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Bitcoin dips near $58K despite strong equities and easing Treasury yields, driven by crypto-specific selling.

Market News
01 Jul 2026
Bitcoin
View Source
Bearish
pluang ai news

Bitcoin fell back toward $58,000 even as traditional markets like U.S. equities hit record highs and Treasury yields eased, showing a rare disconnect. Analysts attribute this to ongoing institutional outflows, mechanical selling, and negative options positioning within the crypto market, rather than broader economic factors. Key support is seen around the $53,000 realized price, with future stability depending on ETF flows, Strategy sales, and futures activity. The market remains cautious as Bitcoin behaves less like a typical risk asset amid steady selling pressure.

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