Bitcoin price (BTC) fell to $69,000, leading to a liquidation of $450 million.

In the meantime, Bitcoin bulls may be scratching their heads over what it would take for a true bullish breakout to occur. Spot ETFs on Thursday completed their 18th straight day of inflows, a level not even achieved during the frenzied price increases in February and March. For 18 consecutive days, the ETF has accumulated more than 56,000 bitcoins, nearly seven times the amount of bitcoin mined during that period, according to HODL Capital.