Bitcoin Breaks $110K Floor as Tariff Shock, ETF Outflows Hit Markets
Favorite
Share
Scan with WeChat
Share with Friends or Moments
Key Takeaways
- BTC failed $110,000 and dropped to ~$106,409 as shorts accelerated the move; total crypto market cap fell ~4.9% to $3.6 trillion.
- Spot Bitcoin ETFs recorded $536 million of net outflows yesterday; Ethereum ETFs saw $56.88 million of outflows.
- Options flow shows heavy put demand and a material short-term risk repricing; roughly $690 million was liquidated in the past 24 hours.
- Onchain nuance: small-to-mid holders are accumulating while miners deposited ~51,000 BTC since October 9, indicating mixed supply dynamics.
- Macro shock: 100% tariff rhetoric and an ongoing U.S. shutdown pushed Fear & Greed index down to 22; gold topped a $30 trillion market cap as safe-haven demand surged.
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
About MyToken:https://www.mytokencap.com/aboutusArticle Link:https://www.mytokencap.com/news/535859.html
Related Reading
Blockcast 78 | Jeff Feng Talks Sei Network's Vision for the Future of Trading
Sei Labs co-founder Jeff Feng unpacks the core value of blockchain as a trading engine, the strategi...
In the Age of Surveillance, Privacy Coins Are Having a Moment
Amid a turbulent market and increased regulatory scrutiny, privacy tokens are outperforming major cr...
Ripple Pursues $1B XRP Accumulation Vehicle Despite Market Headwinds
SPAC structure targets billion-dollar raise for fifth-largest cryptocurrency as treasury model faces...