Published Jun 26, 2026, 7:24 AM ET · Updated 5 months ago · 1 source
THE BLOCK: Bitcoin fell to as low as $58,000 this week after hot PCE data reinforced the Fed's hawkish stance, while spot BTC ETF outflows extended to a sixth consecutive day ahead of a major quarterly options expiry. Analysts remain divided on whether the cycle bottom is in.
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Original Report
THE BLOCK: Bitcoin fell to as low as $58,000 this week after hot PCE data reinforced the Fed's hawkish stance, while spot BTC ETF outflows extended to a sixth consecutive day ahead of a major quarterly options expiry. Analysts remain divided on whether the cycle bottom is in.