Why is Bitcoin and the Crypto Market Down Today?

TLDR: Crypto market drops as Bitcoin falls under $110K after strong U.S. GDP data and lower jobless claims. Over $162B was erased from crypto valuations as liquidations hit leveraged positions across exchanges. Spot Bitcoin ETFs saw $258M in outflows while Ethereum ETFs recorded their fourth day of withdrawals. New U.S. tariffs and a looming government [...]

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