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Following a recent Bitcoin crash, prominent figures like Tom Lee suggest a technical glitch with the stablecoin USDe on Binance triggered the downturn. Others, however, are pointing fingers at deliberate market manipulation by large funds.

Controversial internet personality Andrew Tate lost his entire crypto fortune on the Hyperliquid platform during the recent market crash, with over 630,000 euros liquidated.

Bitcoin’s sudden 9% drop was driven by the Federal Reserve’s hawkish stance on interest rates, not by hacks or bad news.

U.S. spot Bitcoin ETFs experienced a massive €782 million outflow in one day, with November on track to be the worst month for the products. BlackRock and Fidelity led the exits as Bitcoin’s price fell to a seven-month low, while altcoin ETFs saw inflows.

Bitcoin has dropped over 8% in the past 24 hours, with XRP and other altcoins also facing significant pressure amid market-wide uncertainty and fears of further declines.

While many investors are panic selling, Cathie Wood’s Ark Invest has purchased another $38.7 million in shares of major crypto companies like Coinbase and Circle, doubling down on its strategy of buying the dip.