After Its Toughest Month in Two Years This Digital Asset Faces an Uncertain Path Ahead

US spot Bitcoin ETFs saw $4.5 billion in net outflows in June, their worst month since launching in January 2024. Bitcoin slid 20.48% and hit a 21-month low of $58,190 on July 1. Citigroup cut its 12-month Bitcoin target to $82,000 from $112,000. Leveraged futures open interest fell from about $31.3 billion.