Why is Bitcoin trading below $110,000? Everything that happened in crypto today

Bitcoin traded at $108,733.66 at press time, declining 2% intraday, driven by trade tensions and leverage unwind. Waning demand also contributed to the correction. US-traded spot Bitcoin ETFs recorded approximately $104 million in net outflows on Oct. 15, according to Farside Investors’ data, removing recent support for spot bids. Major altcoins tracked Bitcoin’s decline, with The post Why is Bitcoin trading below $110,000? Everything that happened in crypto today appeared first on CryptoSlate.