Bitcoin has fallen back below the symbolic $80,000 threshold, trading at around $79,750, a decline of less than 1% over twenty-four hours. Liquidations reached $140.7 million across the entire cryptocurrency market, including $34.5 million in Bitcoin liquidations, affecting 65,718 traders, more than 54% of whom held long positions. This hesitation follows net outflows of $772 million recorded on Thursday and Friday from US spot Bitcoin ETFs, despite inflows returning at $110 million on Monday. Rate decisions from the Federal Reserve, the European Central Bank and the Bank of Japan, along with upcoming US GDP and PCE inflation data, are adding to the uncertainty weighing on the market.
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