📉 Bitcoin's price dipped below $61,000 amidst a market-wide crypto sell-off. Over $320 million in total liquidations occurred within 24 hours, with BTC, Ethereum, Solana, BNB, and XRP all taking hits. 📊

The bearish trend was triggered by news of the Mt. Gox trustee's plan to start repayments for creditors in July, causing fears of a potential sell-off. A significant sell-off by a wallet linked to the German government also added to the downward pressure.

What are your thoughts on this market trend? Share in the comments! 👇💬