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Bitcoin is weathering its ugliest week in months as narrative fades and liquidity rotates
Bitcoin is experiencing its worst week in months as the market loses its dominant narrative and liquidity shifts into other assets. The cryptocurrency is being pummeled at the start of June due to fading momentum and rotation of funds.
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Adjacent reporting
- Live markets: Bitcoin shrugs off early decline, but two-month winning streak is in jeopardy
- Bitcoin extends losses to the $76,000 level, hitting 2-week low
- Morning Minute: Bitcoin Slides Back to $77K on Rising Bond Yields, Oil Spike
- Spot Bitcoin ETFs Lose $1B in a Week, Ending Six-Week Inflow Streak
- Bitcoin trails stocks by most since 2019 as traders get their kicks elsewhere
- The market definitely feels different this week compared to the last one.