The liquidations keep coming, with more than $1 billion worth of leveraged crypto bets wiped out in the past 24 hours, according to CoinGlass data. Meanwhile, exchange-traded funds investing in Bitcoin saw net outflows of about $870 million on Thursday, the second-largest daily withdrawal since their debut. With key economic data releases delayed, traders are questioning whether the Federal Reserve can justify near-term rate cuts — a reassessment that’s putting fresh pressure on riskier corners of the market.