Crypto slide deepens as spot Bitcoin ETFs see $4.4B outflows and $1.3B liquidations

Over the past three weeks, Bitcoin's institutional demand weakened as U.S. spot Bitcoin ETFs posted about $4.4B in outflows across a 13-session streak, with BlackRock's IBIT exceeding $3.3B. As outflows grew, BTC broke the $80,000-$82,000 area and later moved toward $60,000, while the total crypto market cap fell roughly 15% over the past week to $2.08 trillion. The downturn was amplified by derivatives deleveraging, with more than $1.3B liquidated in 24 hours, including over $1B in long positions.