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via finance.yahoo.comMarkets

Bitcoin slides toward $60,000 as ETF outflows and liquidations intensify

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Bitcoin fell to a four-month low over the weekend, approaching a major liquidation zone near $60,000 as institutional outflows, leveraged selling and expectations of higher U.S. interest rates pressured cryptocurrency markets. Our AI stock portfolio is beating…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishBitcoin's drop to a four-month low drags the whole crypto segment, with institutional outflows and leveraged selling.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bitcoin dropped to $62,112, its weakest level since July 14, before recovering to $64,843.6.
  2. 02The selloff has erased about 25% of its value since October 21.
  3. 03Ether fell to $1,711, its lowest since July 8.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Strategy IncMSTRStock111.62 USDMarket closedtoday -2.44%Negative BitcoinBTCUSDCrypto65,703.60 USD+1.93%today +2.46%Negative SolanaSOLUSDCrypto72.35 USD+2.80%today +3.10%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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