Just in: Crypto Weekly (06/01 – 12/01): Bitcoin Continues to Plummet to 100k

1. Crypto Market Last Week

Last week, Bitcoin once again surpassed the $100,000 milestone. However, the joy was short-lived as the price quickly corrected sharply, dropping from a peak of $102,700 to a weekly low of $91,300. Currently, Bitcoin is trading around $95,000. In terms of news, there were no significant events last week that greatly impacted the price. The primary reason for the decline is believed to be strong selling pressure from ETFs, replacing the previously strong buying momentum. #BTCMove $BTC