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The Nexus
BUSINESSJun 24 · 18:37 UTCBITCOIN MAGAZINEMicah Zimmerman

Bitcoin Price Collapses to $59,000 — and the Worst May Not Be Over

Bitcoin price fell to $59,566, down over 10% in 24 hours and 53% from its all-time high. The decline was driven by ETF outflows, Federal Reserve rate uncertainty, and corporate Bitcoin sales, though some ETF inflows and institutional purchases emerged as potential stabilizing factors.

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BitcointopicBlackRockorganizationFidelityorganizationARK 21SharesorganizationFederal ReserveorganizationStrategyorganizationStandard CharteredorganizationGeoffrey Kendrickperson
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