BTC Dips Below 86,000 USD#bitcoin

$BTC

BTC has indeed dipped below 86,000 USDT, currently trading at 84,919.203125 USDT, with a 6.04% increase in 24 hours ¹. This price drop is part of a larger market correction, with Bitcoin ETFs experiencing significant outflows. In fact, BlackRock's IBIT saw record daily outflows, and US spot Bitcoin ETFs have had a negative streak of $3 billion ².

Despite this downturn, some experts remain optimistic. Bernstein has reiterated its $200,000 Bitcoin target, seeing the current market correction as a buying opportunity ². Additionally, Metaplanet has purchased 135 more Bitcoin, becoming a top-15 publicly traded BTC holder ².

If you're interested in buying or staking Bitcoin, you can do so on platforms like Coinbase ².