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Bitcoin CRASHES Below $62K On Worst ETF Streak Ever – Matt Hougan
Bitcoin just crashed below $62,000 as crypto markets have officially erased over $2 trillion from their October 2025 peak — a 48% drawdown — while $1.5 billion in leveraged longs got wiped out and Bitcoin ETFs extended their outflow streak to 12 consecutive days, totaling $4 billion in the longest stretch of withdrawals in ETF history. Add Treasury Secretary Scott Bessent confirming the U.S. will NOT buy Bitcoin on the open market (the Strategic Reserve grows only at "deliberate speed" through confiscations), Sanders, Warren, and Bobby Scott moving to block Trump's plan to add crypto to…
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