Bitcoin Clings to $60K as ETFs Bleed $1.2B | Ripple CEO SLAMS Saylor's Strategy
Bitcoin is fighting to hold $60,000 after slipping below it amid heavy institutional selling. US spot Bitcoin ETFs saw roughly $696 million in net outflows on June 26th — pushing the weekly total past $1.2 billion and fueling massive liquidations across derivatives platforms.
Ripple CEO Brad Garlinghouse fired back at Michael Saylor and Strategy, calling the leveraged Bitcoin model a "damning indictment" of the market. And Coinbase's Base layer-two network stalled for two hours, halting block production.
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Disclaimer: Not a licensed financial advisor. Educational purposes only, not financial advice. Crypto is volatile — never invest more than you can afford to lose. Do your own research.
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