...BTC has fallen below $72k and ETH closing in on $2k, a cascading fall is in play now.
...decided to short a little on BTC via BITI and on ETH via ETHD.
CRYPTO ASSETS LOSE $1.7 TRILLION IN VALUE SINCE OCTOBER PEAK
Bitcoin fell to around $72,000, its lowest level in 15 months, extending a drop of over 40% from its October peak as global markets sold off.
Analysts say the move reflects a broader risk-off shift, with Bitcoin trading in line with falling tech stocks.
ETF flows turned negative again, and doubts are growing about Bitcoin’s role as a safe haven as the crypto market has lost over $460 billion since late January. https://x.com/DeItaone/status/2019114930683641928?s=20