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Bitcoin Breaks $60K as Glassnode Data Shows Weak Buyer Conviction

2026-06-26 00:20:36

Bitcoin traded at $59,537 last night after breaking below $60,000, while Glassnode framed the move as a demand failure. US spot Bitcoin ETFs recorded six consecutive weeks of outflows totaling roughly $6 billion. Glassnode placed Bitcoin’s True Market Mean at $77,000, about 23% above current prices.

BTC-3.81%

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