Bitcoin Dips Below $90K, Institutions Pull Back
Update: 2025-11-18
Description
Bitcoins recent dip below ninety thousand dollars, attributed to Mt. Gox wallet transfers, has sparked investor concerns. Despite a slight recovery, the crypto market capitalization has shrunk from four trillion to three point two trillion dollars. Institutional demand has also waned, with Bitcoin and Ethereum ETFs experiencing significant outflows. While Bitcoins price could potentially drop further, the downside appears limited, with the likelihood of reaching one hundred fifteen thousand dollars before eighty-five thousand dollars decreasing significantly.
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