Bitcoin falls below $60K amid ETF outflows. Bitcoin reaching $70K by June 24 at 0.8% YES.

Bitcoin dropped below $63,000 on June 3, triggering over $150M in long liquidations. ETF outflows hit $4.4B over 13 days as volatility surges.

BTC's drop to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.

Bitcoin trades under $63,000 ahead of PCE data Thursday on, which analysts say is the market's next key test.

Bitcoin falls below $60K amid ETF outflows. Bitcoin reaching $70K by June 24 at 0.8% YES.

Bitcoin price has plunged below $60,000 after a perfect storm of ETF outflows, hawkish Fed signals, geopolitical inflation fears and shaken market confidence.

Bitcoin dropped below $60,000 to a 20-month low as $6.4 billion in US ETF outflows and a retail investor shift toward AI equities weigh on crypto markets.