Published Jun 29, 2026, 7:20 AM ET · Updated 4 months ago · 1 source
THE BLOCK: Bitcoin is clinging to the $60,000 level after another brutal week. U.S. spot bitcoin:native ETF net outflows hit $1.79 billion between June 22 and June 26, one of the highest weekly totals on record. Traders are pricing at least one additional Fed rate hike, and analysts said options traders are piling into puts.
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THE BLOCK: Bitcoin is clinging to the $60,000 level after another brutal week. U.S. spot bitcoin:native ETF net outflows hit $1.79 billion between June 22 and June 26, one of the highest weekly totals on record. Traders are pricing at least one additional Fed rate hike, and analysts said options traders are piling into puts.