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Crypto in Spotlight: Navigating Bitcoin Slump With Alternative ETFs
ZACKS· 2026-02-06 15:30
Key Takeaways BTC plunged nearly 20% in a week, erasing over $1T in crypto market value amid a sharp sentiment shift.Hawkish Fed fears and the unwinding of the Trump-driven crypto rally accelerated Bitcoin's steep correction. SOL and XRP ETFs drew fresh inflows, signaling investor rotation toward alternative digital assets. The cryptocurrency market has been hit by a seismic jolt recently, with Bitcoin (BTC) plummeting to 16-month lows. In a staggering display of volatility, the "digital gold" fell nearly ...