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Bitcoin (BTCUSD) Tumbles on ETF Outflows and Fed Nomination Amid Tech Earnings Weakness

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The Story

News Summary

  • Bitcoin plunged below $60,000 amid heavy US selling, ETF redemptions, and structural selling pressure, linked to Fed nomination and tech earnings.
  • Recovery depends on ETF inflows, positive Coinbase premium, and stable derivatives markets.
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BTCUSD price history

76356.35 +11.02% over the displayed period

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