Bitcoin Slides to $60K, Down 50% From $126K Peak; $1.72B ETF Outflows Hit 18-Month High

According to Bitcoin.com News, Bitcoin trades near $60,000 in late June 2026, down more than 50% from its 2025 high of approximately $126,000. BlackRock's IBIT-led spot Bitcoin ETFs experienced significant outflows, with one week seeing $1.72 billion in net redemptions—the largest weekly outflow since early 2025.

A proposed August 2026 Bitcoin hard fork by developer Paul Sztorc could generate short-term buying pressure, as the event includes a 1:1 airdrop to all Bitcoin holders at the time of the chain split. Traders typically accumulate BTC ahead of such snapshot events, similar to dynamics seen before prior fork occurrences.