Bitcoin Faces Deeper Reset Risk as Bitfinex Warns of $70K Drop

First reported 12 Nov, 02:30 UTCSource: Bitcoin.com NewsLast editorial activity 12 Nov, 02:30 UTCWrite a comment ↓

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What happened

Bitfinex warned that bitcoin risked a prolonged decline as weak fund flows, uneven corporate demand, and broader market pressures tested its recovery. Bitcoin Faces a $75,717 Recovery Test Crypto exchange Bitfinex warned. The exchange also flagged growing futures exposure and steeper altcoin losses.

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Sources & evidence

Bitcoin.com News Reporting source
Bitcoin Faces Deeper Reset Risk as Bitfinex Warns of $70K Drop ↗
https://news.bitcoin.com/market-updates/bitcoin-faces-deeper-reset-risk-as-bitfinex-warns-of-70k-drop/

What happened

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