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DeFiSource: Crypto Economy ·

Bitcoin Drops 5% To $69K Amid Concentrated Liquidations And Weak Demand

Price Drop: Bitcoin has fallen 5.6% to just over $69,300 after a concentrated liquidation, hitting a 24-hour low of $67,922. Weak Demand: Analyst Tim Sun cited six days of U.S. Bitcoin ETF outflows, shrinking stablecoin supply, and MSCI removing Strategy as key supports fading.

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