Why Is Crypto Crashing? Record $700M Exits Bitcoin ETFs in Single Day as Wall Street De-Risks Ahead of Trade War
More than $700M flowed out of US spot Bitcoin ETFs in a single day this week, marking the sharpest pullback in two months. Let’s dive into why is crypto crashing?
According to Bloomberg’s latest report on January 21, investors pulled roughly $709M from spot Bitcoin ETFs listed in the US. It was the biggest daily outflow since November 20.
The exit followed a stretch of market tension sparked by President Donald Trump’s renewed tariff threats against Europe.
His comments raised fresh fears of a broader trade conflict and pushed investors out of risk assets across global markets.
DISCOVER: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year
Bitcoin slipped below $88,000 during Tuesday’s…
