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Bitcoin Hits Six-Month Low as ETF Outflows and Liquidations Deepen Crypto Selloff

Sliding odds of a Fed rate cut weakened risk appetite, producing extreme fear readings alongside a bearish death‑cross signal.

Overview

  • Bitcoin briefly fell to about $93,000, its lowest level since spring, before stabilizing near the mid‑$90,000s in early Monday trade.
  • U.S. spot Bitcoin ETFs recorded a third straight week of redemptions, with roughly $1.11 billion pulled last week and more than $2.3 billion over the past two weeks.
  • Roughly $565 million in crypto positions were liquidated in 24 hours, including about $243 million in Bitcoin futures, intensifying downside moves.
  • The Crypto Fear & Greed Index dropped to 9, signaling extreme fear, as Bitcoin confirmed a daily death cross and traders watched support around $93,000–$95,000.
  • XRP’s new U.S. spot ETF from Canary posted $58.6 million in first‑day volume and about $248 million in assets, yet the token slipped near $2.22 as on‑chain data showed whales moving roughly 200 million XRP and longs suffered heavy liquidations.