The cryptocurrency market has dipped below the $3 trillion threshold, declining by 1.4% to $2.97 trillion as institutional selling intensifies. CoinShares reported a significant outflow of $95.2 million last week, contributing to the bearish sentiment.
Bitcoin, which recently reached $90,000, is experiencing downward pressure, while Ethereum has also seen substantial exits. In contrast, BitMine has increased its Ethereum reserves by adding 98,852 ETH, now holding 3.37% of the total supply. Galaxy Digital has issued a warning about potential risks in 2026, adding to the cautious market outlook.
Crypto Market Falls Below $3 Trillion Amid Institutional Outflows
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