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Bitcoin’s Slow Downturn, Not a Crash | Business and Finance News

Bitcoin’s Slow Downturn, Not a Crash | Business and Finance News

Published 2 days, 8 hours ago
Description

Bitcoin just dipped below $60K — its worst month since June 2022 — as the crypto market tanks while the S&P 500 climbs. Unlike past crashes, this downturn is quieter, with selling concentrated in crypto ETFs, pulling out $4.1B in June alone. Analysts warn the real bottom could come in September or October, with prices possibly settling in the $40K–$45K range. This isn’t a dramatic implosion — just a slow bleed, keeping the storm contained for now.

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