What pushed Bitcoin toward $60,000 today?

ETF outflows reduced net demand, and risk-off flows favored cash and precious metals. Higher real rates and a firmer USD added pressure. Together, these drivers weakened liquidity and made the bitcoin kurs dollar more vulnerable to quick drops when sell orders hit thinner books.

How do Bitcoin ETF outflows impact price?

When spot ETFs see redemptions, market makers often sell spot or hedge with futures. That can pressure the bitcoin kurs dollar, especially in thin markets. If outflows persist, rebounds tend to fade faster, and downside gaps become more likely during US trading hours.

What does Michael Burry’s warning imply for investors?

Burry flagged a potential death spiral if leverage and outflows reinforce each other. For the bitcoin kurs dollar, that means elevated gap risk and sharper liquidation cascades. Investors should tighten risk controls, use staged entries, and avoid oversized positions during weak liquidity.

Which levels matter most right now?

$60,000 is a key psychological area. A firm break can open space toward the low $50,000s, while recoveries face supply near recent breakdown zones. For the bitcoin kurs dollar, watch whether retests hold or fail, and monitor funding rates, basis, and order book depth.

How should Swiss investors handle CHF and USD exposure?

The core market quotes in USD, so CHF-based investors face FX swings on top of crypto moves. For the bitcoin kurs dollar, consider CHF cash buffers, compare total costs, and use limit orders during liquid sessions. Review execution windows that overlap with US hours for better depth.

Global Market Insights

BTCUSD Today, February 07: Crash to $60K, ETF Outflows and Burry Alarm

ByDanny Kontos February 7, 2026February 7, 2026

The bitcoin kurs dollar slid toward $60,000 today as risk appetite weakened and outflows from spot Bitcoin ETFs pressured prices. The BTCUSD pair faced a sharp drawdown while investors rotated to cash and precious metals. Michael Burry warned of a death spiral risk, adding to fragile sentiment. In Switzerland, we see CHF-based investors focusing on liquidity, spreads, and funding costs. Raiffeisen’s CIO also noted scope for sub-$50,000 this year, keeping dip-buying cautious rather than aggressive.