Quick Take Bitcoin continued its sell-off overnight, dropping another 5% and settling back into the $58,000 – $59,000 range. This sharp decline is mirrored in perpetual funding rates, which have swung from extremely positive levels to negative, highlighting the rapid shift in market sentiment whenever Bitcoin either goes above or falls below the $60,000 mark. […]
The post BTC down 5%, mirrors largest ETF outflows since August 6 appeared first on CryptoSlate.
Go here to Read this Fast! BTC down 5%, mirrors largest ETF outflows since August 6
Originally appeared here:
BTC down 5%, mirrors largest ETF outflows since August 6