Bitcoin’s $60K Plunge Driven by Inflation Fears and ETF Selling, Not MicroStrategy Sales
Bitcoin’s recent slide below $60,000 has sparked debate about what’s really behind the selloff. While many observers pointed fingers at MicroStrategy’s first bitcoin sale since 2022, a new analysis suggests the culprit is something far more fundamental: rising inflation and the institutional exodus through spot bitcoin ETFs. Markus Thielen, founder of 10x Research, argued in…

