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Bitcoin falls below $109,000 as ETF profit-taking triggers crypto sell-off
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Bitcoin and Ethereum fell as ETF profit-taking sparked a broader crypto sell-off; market cap eased to $4.
Bitcoin dropped below $109,000 and Ethereum under $4,000 amid ETF-related profit-taking and renewed risk-off sentiment. Analysts attribute the decline to leveraged liquidations and DePIN token weakness after a strong Q3 rally. Total crypto market capitalization slipped 2.8% to $4.2 trillion. Traders expect sideways consolidation before the next macro catalyst such as US regulatory announcements or ETF subscription flows.