BTC just had its worst month since June 2022 — is this the bottom or the start of something worse?
Rough few weeks for bitcoin, down roughly 20% for June alone. Spot bitcoin ETFs just posted their worst month on record, with $4.5 billion in net outflows — the steepest since these products launched back in January 2024. Big funds like IBIT have been bleeding hard.
If ETF selling eases up in July, a bounce back toward $65k-$70k isn’t out of the question.
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from Bitcoin - The Currency of the Internet https://ift.tt/DGlWTCK
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