Bitcoin Falls Further as ETF Outflow Surges to Nearly $500M
Dow Jones06-25 23:10
1110 ET - Weakness in bitcoin continues, with the cryptocurrency dipping to as low as $58,300 earlier today before rebounding back towards $60,000. It's currently down 2% at $59,687, according to LSEG data. On Wednesday, net outflows from bitcoin ETFs surged to $469 million from $113.8 million the day prior, according to data from CoinGlass. The crypto analytics platform also says $660.5 million of liquidations occurred in the past 24 hours, with roughly $541 million of that being in long positions. Ethereum is down 2.6% to $1,569, and XRP is off 3.5% to $1.03. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
June 25, 2026 11:10 ET (15:10 GMT)
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