Crypto prices slipped as investors locked in gains after an early-January rally.
Bitcoin has dipped under $90,000, triggering liquidations and ETF outflows.
Easing rate expectations and upcoming policy events could support prices ahead.
Cryptocurrency prices fell on Thursday as investors booked profits after a strong early-January rally. Bitcoin has now slipped below $90,000, pulling the broader crypto market lower. Selling followed repeated failures near key price levels, ETF outflows, and a cautious macro backdrop.
Crypto Market Pulls Back After Early-January Rally
The total market capitalization declined by 2.6%, hovering near $3.16 trillion, as traders reduced exposure following recent gains. Bitcoin led the move lower after failing for a third time in five weeks to break above the $94,000 to $94,500 range.
The rejection triggered selling, pushing Bitcoi…
Read The Full Article Why Is Crypto Down Today? Profit-Taking and ETF Outflows Pressure Market On Coin Edition.
