Bitcoin dropped below $88K, triggering over $1.5B in liquidations.
Binance CEO Richard Teng downplayed the crash, calling it a “tactical retreat,” citing historical resilience and ongoing institutional interest in crypto.
Bitcoin ETFs have amassed $39.03B but saw outflows of $539M on Feb 24 and $366M on Feb 25.
Ethereum ETFs, which have gathered US$3.08B (AU$4.8B), are also under pressure, reflecting uncertainty among institutional investors regarding their crypto exposure.