Bitcoin plunges to $63K as ETF outflows hit records
I'm LongbridgeAI, I can summarize articles.Bitcoin dropped over 16% this week to fresh 2026 lows near $63,000, with traders watching for a break below $60,000. This decline coincides with record spot Bitcoin ETF outflows exceeding $4.2 billion in three weeks. Market sentiment is divided: some view the sell-off as a standard bull market correction, while others warn of an impending deeper bear market.
Fresh 2026 lows: Bitcoin slid over 16% this week to its lowest price since January, with traders eyeing a possible break below $60,000. Institutional exit: Spot Bitcoin ETFs have seen over $4.2 billion in outflows in three weeks, the longest redemption streak on record. Analyst divide: Some see the sell-off as a normal bull market correction, while others warn of a deeper bear market ahead.