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**$72 Million Bitcoin in 24 Hours; New Year’s Eve BTC Sellout**
The crypto market has started the year with a bang, as Bitcoin (BTC) witnessed a massive sell-off on New Year’s Eve, with a staggering $72 million worth of transactions being made in just 24 hours. This sudden and drastic change in market dynamics has left traders and investors alike scratching their heads.
The sudden downturn is attributed to the fact that many investors are taking profits from last year’s rallies, while others have decided to offload their assets after a tumultuous year for cryptocurrencies.
Source: u.today
