{"id":74798,"date":"2026-07-01T09:13:35","date_gmt":"2026-07-01T09:13:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-falls-below-58000-as-quarter-end-selling-and-strategy-jitters-deepen-2026-losses\/"},"modified":"2026-07-01T09:13:35","modified_gmt":"2026-07-01T09:13:35","slug":"bitcoin-falls-below-58000-as-quarter-end-selling-and-strategy-jitters-deepen-2026-losses","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-falls-below-58000-as-quarter-end-selling-and-strategy-jitters-deepen-2026-losses\/","title":{"rendered":"Bitcoin Falls Below $58,000 as Quarter-End Selling and Strategy Jitters Deepen 2026 Losses"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin fell below $58,000 on June 30, its first trip under $60,000 since 2024, extending 2026 losses to 34%.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">A Strategy financing overhaul, $950 million Mt. Gox wallet move, plus continued ETF outflows have fueled the drop.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Third-quarter direction hinges on whether spot demand stabilizes.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>A Brutal June Caps a Losing Half-Year<\/h2>\n<p> <span>Bitcoin<\/span> entered June trading above $73,500 and <a href=\"https:\/\/news.bitcoin.com\/bitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34\/\">shed more than 20%<\/a> over the month. It closed yesterday at $58,400, leaving its 2026 losses at 34% and its market capitalization below $1.2 trillion. The drop marked the first time <span>bitcoin<\/span> had traded <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-30\/bitcoin-slides-below-60-000-as-strategy-selloff-refuels-anxiety\" target=\"_blank\" rel=\"noopener noreferrer\">under $60,000 since 2024<\/a>, and it sits roughly 50% below the $126,000 all-time high (ATH) set in early October 2025.<\/p>\n<p>Over the preceding 24 hours, forced selling wiped out about $91.5 million in long positions against just $12.7 million in shorts, a lopsided ratio revealing just how heavily traders had bet on a rebound.<\/p>\n<figure id=\"attachment_827588\" aria-describedby=\"caption-attachment-827588\" style=\"width:600px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-827588\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p>Much of Tuesday\u2019s selling traced back to Strategy Inc. (Nasdaq: MSTR), the largest corporate holder of <span>bitcoin<\/span>. Bloomberg reported that investors <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-30\/bitcoin-slides-below-60-000-as-strategy-selloff-refuels-anxiety\" target=\"_blank\" rel=\"noopener noreferrer\">reversed an initial vote of confidence<\/a> in a financing overhaul led by co-founder Michael Saylor, as attention shifted to the company\u2019s newfound flexibility to sell <span>bitcoin<\/span> and prioritize balance-sheet management over relentless accumulation.<\/p>\n<p>Strategy had earlier disclosed its first-ever sale of the asset, unsettling holders who had long treated the firm as a permanent buyer. Adding to the pressure, spot <span>bitcoin<\/span> exchange-traded funds (ETFs) logged their <a href=\"https:\/\/news.bitcoin.com\/blackrocks-300m-ibit-exit-extends-bitcoin-etf-outflow-streak-to-8-days\/\">eighth straight day of outflows<\/a>, and a wallet linked to the defunct <span>Mt. Gox<\/span> exchange <a href=\"https:\/\/news.bitcoin.com\/mt-gox-moves-953-million-bitcoin\/\">moved roughly $953 million<\/a> in <span>BTC<\/span>, stirring supply fears.<\/p>\n<h2>Macro Headwinds and a Widening Gap With Stocks<\/h2>\n<p>Broader conditions offered little relief as sticky <span>inflation<\/span> and a stronger dollar have pushed expectations for Federal Reserve rate cuts further out, sapping demand for risk assets. The selloff also highlighted <span>crypto<\/span>\u2019s sharp decoupling from equities, with the Nasdaq Composite climbing more than 12% over the same six-month stretch (and 21% over Q2) in which <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> fell by roughly a third.<\/p>\n<figure id=\"attachment_827589\" aria-describedby=\"caption-attachment-827589\" style=\"width:1012px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-827589\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-falls-below-58000-as-quarter-end-selling-and-strategy-jitters-deepen-2026-losses2_nwmk.jpg\" alt=\"Tweet discussing Nasdaq's amazing Q2 performance.\" width=\"1012\" height=\"176\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-falls-below-58000-as-quarter-end-selling-and-strategy-jitters-deepen-2026-losses2_nwmk-300x52.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-falls-below-58000-as-quarter-end-selling-and-strategy-jitters-deepen-2026-losses2_nwmk-768x134.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-falls-below-58000-as-quarter-end-selling-and-strategy-jitters-deepen-2026-losses2_nwmk.jpg 1012w\" sizes=\"auto, (max-width: 1012px) 100vw, 1012px\"\/><figcaption id=\"caption-attachment-827589\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p>The total <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> economy ended June just above $2.1 trillion, down from a peak of $4.3 trillion in early October 2025. The reversal has been swift and broad, with few corners of the market spared as <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-leverage-in-crypto-trading\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">leverage<\/a> unwound and buyers stepped back.<\/p>\n<p>Analysts remain divided on what comes next as some believe a pullback and stretched <a href=\"http:\/\/www.bitcoin.com\/get-started\/bull-market-vs-bear-market\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bearish<\/a> positioning have historically preceded rebounds, while bears note that persistent ETF outflows and Strategy\u2019s mixed accumulation\/selling signals have eliminated two of the market\u2019s most reliable sources of demand.<\/p>\n<div class=\"not-prose my-3 lg:my-4\"><a aria-label=\"Read Now: Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 flex flex-col md:hidden\" href=\"https:\/\/news.bitcoin.com\/bitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34\/\"><\/p>\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"(max-width: 768px) calc(100vw - 18px)\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-760x428.png&amp;w=1920&amp;q=75\"\/><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">Bitcoin faced significant volatility at the end of June, sliding toward $58,000, erasing recent gains, and putting it on track\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden md:flex md:flex-row md:gap-3 lg:hidden\" href=\"https:\/\/news.bitcoin.com\/bitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">Bitcoin faced significant volatility at the end of June, sliding toward $58,000, erasing recent gains, and putting it on track\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden lg:flex lg:flex-row lg:gap-4\" href=\"https:\/\/news.bitcoin.com\/bitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-sinks-20-in-june-as-traders-dump-longs-and-widen-2026-losses-to-34-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p><h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%<\/h3>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-12 w-[180px] shrink-0\">Read Now<\/span><\/p>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Bitcoin faced significant volatility at the end of June, sliding toward $58,000, erasing recent gains, and putting it on track\u2026<\/p>\n<\/div>\n<p><\/a><\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-falls-below-58000-q2-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin fell below $58,000 on June 30, its first trip under $60,000 since 2024, extending 2026 losses to 34%. A Strategy financing overhaul, $950 million Mt. Gox wallet move, plus continued ETF outflows have fueled the drop. Third-quarter direction hinges on whether spot demand stabilizes. A [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":74799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74798"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74798"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74799"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}