📉 Bitcoin slides again - selling pressure intensifies

According to CryptoNews, Bitcoin’s recent price action is dominated by accelerated sell-offs and growing supply on the market, adding to downside pressure reminiscent of previous deep corrections.

Key takeaways:
• Heavy selling is exacerbated by thin spot liquidity.
• Buying volumes remain weak, making it hard to establish a solid bottom.
• ETF inflows that supported BTC earlier have slowed or turned into outflows.

📊 Analysts warn that if selling continues and demand doesn’t return, Bitcoin could breach key technical support levels and extend the correction.

BNB

586.74

-3.21%

XRP

1.3348

-4.91%

BTC

63,256.89

-4.46%