The post Why is Bitcoin crashing again today? appeared on BitcoinEthereumNews.com. Bitcoin slipped to around $69,500, while open interest fell to about $108 billionThe post Why is Bitcoin crashing again today? appeared on BitcoinEthereumNews.com. Bitcoin slipped to around $69,500, while open interest fell to about $108 billion

Why is Bitcoin crashing again today?

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  • Bitcoin slipped to around $69,500, while open interest fell to about $108 billion and 24-hour liquidations climbed to $273 million.
  • Sentiment looks awful right now, with the Fear & Greed Index at 9 in extreme fear, while major coins like ETH, SOL, XRP, DOGE, and BNB also stayed in the red.
  • The wider setup is not helping either: gold dropped nearly 2%, the U.S. dollar index edged higher, and U.S. stock futures were mostly flat as markets watched for any new turn in the Middle East story.

Source: https://www.cryptopolitan.com/why-is-bitcoin-crashing-again-today/

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