 in days, with over $1.5 billion withdrawn from spot ETFs since May 7. Aggressive selling and increased demand for put options signal potential further declines, with analysts watching the $76,000 level closely.

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