Bitcoin’s Bad Day

Bitcoin’s price has tanked, and it’s taking other cryptocurrencies down with it. But here’s the thing: it’s not all doom and gloom. Exchange-traded funds (ETFs) have seen outflows, but it doesn’t look like investors are hitting the panic button just yet.

No Crypto Winter… For Now

It’s easy to get caught up in the hysteria when bitcoin’s price plummets. But ETF selling doesn’t seem to be driven by investor panic. It’s a rational response to a bad market, and that’s not necessarily a bad thing. After all, it’s not like investors are dumping their cryptocurrency holdings en masse. They’re just being cautious, and who can blame them?