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Bitcoin Slides Below $60K, Triggering $1 B Liquidations

6/25/2026

Summary

Story summary

Bitcoin fell below $60,000 to $59,548.19, its lowest level since October 10, 2024.
The slide caused about $1 billion in crypto market liquidations, including $800 million of long positions, per Coinglass.
Bitcoin ETFs recorded $182 million net outflows this week, shrinking assets to $77.5 billion from $113 billion at year-end.
MicroStrategy shares fell over 10% to $92 as bitcoin losses hit $10.6 billion, prompting CryptoQuant to urge pausing purchases and rebuilding cash reserves to $2.8 billion, dividend obligations $1.2 billion.

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Story summary

Bitcoin fell below $60,000 to $59,548.19, its lowest level since October 10, 2024.
The slide caused about $1 billion in crypto market liquidations, including $800 million of long positions, per Coinglass.
Bitcoin ETFs recorded $182 million net outflows this week, shrinking assets to $77.5 billion from $113 billion at year-end.
MicroStrategy shares fell over 10% to $92 as bitcoin losses hit $10.6 billion, prompting CryptoQuant to urge pausing purchases and rebuilding cash reserves to $2.8 billion, dividend obligations $1.2 billion.