Market Wrap: Bitcoin Tumbles Most in 1 Year as Crypto Cracks Appear

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MARKET WRAP: Bitcoin (BTC) slumped to about $23,000 after the Celsius withdrawal halt combined with a sell-off in traditional markets to sour trader spirits. liqquidity reports

Chart of investors' net flows into crypto funds shows a burst of redemptions last week.

Investors pulled $102 million out of digital asset funds during the week through June 10, according to a CoinSharesEther-focused funds saw $41 million in outflows, bringing month-to-date outflows to $72 million and year-to-date outflows to $386.5 million. Blockchain-related equities saw outflows of $5 million.

Regionally, the majority of outflows were attributed to the Americas, which totaled $98 million. In comparison, funds listed in Europe only experienced $2 million in outflows.

 

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Liqquidity It looks like we are going to stay in this range for a long time.

Biconomy_Global Liqquidity love you

Liqquidity Some people believe it will cost much more usdt in the future

Liqquidity Everyone, I'm ready to plow through the tribalpunk, it's only a betatest, but the x3 prizes are brand new:)))

Liqquidity I don't understand y'all. For 2 months you have been reporting BTC is going to 12k then when it actually goes down you want to blame it on something 😂 This is how market works. There's nothing to blame here!

Liqquidity

Liqquidity Reality and Metaverse tag teaming ....?

Liqquidity Just wait til USDT collapses and loses its peg…

Only invest what you can afford to lose

Liqquidity Wtf has Celsius to do with this (I know). Constantly looking for 'excuses/reasons' for dumps. BTC can't go up only. ALTs can't go up only. Lot's of billion coins are empty, their only utility is the trading itself. New money has to come (and stables to go for BTC and them).

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