Bitcoin is rebounding off the back of a relief rally after hitting some of its most oversold levels ever.

Notable Statistics:

Coinglass data shows 102,093 traders were liquidated in the past 24 hours for $608.09 million.       

SoSoValue data shows net outflows of $325.7 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $4.8 million.

In the past 24 hours, top gainers include Audiera, DeXe and Lighter.

Notable Developments:

Trader Notes:

Crypto Bully explained Bitcoin briefly tapped $60,000, a heavily watched support level, and held firm as short sellers took profits, helping fuel a rebound. Market panic around Strategy’s STRC and fears of…

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