00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Bitcoin extended its sell-off, falling more than 8% in a 24-hour period as total crypto
00:07liquidations reached $1.03 billion, according to Benzinga. Bitcoin ETFs recorded $544.9 million
00:16in net outflows on Wednesday, while Ethereum ETFs saw $79.5 million in net outflows.
00:23The meme coin sector declined 4.8% over the same period, bringing total market capitalization
00:28to $35.7 billion. CryptoTraderGel said Bitcoin is entering a key area near prior all-time
00:35highs within a broad $20,000 consolidation zone, where he expects demand to emerge with
00:40clearer direction next month. Michael Vandepoppy said Bitcoin volatility is unlikely to fade
00:46as the price fails to reclaim key levels and drifts toward the 2021 all-time high zone that
00:52will test Real buying pressure. Analysts said Bitcoin and Ethereum are at critical technical
00:57levels, with potential downside risks if support fails. Traders also flag Solana, XRP, and Dogecoin
01:04as approaching decisive phases amid continued market pressure.
01:07For all things money, visit Benzinga.com.
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