60k Bitcoin is coming and consolidation at $75k proves it and here’s why👇

$500 BILLION has been wiped out from

the crypto market, and $5 BILLION worth of leveraged longs and shorts were liquidated in the last 3 days.

Bitc0in is down -13% and has wiped out nearly $265 billion from its market cap.

ETH has dumped -25 % and erased $91 billion from its market cap.

The XRP has fallen -22 % and erased $24 billion.

S0L crashed more than -23% and wiped out $16 billion.

Macroeconomic headwinds continue to weigh on crypto markets. A partial government shutdown, which began over the weekend, has heightened market tensions as lawmakers await a Monday vote, while a new 50% tariff on Canada stirs trade worries.

The Fed's decision to pause interest rate cuts this week, along with the nomination of Kevin Warsh, has kept investors cautious despite Trump's push for more aggressive easing.

Institutional sentiment has also weakened. US-listed spot Bitc0in ETFs recorded $1.5 billion in outflows for the week, with BlackRock’s IBIT posting a record single-day loss of $528 million on Friday, the largest since its launch