Bitcoin is facing one of its toughest weeks of 2026 as heavy ETF outflows, institutional selling, and capital rotation into AI stocks continue to pressure the market. BTC briefly fell below the $60,000 level, triggering widespread fear across crypto markets.
📉 Market Highlights: ✅ BTC dropped below $60K intraday
❌ 13 consecutive days of ETF outflows
⚡ Billions wiped from crypto markets
⚡ Today's Key News: • Bitcoin fell to its lowest level since 2024, touching around $59,100 during today's selloff.
• U.S. Spot Bitcoin ETFs have now recorded 13 straight days of outflows, with more than $4.4 billion leaving crypto ETFs since mid-May.
• Investors are increasingly moving money into AI stocks and major IPOs, reducing demand for Bitcoin and other cryptocurrencies.
• The market has also been hit by massive liquidations, with over $1.6 billion in crypto positions wiped out during the recent crash.
🎯 What's Next? Traders are closely watching the $60K support zone. If BTC reclaims higher levels, a relief rally could follow. But continued ETF outflows may keep pressure on the market in the short term.
💬 Is this panic selling or the best Bitcoin accumulation opportunity of 2026? 🚀
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