Crypto market sheds 2% to $2.74T as Bitcoin retreats to $81.7K
- —Market cap dropped 2% to $2.74T over the past 24 hours
- —BTC fell to $81.7K, wiping out Tuesday and Wednesday gains
- —ETH failed at its 50-day average near $2.5K for the second time in October
- —US spot Bitcoin ETF inflows hit their highest level in nearly a month
Why it matters: A break below $2.7T could trigger stop-loss cascades, while ETH's failure as a leading demand indicator adds to broader market risk.
Source: Bitcoin Insider