MarketPR
$BTC slipped below $60,000 before finding support in a $62,000–$63,000 trading band, as broad selling pressure gripped the digital asset market.
Technical readings flagged oversold conditions even as Metaplanet signaled it was weighing a buyback of its holdings.
Spot Bitcoin ETF outflows reached $2.97 billion, marking a significant institutional withdrawal from the asset class.
Selling Pressure Forces a Test of Support Bitcoin's slide beneath $60,000 represented a meaningful technical breach before buyers stepped in to stabilize the price.
Keep reading