BTC Drops to $59,200 Amid ETF Outflows and Hawkish Fed

Bitcoin briefly fell to $59,200 before recovering to around $60,700, as continued spot BTC ETF outflows, the Fed's hawkish stance, and a stronger U.S. dollar kept pressure on crypto markets. The Fear & Greed Index sits at 12, deep in extreme fear, while BTC dominance climbed to 55.9% as altcoins…