Bitcoin Traders Bet on Deeper Crash, Eyeing $55K Level Next

Story Highlights* Prediction markets now assign a 66% chance Bitcoin falls below $55,000 this year.

  • Bitcoin traders see a 50% probability of Bitcoin dropping under $50,000 before year-end.
  • Bitcoin ETFs lost over $3.4 billion as institutional demand weakened significantly recently.
BTC-5.76%
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