Greed

Dogecoin

Solana

Bitcoin

<ul>
 <li>The stock market liquidated $1.05 trillion and crypto market liquidated almost $100 million.</li>  
 <li>Fidelity sold 2812 BTC marking the second largest outflow ever.</li>  
 <li>How long will it take for the crypto market to recover before bull run begins?</li> 
</ul>  
<p>Tensions are high today as the stock and crypto market says major liquidation. With over <a href="https://x.com/WatcherGuru/status/1831061345833500953" target="_blank" rel="noopener noreferrer nofollow">$1.05 trillion</a> being wiped out from the US stock market the <a href="https://alternative.me/crypto/fear-and-greed-index/" target="_blank" rel="noopener noreferrer nofollow">Crypto Fear &amp; Greed Index</a> plunges to a score of 27 marking a high Fear sentiment.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-stock-and-crypto-market-plummets">Stock and Crypto Market Plummets</h2>  
<p>This reflects the sentiment of the crypto market which faced major price dips for Bitcoin, Ethereum, and many other major altcoins. The crypto space alone experiences a liquidation of nearly $100 million in one hour.&nbsp;</p>  
<p>A huge factor for this liquidation can be traced to the fact that the US Department of Justice <a href="https://cryptonewsland.com/global-markets-and-cryptocurrencies-drastically-tumble/" target="_blank" rel="noopener noreferrer nofollow">subpoenaed NVIDIA</a>. The tech giant weighed down over a 600 point dip in the Dow Jones Industrial Average. Other popular stock options took a plunge as well leading to the overall liquidation amount.</p>  
<p>In particular, for Bitcoin (BTC), its value dipped to $55,000 and has now climbed back up to the $56,600 range. Ethereum (ETH), Solana (SOL), Ripple’s XRP, and Dogecoin (DOGE), top contenders for parabolic gains this bull cycle, have all tumbled alongside Bitcoin.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-fidelity-sells-2812-bitcoin-marking-second-largest-outflow-ever">Fidelity Sells 2812 Bitcoin Marking Second Largest Outflow Ever</h2>  
<p>Another major cause for the Bitcoin (BTC) price dip is the latest outflow in Bitcoin (BTC) marking the second largest outflow ever. As we can see from the post below, Fidelity sold 2812 Bitcoin (BTC).</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/thomas_fahrer/status/1831129616020554237
 </div>
</figure>  
<p>Responses to the post above can only draw one conclusion to the massive sellout. Many are aware that <a href="https://cryptonewsland.com/historically-challenging-september-crypto-market/" target="_blank" rel="noopener noreferrer nofollow">September is one of the hardest months</a> in the crypto market with prices plunging to unexpected lows and institutes are probably panic-selling.&nbsp;</p>  
<p>Despite the major FUD, most seasoned analysts are prepared for the dip due to historic data predicting a market dump. These long-time traders see the mirroring pattern and expect a major upturn for the crypto market soon.&nbsp;</p>     
<p>The post <a href="https://cryptonewsland.com/fidelity-sells-2812-bitcoin-dump-intensify/" rel="noopener noreferrer nofollow">Fidelity Sells 2812 Bitcoin Marking Second Largest Outflow Ever, Will the Crypto Market Dump Intensify?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Fidelity Sells 2812 Bitcoin Marking Second Largest Outflow Ever, Will the Crypto Market Dump Intensify?

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