Bitcoin dips under 60000 as 1.48B liquidations hit and US spot ETF outflows reach 469.08M

Bitcoin fell below 60000 on June 25, sliding to about 59400 after an intraday low near 58000. CoinGlass reported 1.48 billion in liquidations over 24 hours, including 1.21 billion in longs. SoSoValue data showed 469.08 million in net outflows from US spot Bitcoin ETFs on June 24, cutting total net assets to 73.87 billion.