Bitcoin Slips Below $90,000 as ETF Outflows Trigger Liquidations — Here Is What’s Pressuring Price

Bitcoin has experienced a significant downturn, slipping below the $90,000 mark, largely due to a series of outflows from Exchange-Traded Funds (ETFs) that have triggered a wave of liquidations in the market. This development has raised concerns among investors and traders alike, as various factors are contributing to the downward pressure on Bitcoin's price. In this context, it is important to analyze the underlying reasons causing this decline and the potential implications for the cryptocurrency market as a whole. Here are some insights into the factors that are currently pressuring Bitcoin's price and affecting its overall market sentiment. source: https://blocknews.com/bitcoin-slips-below-90000-as-etf-outflows-trigger-liquidations-here-is-whats-pressuring-price/