MarketPR
Bitcoin dropped 16 percent in its worst weekly performance since the FTX collapse, pushing $BTC below $60,000 as more than $136 million in Bitcoin positions were forcibly closed.
Geopolitical tensions and continuous outflows from spot Bitcoin ETFs amplified the bearish sentiment. The pairing of macro headwinds and forced selling compressed price action across the week.
The Liquidation Mechanism When leveraged longs get margin-called, the effect is mechanical: automated sell orders push the price lower, additional positions breach their thresholds, and the cycle continues until the book is cleared.
That feedback loop produced over $136 million in Bitcoin liquidations as $BTC crossed under $60,000.
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