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Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?

Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?

Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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