Big pie BTC fell down after passing through ETF. Now there are 3 reasons for your reference.
First: Grayscale gbtc is faced with spot selling pressure after a large number of redemptions and realizations
Second: The market needs to digest the good news.
Third: Bitcoin production has been reduced for less than 100 days. Old miners are facing new challenges and need to cash in to replace mining machines. Some of them can cash out directly and wait.
This part needs to be received by new miners after the production reduction!
Although the market is facing selling pressure, the situation is very good. Whether it is the old American policy, interest rate cuts or production cuts, it is beneficial to the development of Bitcoin.
If btc changes, everyone will pay attention to btc second layer stx, rif
brc plate ordi, sats, rats
