Bitcoin falls below $60K as retail traders exit and ETFs see $6.4B outflows amid Fed hawkishness and tech rotation.

Bitcoin fell below $60,000 in June 2026, its lowest level since late 2024, driven by retail traders exiting, $6.4 billion in ETF outflows, and Strategy's first Bitcoin sale since 2022. The sell-off was fueled by the Federal Reserve's hawkish interest rate stance and a shift in investor focus toward AI and tech stocks. Long-term holders realized $2.4 billion in losses, but their capitulation and indicators of easing selling pressure may signal a market bottom.