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Bitcoin Rebounds to $60K as Soft U.S. Data Eases Rate-Hike Fears

2026-07-01 16:46:17

Bitcoin rebounded 2.8% to around $60,000 Wednesday after hitting $57,779, its lowest level since September 2024. SoSoValue data shows U.S. spot Bitcoin ETFs shed a record $4.5 billion in June. Glassnode data shows long-term holders have returned to accumulation.

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