Bitcoin traded relatively flat near $66,000 as market sentiment remained cautious, weighed down by persistent fear and continued outflows from spot Bitcoin exchange-traded funds (ETFs).

Notable Statistics:

Coinglass data shows 100,975 traders were liquidated in the past 24 hours for $432.91 million.       

SoSoValue data shows net outflows of $225.5 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $48.5 million.

In the past 24 hours, top losers include Midnight, Hyperliquid and Bittensor.

Notable Developments:

Trader Notes:

Trader Michael van de Poppe said that despite a modest short-term bounce, Bitcoin’s broader trajectory remains downward. He…

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