Crypto Price Today (Feb 19, 2025) Bitcoin Dips Below $94k, Solana Drops To $160
Bitcoin price has continued decreasing steadily since past week with it today dipping below $94k, marking daily low of $93,400 before quickly jumping back above $95,000.
The drop in Bitcoin price is attributed to increased outflows from Bitcoin ETFs. As per Farside data, the total outflow from Bitcoin ETFs was $129 million on 18 February. The current bearish market sentiment has also fueled increased Bitcoin selling in the past few days.
Following recent turmoils and massive upcoming token unlock, Solana (SOL) price has also continued shrinking with it dropping as low as $160 today. SOL price is currently trading at $169 while showing signs of potential reversal from these levels.
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