Bitcoin Price Review: June Becomes the Most Bearish Month in Four Years

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CoinWorld News reports that in June, the Bitcoin price fell by about 20%, becoming the most severe month since June 2022, with prices once dropping to $57,735. The start of July has been poor: within the past 24 hours, Bitcoin’s price fell another 1.2%, and as of the time of publication, it was trading at $58,628. Data shows that in June, Bitcoin ETF outflows exceeded $4.5 billion, making it the worst month on record. Weekly redemptions occurred for spot ETFs, and there have been no inflows for the past nine days. President Trump and Vice President Vance disclosed their Bitcoin holdings; Trump holds more than $100 million in Bitcoin and other crypto assets, a development that sparked political discussion. CryptoQuant analyst Xwin Japan noted that despite intensified selling pressure, June was still a period of accumulation for long-term holders, and whale accumulation has remained resilient. The Coinbase Premium Index has continued to stay negative, indicating weak spot demand from U.S. institutions. Many investors believe this could be the final shakeout before the next upswing; although June was a harsh test for Bitcoin believers, key indicators may suggest the cycle low.
BTC3.09%
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BetweenBidAndAsk
· 2h ago
At the 58k level, if it drops another 10%, I'll go all in. This post is my witness.
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MempoolNomad
· 2h ago
Weak spot demand is a fact, but the shakeout targets the weak hands.
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ColdStartUnderTheAurora
· 2h ago
Whales add positions, I add positions, following smart money is always right.
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On-ChainSoilAfterTheRain
· 2h ago
Politicians hold over a hundred million in crypto, this game is getting more and more high-level.
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MintCondition
· 2h ago
The price that can hold steady during the ETF redemption wave, the bottoming characteristics are obvious.
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