Daily Briefing

Bitcoin fell to its lowest since March near $65,400 before steadying around $67,000, down 9.5% on the week, as spot ETFs bled another $519M and fear hit extremes. Citi argued the real problem isn't Strategy's sale but missing fresh demand and a fading US market-structure bill.

Bitcoin broke below $63,000 on Thursday for the first time since February, dipping under $62,000 before steadying near $64,000, as spot ETFs logged a record 13th straight outflow day and over $1.5B in longs were liquidated. A fading momentum trade, not Saylor.

Bitcoin lost $70,000 for the first time since April, falling near 6% as an eleventh straight day of ETF outflows, Strategy's first BTC sale since 2022, and a fresh Mt. Gox transfer erased about $110B from crypto. Oil eased on US-Iran peace signals, but crypto didn't follow.

Bitcoin idled near $73,800 on a quiet Sunday, pinned below its 50-day average with sentiment stuck in Fear as a record spot-ETF outflow streak set the tone. Solana's SIMD-547 burn proposal drew founder backing while capital kept rotating out of BTC into XRP, SOL and HYPE.

Bitcoin opened June below $72K and sealed its third red month of 2026 as Strategy disclosed its first BTC sale in nearly four years, stalled US-Iran talks pushed oil back above $93, and a record ETF outflow streak fed a long-liquidation cascade into Extreme Fear.

Bitcoin held $73.4K under $74K resistance Saturday as US spot ETF outflows hit ten straight days totaling $2.96B. Treasury seized roughly $1B in Iranian crypto under Operation Economic Fury as the 60-day US-Iran ceasefire framework publicly collapsed.