📉 Bitcoin took a tumble below $60,000 today, possibly due to Mt. Gox, the defunct crypto exchange, starting to repay their creditors. That's a whopping $9 billion worth of BTC hitting the market! But don't fret, this might just be a hiccup in Bitcoin's journey to the moon. 🚀

While some investors may be eyeing the exit, the institutional inflows from US spot Bitcoin ETFs could easily absorb this sudden influx. After all, they've already gobbled up over $52.5 billion worth of BTC since launch.

So, hold onto your hats (and your Bitcoins)! This rollercoaster ride isn't over yet. Stay tuned for more updates as this story develops.