Bitcoin Price Plunges Below $81K Despite $1 Billion in ETF Inflows
Bitcoin fell below $82,000 to an intraday low of $80,836 in a late Wednesday sell-off, a nearly 4% daily loss that reversed a two-week high reached hours earlier. The drop came despite $1 billion in ETF inflows, and long positions were liquidated across the broader crypto market. Traders care because the sell-off shows ETF demand failing to hold up price and raises the risk of further long liquidations.