CoinEx Daily: Bitcoin falls below 80,000; Strategy halved its share price

overview

BTC below 80,000; Strategy shares fell sharply, losing nearly half their value from their peak, as investors fretted about economic headwinds and pulled back on crypto-related bets that had previously benefited from the election of Donald Trump

Daily Macro

Bitcoin Market situation: Bitcoin plunged to $76,000 and then rebounded; ETH fell below $2,000 and SOL fell below $120

Bitcoin ETFs: Net outflows of $279 million yesterday

Ethereum ETF situation: Net outflows of $34 million yesterday

Macroeconomic data: Tomorrow, the United States will release the unseasonally adjusted CPI annual rate in February and the quarterly CPI monthly rate in February

Daily Focus

ETH

Reason to focus: Ethereum fell below $2,000, the low fell to $1,800, and a number of on-chain whales were liquidated.

Related Token Performance (24H) :

ETH: -10%

Market analysis: The cottage market represented by ETH is being sold off

Next Focus

SOL

Reason to focus: The SOL low fell to $110, a whopping 62% drop away from ATH

Market analysis: SOL's new proposal is in the works and there is pressure on its short-term price.