Bitcoin rebounds to $60,000 but faces structural headwinds from record ETF outflows and weak institutional demand – here's the latest: • U.S. spot Bitcoin ETFsBitcoin rebounds to $60,000 but faces structural headwinds from record ETF outflows and weak institutional demand – here's the latest: • U.S. spot Bitcoin ETFs

Bitcoin (BTC) Daily Market Analysis 02 July 2026

2026/07/02 08:08
1 min read
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Bitcoin (BTC) Daily Market Analysis 02 July 2026

Bitcoin rebounds to $60,000 but faces structural headwinds from record ETF outflows and weak institutional demand – here's the latest: • U.S. spot Bitcoin ETFs saw $4.5 billion in net outflows in June – their worst month since launch (January 2024) • Citi cut its 12-month Bitcoin target to $82,000 from $112,000, citing negative ETF flows • EU's MiCA transition period ended 1 July 2026, adding regulatory clarity for European institutions • Short liquidations hit $79.92 million in 24 hours (85.6% of total), signaling a short squeeze • Bitcoin holds near $60,000 with critical support at $57,700-$58,000 – a break could trigger further downside

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