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Bitcoin drops below $60K amid $1.48B crypto liquidations and $470M ETF outflows

Market News
25 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin fell below the key $60,000 level on June 25, driven by heavy outflows from U.S. spot Bitcoin ETFs totaling $469 million and a massive $1.48 billion in crypto liquidations over 24 hours. The selloff hit major cryptocurrencies like Ethereum and Solana, with long traders suffering most as $1.21 billion in long positions were liquidated. Bitcoin's technical indicators weakened, with the price slipping below support and the RSI nearing oversold levels, signaling potential short-term volatility. Investors will watch for signs of renewed buying to confirm any market rebound.

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