Svmuu News: The price of Bitcoin fell to around $59,400 today. On Thursday, the U.S. spot Bitcoin ETF saw net outflows of nearly $691 million, marking the largest single-day outflow since May 27.
Meanwhile, Friday will see the expiration of $10.6 billion in Bitcoin options. Over the past 24 hours, liquidations of leveraged cryptocurrency positions across the network exceeded $1.1 billion, with long positions accounting for $875 million of that total.Bitcoinis currently trading at approximately 53% below its all-time high of $126,080, set in October 2025,with the price fluctuating between $58,189 and $60,724 over the past 24 hours, and the total market capitalization falling to around $1.18 trillion. (Decrypt)