Bitcoin2026-06-27 12:31:20Bitcoin Drops Below $60K to 20-Month Low: ETF Outflows and Rate Hike Expectations Drive SelloffBitcoin fell below the key $60,000 support on Wednesday, touching a low of $59,023 — its weakest level since October 2024, marking a fresh 20-month low. The decline was driven by the longest net outflow streak in U.S. spot Bitcoin ETF history, with over $5.94 billion exiting in 30 days. BlackRock’s IBIT saw a record single-day outflow of $528 million. On the macro front, stronger-than-expected U.S. job openings data pushed 10-year Treasury yields above 4.45%, reigniting fears of further Fed rate hikes. CME FedWatch now prices a >50% probability of a rate increase by year-end. The combination of institutional capital flight and hawkish policy expectations shattered market confidence, leaving Bitcoin’s defense of the $60K level as a pivotal test for the ongoing bear phase.1430
Bitcoin2026-06-27 01:31:03Bitcoin Breaks Below $60,000 for Third Time This Year: ETF Outflows and Hawkish Fed Weigh HeavilyBitcoin fell below $60,000 intraday, touching a low of $59,023, its lowest level in nearly 20 months. U.S. spot Bitcoin ETFs have recorded net outflows for six consecutive weeks, with cumulative withdrawals of $5.94 billion over the past 30 days, the largest institutional exodus since launch. On the macro front, strong U.S. job openings data have reignited rate hike expectations, reversing the dovish narrative that fueled the 2025 bull run. Market attention now turns to upcoming CPI data; if inflation proves sticky, BTC could face further downside pressure.1320
Bitcoin2026-06-26 20:01:02Bitcoin Breaks Below $60K to 20-Month Low: ETF Outflows and Macro Headwinds CollideBitcoin has fallen below the critical $60,000 support level for the third time this year, dropping to a low of $59,023 — its lowest since October 2024, marking a 20-month trough. Unlike previous brief dips, this decline is fueled by sustained institutional exits and a sharp pivot in macro policy expectations. U.S. spot Bitcoin ETFs have recorded their longest net outflow streak, losing approximately $5.94 billion over 30 days, with BlackRock's IBIT seeing a single-day record outflow of $528 million. Meanwhile, macro pressures mount: U.S. job openings surged to 7.62 million, pushing the 10-year Treasury yield above 4.45%, and Fed officials have signaled possible rate hikes. The reversal of rate-cut expectations undermines the liquidity narrative that powered the 2025 bull market. With ETF flows yet to reverse and fear dominating sentiment, Bitcoin's ability to hold $60K will determine the next phase of the bear market.1260
Ethereum2026-06-03 05:00:50Ethereum Spot ETFs See $90.15M Net Outflow on June 2, Led by BlackRock's ETHAAccording to SoSoValue, Ethereum spot ETFs recorded a total net outflow of $90.15 million on June 2, with BlackRock's ETHA shedding $44.27 million and Grayscale's Mini Trust ETH losing $25.41 million. As of writing, total net assets stand at $10.53 billion, with a cumulative historical net inflow of $11.24 billion.560