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Bitcoin and Ether hit 2026 lows amid tech selloff and inflation fears, with ETF outflows and Strategy's losses weighing on crypto.

Market News
28 Jun 2026, 18:15 WIB
CoinMarketCap
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Bearish
Bitcoin and Ether hit 2026 lows amid tech selloff and inflation fears, with ETF outflows and Strategy's losses weighing on crypto.

Bitcoin and Ether fell to new lows for 2026 following a broad selloff in tech stocks driven by concerns over AI industry costs and speculative profits. This tech weakness spilled over into crypto markets, with significant ETF outflows exceeding $7 billion in two months and fears about Strategy's $16 billion unrealized Bitcoin losses adding pressure. Inflation data showing a 4.1% rise in PCE inflation has raised expectations of a possible Fed rate hike in July, further dampening risk appetite. Market watchers are closely watching whether ETF outflows slow, the US-Iran peace deal holds, and how Strategy will handle its Bitcoin holdings amid these challenges.

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