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Bitcoin faces further decline as U.S. selling pressure and global liquidity issues persist.

Market News
10 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin is currently trading between $59,000 and $63,000, with weak momentum for a rebound. Data shows Bitcoin's market cap relative to global money supply (M2) suggests it may drop further before stabilizing. U.S. investors have sold over $5.5 billion in Bitcoin via ETFs since mid-May, pushing prices down from $79,146 to around $62,089. Rising Bitcoin reserves on exchanges and global economic tensions add to the bearish outlook, indicating more downside risk before a potential recovery.

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