#𝙗𝙩𝙘 News Today - June 27, 2026* 🪙
*Price*: Bitcoin is at *$60,091.55* right now, up 0.27% in the last 24h but down 5.10% over the past 7 days. It slipped below $60,000 earlier this week after hitting a weekly high of $65,432.04 on June 22. bbf6
*What's driving it down:*
- *ETF outflows*: U.S. spot Bitcoin ETFs saw $469M in outflows on June 25 and $696.3M on June 26, the biggest single-day pull this month. Over the week, ETFs had more than $1.2B in outflows total.
- *Liquidations + risk-off*: Leveraged positions got unwound as institutional demand turned negative.
- *Macro pressure*: Fed rate hike fears + hot PCE inflation data are making non-yielding assets like BTC less attractive. bbf69901
*Key level to watch*: $59,000 has become strong support after BTC bounced from near there twice this month. If that breaks, traders are watching $54K downside vs a squeeze toward $BTC
*Price*: Bitcoin is at *$60,091.55* right now, up 0.27% in the last 24h but down 5.10% over the past 7 days. It slipped below $60,000 earlier this week after hitting a weekly high of $65,432.04 on June 22. bbf6
*What's driving it down:*
- *ETF outflows*: U.S. spot Bitcoin ETFs saw $469M in outflows on June 25 and $696.3M on June 26, the biggest single-day pull this month. Over the week, ETFs had more than $1.2B in outflows total.
- *Liquidations + risk-off*: Leveraged positions got unwound as institutional demand turned negative.
- *Macro pressure*: Fed rate hike fears + hot PCE inflation data are making non-yielding assets like BTC less attractive. bbf69901
*Key level to watch*: $59,000 has become strong support after BTC bounced from near there twice this month. If that breaks, traders are watching $54K downside vs a squeeze toward $BTC