Bitcoin Risks Deeper Fall on $20 Billion Crypto Hedge Fund Redemptions

Bitcoin price trades around $86k after crashing from $92k amid panic among institutional investors, as evidenced by $357 million spot Bitcoin ETF outflows. Experts such as 10x Research and on-chain data platforms expect a further drop in BTC BTC - $87828.444 price, especially amid tax-loss harvesting and weak technical structure.

Source: coingape.com

Related symbols: BTCUSD

2025-12-16 11:12:06 GMT.

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Price & Market Data

Price: $87828.444

Volume 24h: $43,381,243,125.94

Market Cap: $1,753,324,939,775.10

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,960,137. The last known price of Bitcoin is 92,881.70527821 USD and is up 2.97 over the last 24 hours. It is currently trading on 12494 active market(s) with $64,690,251,324.95 traded over the last 24 hours. More information can be found at https://bitcoin.org/.