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Bitcoin extends losses as margin data flags capitulation risk
Bitcoin weakened further as margin indicators signaled capitulation risk, while ICICI Prudential Mutual Fund reopened select international schemes with capped investments.
Bitcoin extended losses as BTC-USD slipped further, with margin long positions pointing to rising capitulation risk. Analysts flagged leverage unwinding and fragile sentiment amid persistent crypto volatility. Traders watched for stabilization signals as selling pressure continued. Separately, ICICI Prudential Mutual Fund resumed subscriptions in three international schemes, capping investments at ₹2 lakh per PAN to manage inflows while ensuring compliance with overseas investment limits globally.