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Bitcoin (BTCUSD) Plummets Amid Wintermute-Binance Lawsuit Rumors and Fed Rate Uncertainty

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The Story

News Summary

  • Bitcoin and major cryptocurrencies plunged over 4% amid rumors of a lawsuit between Wintermute and Binance.
  • The market turmoil intensified following massive liquidations and Fed's rate cut hesitation.
  • Wintermute's founder denies lawsuit plans, but Bitcoin ETF outflows continue, adding selling pressure.
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BTCUSD price history

76828.03 +14.68% over the displayed period

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