$BTC crashed 12% intraweek to $61,300, its lowest since February, as $1.75 billion was liquidated in a single session. Meanwhile, US spot Bitcoin ETFs posted a record 13-day outflow streak totaling $4.4 billion, the heaviest selling since the products launched in 2024.
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$BTC hit $61,300 on June 4 as geopolitical tensions, leverage unwind, and
@strategy's first BTC sale since 2022 combined to push markets into Extreme Fear territory.
↳ US spot
$BTC ETFs saw 13 consecutive days of net outflows totaling $4.4B. The 20-day trailing window hit $5.42B and 73,080 BTC, both all-time records
↳ CFTC cleared
@coinbase to offer perpetual futures via DeribitExchange, making it the first US-regulated exchange for perps. Own US product launches July 21.
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@RobinhoodApp completed its $180M acquisition of
@WonderFi, entering the Canadian market with Bitbuy and Coinsquare, covering C$2.1B in assets and 1.6M users.
ALT Four news cards showing Bitcoin crash to $61,300 with $1.75B liquidations, record 13-day Bitcoin ETF outflow streak at $4.4 billion, CFTC approval for Coinbase perpetual futures, and Robinhood's $180M WonderFi acquisition, arranged in a grid layout on a dark background.