Bitcoin Drops Below $60K as ETF Outflows Top $6B in 6 Weeks

Bitcoin broke below the $60,000 line late Tuesday, trading as low as $59,537 before recovering to roughly $61,600, nearly $18,000 under its late-May peak of $77,623. Glassnode's on-chain read frames the slide as a spot-demand failure rather than a leverage flush, with US spot Bitcoin ETFs bleeding…