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Bitcoin price hits 2026 low near $60K amid BlackRock ETF inflows signaling potential rebound.

Market News
13 Jun 2026
Forbes
View Source
Bullish
pluang ai news

Bitcoin's price has dropped to a 2026 low just under $60,000, down 53% from its October peak of $126,000, amid market volatility triggered by SpaceX's IPO and a prolonged sell-off in bitcoin ETFs. However, optimism is growing as BlackRock's $50 billion bitcoin ETF attracted nearly $58 million in inflows, marking a reversal from months of outflows. Experts suggest this inflow, combined with falling oil prices and renewed buying by major holders like Michael Saylor's Strategy, could signal the end of bitcoin's price winter and the start of a recovery. The crypto market is seen as more mature now, supported by institutional frameworks and regulatory progress, which may help stabilize prices going forward.

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