Bitcoin rose toward $60,000 on Friday, recouping some of the decline that began earlier in the week, while Asian equity markets fell. The Kospi index dropped about 8% and the Nikkei fell about 3% after Wall Street shares, including Apple, declined following price increase announcements. Major cryptocurrencies posted a three‑quarter decline. Bitcoin was down roughly 12% for the June quarter, Ether down 25%, XRP down 22% and Solana down 16%. Tether’s USDT briefly overtook ether in fully diluted market value as ether fell 5.5% in the past 24 hours. U.S. spot Bitcoin ETFs recorded $696 million in outflows on Thursday, extending a streak of six consecutive days of net redemptions. Spot Ether ETFs saw $81.9 million in outflows, also the sixth consecutive day, with BlackRock’s IBIT and ETHA leading the withdrawals and Bitwise’s ETHW the only fund to post a small inflow. Liquidations totaled more than $1 billion in the past 24 hours, according to CoinGlass, with long positions accounting for $842 million. The largest single position was a $38 million Bitcoin‑dollar bet on Hyperliquid, and Bitcoin represented $489 million of the total liquidations. Bitcoin traded around $59,800, up about 2.7% from its Thursday low of $58,206, but remained down over 5% for the week and nearly 20% for the month. The quarter‑end options expiry is expected to influence short‑term price direction as traders close or roll positions.