Bitcoin slides toward $61,000 as profit booking and cautious sentiment weigh on crypto markets

Bitcoin slid toward $61,000, briefly breaching the $60,000 support level amid profit booking and cautious global sentiment, with prices down about 3.82% over the past week. The global crypto market capitalisation fell 1.57% to $2.12 trillion, triggering over $970 million in liquidations, of which $786 million were long positions. Ethereum traded around $1,621, down nearly 5% on the week, while US spot Bitcoin ETFs recorded net outflows of $229.7 million on June 24.