
On June 11, 2024, Bitcoin has fallen below $67,000, experiencing a significant drop from its previous value of $68,000. The decline in Bitcoin's value occurred during the European morning and was influenced by $65 million worth of ETF outflows on Monday. Additionally, the cryptocurrency market saw the liquidation of more than 75,000 traders, amounting to $250 million in leveraged positions. The sell-off also affected other assets, with GameStop (GME) shares falling by 12%, dragging some meme tokens down. Market participants are now looking ahead to tomorrow's CPI report and the FOMC meeting, which are expected to be key for the markets.
Bitcoin Shudders Below $67,000, More Than 75K Traders Liquidated Amid Market Decline https://t.co/LbjQnB4vTC
#Bitcoin tumbled to $66K as the crypto sell-off liquidated $250 million of leveraged positions; Tomorrow's CPI report, FOMC will be key for markets. @sndr_krisztian reports https://t.co/L2XoG7r7JM
#Bitcoin Falls Below $67K, More Than 75K Traders Liquidated Amid Market Decline https://t.co/LbjQnB4vTC




