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Bitcoin is down 2% over the past 24 hours as rising U.S. Treasury yields put pressure on risk assets; liquidations stand at $361.56 million over the past 24 hours.
Bitcoin ETFs saw $394.7 million in net outflows on Friday, while Ethereum ETFs reported $4.64 million in net inflows.
The total meme coin market capitalization extended declines, with a 3.9% drop to $44.7 billion.
Daan Crypto Trades noted that Bitcoin has fully returned to its $84,000–$94,000 range after failing to sustain a breakout, weakening the short-term setup.
He added that a move below the yearly open still looks likely, as yearly candles rarely form without a lower wick, making a dip feel more like unfinished…
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