Bitcoin extended is down over 8% in 24 hours as liquidations stand at $1.03 billion over the past 24 hours.      

Bitcoin ETFs saw $544.9 million in net outflows on Wednesday, while Ethereum ETFs reported $79.5 million in net outflows.

The meme coin sector fell 4.8% over the past 24 hours to a total market capitalization of $35.7 billion.

Trader Commentary:

Crypto trader Jelle said Bitcoin is now entering a major area of interest around its prior all-time highs and a broad consolidation zone spanning roughly $20,000. He expects demand to begin emerging in this region with clearer direction in next month.

Michael van de Poppe warned volatility is unlikely to fade anytime soon. Bitcoin…

Read more on Benzinga