The bulls have been completely washed out, and BTC is back at 61k. This script is all too familiar.

CoinWorld News, as reported by 99Bitcoins, on June 25, the cryptocurrency market dynamics show that Bitcoin (BTC) has rebounded to $61k after falling below $60k yesterday. In the past 24 hours, nearly $1 billion in liquidations occurred in the market, with approximately $780 million coming from long positions. Meanwhile, ETF outflows reached $469 million, the largest single-day outflow this month, with BlackRock's IBIT ETF contributing $239 million. Standard Chartered Bank began covering AAVE, predicting it could reach $3,500 by the end of 2030, believing that the recovery of decentralized finance (DeFi) and the growth of tokenized real-world assets (RWA) will significantly benefit AAVE.