On July 1, 2026, Bitcoin (BTC) has been oscillating in the $58.7k–$59.3k range, currently trading at about $59.0k (≈ 425k RMB). Over the past 24 hours, it is down slightly by about 0.5%–1%. In the early session, it once briefly fell to $57.7k, the lowest level in nearly 21 months. Its market cap is about $1.18 trillion, and the Fear & Greed Index is 16–18 (extreme fear). It is being pressured in the short term by continued net outflows from ETFs and hawkish expectations from the Federal Reserve. In the near term, watch the $58k support and the $60k resistance.