Bitcoin and Ethereum ETFs lose $530 million in one day as $3 trillion Wall Street wipeout rattles crypto
· etf · Sentiment: bullish
Bitcoin and Ethereum ETFs lost 530 million in a single day. This was triggered by a 3 trillion Wall Street wipeout. Crypto markets were rattled by traditional finance declines. The event shows strong correlation between crypto and broader equities. Implication is increased risk from macroeconomic selloffs affecting Bitcoin.