Bitcoin’s Drops to $41,500: Scaramucci Offers Insights into the Decline, Predicts When it Might Stabilize
Following the approval of Bitcoin Spot ETFs, many analysts believe that the current downturn is a classic case of a “sell the news” scenario. Today, the price of BTC experienced a sharp decline of nearly 10%, plummeting to $41,500. Simultaneously, a substantial amount of liquidation activity has inundated the cryptocurrency market over the past hour….