Bitcoin bears are out in force with BTC price trajectory quickly headed back to $60,000.
Bitcoin (BTC) hit two-week lows around the April 30 Wall Street open after new spot price exchange-traded funds (ETFs) disappointed.
Data from Cointelegraph Markets Pro and TradingView tracked a precipitous drop on BTC/USD after the Asia trading session, with the pair losing $61,000 support.
Liquidations quickly mounted across crypto, totaling $275 million over 24 hours, per data from monitoring resource CoinGlass.