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Bitcoin Bitcoin Share: 58.39%
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Bitcoin.com
February 6, 2026 3:15 PM UTC

86% Long Liquidation Wave Exposes Bitcoin’s Breakdown Below $68K as ETF Pressure Builds

86% Long Liquidation Wave Exposes Bitcoin’s Breakdown Below $68K as ETF Pressure Builds

Bitcoin’s slide toward $68,000 on Tuesday reflected a sharp risk-off reset as exchange-traded fund (ETF) redemptions, Strategy’s rare bitcoin sale, and a heavy derivatives flush hit traders at the same time. Market data placed bitcoin’s low at $67,521 on Bitstamp’s one-hour chart as of June 2, with the asset falling from the roughly $73,900 area

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