June 16, 2025

Bitcoin Rebounds to $57,600 Amidst Largest Losses in Year: Analyst Predicts Extended Recovery Period

1 min read

The recent downturn in cryptocurrency markets has left investors and analysts concerned about the recovery period. On-chain analytics platform Santiment has provided insights into Bitcoin’s recent price movements and the potential timeline for a rebound. An analyst highlighted that the significant drop to $54,000 led to the largest liquidation of bullish futures positions in the

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Source: CoinOtag

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