Bitcoin (BTC 0.81%) dropped below $95,000 on Nov. 14, marking its lowest point since May. The lead crypto has fallen by over 13% in the past month and is struggling to climb back above the $100,000 mark — an important psychological barrier. Today’s dip stoked fears that we could be entering another crypto winter.
According to Coinglass data, there were over $1.1 billion in outflows from Bitcoin exchange-traded funds (ETFs) in the past two days. The Crypto Fear and Greed Index, a common indicator of market sentiment, is registering extreme fear.
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Let’s dive in and look at what exactly makes a crypto winter and…
