Why is Bitcoin trading below $110,000? Everything that happened in crypto today

Bitcoin traded at $108,733.66 at press time, declining 2% intraday, driven by trade tensions and leverage unwind. Waning demand also contributed to the correction. US-traded spot Bitcoin ETFs recor...

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Why is Bitcoin trading below $110,000? Everything that happened in crypto today

Source: CryptoSlate

Bitcoin traded at $108,733.66 at press time, declining 2% intraday, driven by trade tensions and leverage unwind. Waning demand also contributed to the correction. US-traded spot Bitcoin ETFs recorded approximately $104 million in net outflows on Oct. 15, according to Farside Investors’ data, removing recent support for spot bids. Major altcoins tracked Bitcoin’s decline, with […]