Bitcoin Slips Below $60K as Exchange Inflows Signal Rising Sell Pressure

Bitcoin (BTC) retreated to around $59,800 on Thursday, with market sentiment stuck in ‘extreme fear’ as fresh inflows into centralized exchanges pointed to the risk of renewed short-term volatility.

As of 2:34 a.m. ET on June 26, Bitcoin was trading near $59,859, down 2.70% over the prior day. Despite the decline, spot trading activity picked up, with 24-hour volume rising 2.12% to about $43.97 billion—an indication that dip-buying and risk reduction trade flows are both active rather than liquidity simply thinning out.

The latest five-session performance underscored a market struggling to…  Read more

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