Bitcoin falls to four-month low near $62K as crypto selloff deepens

Share

Bitcoin dropped to $62,080.91 on Sunday, its lowest level since July, before rebounding above $65,000. It nevertheless remains down nearly 15% over seven days. Over the same period, Ether lost 19.5% and Solana 20.7%, while the total crypto market capitalization fell 4% to $2.26 trillion. The Crypto Fear & Greed Index dropped to 10, confirming “extreme fear.” The decline followed net outflows of $2.35 billion from US spot Bitcoin ETFs over two consecutive weeks, including $1.07 billion during the week ended Nov. 13.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items