$BTC  fell 1% to $108,800, while the overall crypto market dropped 1.8%.

Main reasons 👇

🧊 Institutions Taking Profits

U.S. Bitcoin ETFs saw their largest outflows in two weeks.

💡 Meaning: big players are trimming exposure after the Fed’s rate cut and ongoing political uncertainty.

⚙ Leverage Unwind

BTC slipped below $110K, triggering $424M in liquidations.

Price is below the 7-day and 30-day SMAs, RSI at 41.5.

📉 Technically: the breakdown triggered stop-loss cascades.

Negative funding suggests more downside ahead.

🐋 Whales on the Move

BlackRock and SpaceX transferred 1,075 #BTC  ($118M) to exchanges.

BTC–Nasdaq correlation hit 0.89, while 68% of supply remains with long-term holders.

⚖ #Bitcoin  drop reflects ETF outflows, leverage flush, and technical breakdown.

Short term — the outlook stays bearish,

but 18% stablecoin dominance signals plenty of capital waiting to re-enter.

📆 Hold above $111,800 — chance for a rebound.

Lose it — we may see $103K next.

P.S. How soon do you think #Bitcoin  will surpass silver? 🪙