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)
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With $691 million in outflows from spot ETFs and options expiration approaching, Bitcoins have fallen to $59,400
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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