<ul><li>Bitcoin dipped to $58.9K, reaching a 3-week low, but traders view it as a buying opportunity.</li><li>Long liquidations totaled $290 million, the largest since June 2022, signaling a market reset.</li><li>Despite price fluctuations, Bitcoin network activity remains strong with a 32% increase in transaction fees.</li><li>Bitcoin spot ETFs experienced a net outflow of $121 million, indicating a shift in investor behavior.</li></ul>

Bitcoin Dips To $58.9K, Traders See Opportunity Amidst Market Volatility

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