Bitcoin Nosedives to $58K: Are Massive ETF Outflows the Culprit?

The cryptocurrency market is currently experiencing significant turbulence, with Bitcoin and other major digital assets facing sharp declines. This downturn seems to be the result of several converging factors, each contributing to a broader ripple effect across the market. Market Overview Bitcoin has plunged below the critical $60,000 mark, settling around the $58,000 to $59,000 source: https://icogemhunters.com/bitcoin-nosedives-to-58k-are-massive-etf-outflows-the-culprit/