Jun 08, 2026

Crypto Selloff Explained: Leverage, ETF Outflows, and Macro Pressure Hit at Once

TLDR: Bitcoin dropped from roughly $82,000 to the low-$60,000 range amid broad market selling pressure.  The crypto market has corrected nearly 53% from its peak as fear overtook sentiment rapidly. ETF outflows, Mt. Gox transfers, and macro uncertainty converged to trigger the sharp decline.  Analysts say the selloff reflects a leverage and sentiment reset, not [...]

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