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Bitcoin, Ether and other top 10 cryptocurrencies marked large losses as of Wednesday afternoon in Asia.Spot bitcoin ETFs saw the largest overall fund outflow since debut.Two experts pegged Solana fever as a factor behind the price drop.
Bitcoin bulls brace for macro turbulence with the BTC price correction passing $12,000 versus recent all-time highs.
The ETF’s record outflow day came as Bitcoin hit a U.S. trading day low of nearly $62,000 as it continues to slide after hitting a high last week.
“Everyone who wanted to buy into the halving mostly has,” said Capriole Fund founder Charles Edwards.
The SEC has continued to push back its decision on spot Ether ETFs while analysts have turned more pessimistic on approvals.
- 20:59RIPETH creator made just under $10,000 in profit and no longer holds the tokenAccording to the monitor, the address that created RIPETH began withdrawing SOLs and pledging them from CoinSecure nine days ago, withdrawing a total of 206,111 SOLs (about $36 million). The address created RIPETH eight days ago, probably without any intention of promoting the meme. Four hours ago, investors started buying RIPETH, and the whale address quickly noticed the rise and withdrew 200 SOLs from CoinSafe to buy RIPETH. The purchase was also seen by the community, but the address quickly sold for a profit of 85 SOLs (about $14,500), and his purchase was not seen by the community, but the address quickly sold for a profit of 85 SOLs (about $14,500). The purchase was also seen by the community, but the address quickly sold for a profit of 85 SOL (about $14,500), and his sale caused RIPETH to plummet. The address has since bought RIPETH again for 50 SOL and quickly sold it for 19.8 SOL, losing only 30.2 SOL ($5,100). Currently, this address no longer holds RIPETH.
- 20:58U.S. stocks closed with the Nasdaq plunging 2.76 per cent as tech stocks fell across the boardThe three major U.S. stock indices closed collectively lower, with the Dow down 0.9%, the Nasdaq down 2.76%, and the S&P 500 down 1.86%. Large technology stocks fell across the board, Microsoft fell more than 6%, Meta fell more than 4%, Amazon, Tesla fell more than 3%, Apple, Google fell nearly 2%. Chip stocks fell in general, Arm fell more than 8%, Nvidia, Micron Technology fell more than 4%, TSMC, Qualcomm fell more than 2%.
- 20:57BTC falls below $70,000, down 1.15% on the dayNovember 1, the market shows that BTC has just fallen below $70,000, now at $69,815.20 per coin, down 1.15% intraday.
