U.S.-listed spot bitcoin ETFs experienced a record $4.06 billion in net outflows in June, the largest monthly redemption since their inception. This trend defies earlier expectations of increased demand following SpaceX's IPO. The outflows follow $2.43 billion in redemptions in May, totaling nearly $6.5 billion over two months, contributing to bitcoin's roughly 30% price decline in the first half of 2026. The drop in institutional demand is also reflected in the 45% plunge of bitcoin-related stocks like Strategy (MSTR).
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Solana (SOL) has shown resilience amid a weak broader crypto market by holding a critical support zone around $63 to $65. Despite trading below key moving averages and a generally bearish long-term trend, SOL has stabilized near its 50-day EMA at $72...
Bitcoin is facing heavy selling pressure and remains below the crucial $60,000 resistance level after breaking a key ascending trendline. Technical indicators such as moving averages and RSI signal continued bearish momentum, with Bitcoin trading bel...
