Bitcoin sees a “rinse and repeat” BTC price decline at the hands of ETF turmoil as FTX joins the selling pressure.
Bitcoin (BTC) hit its lowest levels since the start of December after the Jan. 23 Wall Street open as anger grew over market selling.
Data from Cointelegraph Markets Pro and TradingView followed BTC price action as it slumped to $38,505 on Bitstamp.
Barely recovered at the time of writing, Bitcoin faced a now-familiar cocktail of institutional sell-offs and low demand to retrace nearly two months’ gains.
