The final week of June continues the negative trend that began in the digital asset market. Major cryptocurrencies are showing no signs of a reversal, and investors are pulling money out of derivatives.
At the time of publication, bitcoin (BTC) trades at roughly $64,100. It has shown no meaningful movement over the past 24 hours and is down about 2.2% on the week. The 24-hour low was $63,221, with a high of $64,712.
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Ethereum (ETH) trades near $1,750, up just less than 1% on the day. The weekly gain stands at 1.6%.
The market got a boost from Michael Saylor’s hint at new Strategy purchases–on the evening of June 21, he posted an updated chart with the caption: “Looks better with more dots.“
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ETF Outflows Are Slowing, but the Trend Remains Negative
US spot bitcoin ETFs recorded their sixth consecutive week of net outflows. Over the past week, investors pulled $227M. Since mid-May, total outflows have exceeded $5.9B. Total net assets in bitcoin funds have shrunk to $78.3B, down from a peak of $169B in October 2025.
Ethereum ETFs lost $10M for the week and $905M over six weeks.
Analysts note that the pace of outflows is slowing–the scale has shrunk, but sustained inflows haven’t appeared yet. Institutional investors remain defensive amid a repricing of Fed rate expectations and a stronger dollar. Easing geopolitical tensions after the US-Iran deal improved risk appetite, but not enough to offset monetary tightening.
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Top Gainers and Losers Among Altcoins
Among the top 10 cryptocurrencies, Tron showed the best daily performance at +1.3%. Solana led for the week at +3.3%. XRP▼$1.14 posted the worst 24-hour result at -1.3%, while BNB▲$593.59 was the weekly laggard at -3.9%.
In the top 100, DeXe led gainers at +16.5%. Jupiter took the bottom spot at -6.3%.
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Long-Term Holders Are Buying the Dip
Despite the gloomy headlines, the most resilient investor group–long-term holders–is increasing its positions. The net position change for long-term holders fell to a low of about 30,885 BTC on June 11 but more than doubled to 79,298 BTC by June 21. That means experienced players are buying on weakness, not fleeing.
The liquidation map shows shorts outnumbering longs–a potential short squeeze could provide an upward catalyst.
XS.com analysts expect the $60K-$67K range to hold in the near term. The market is balanced between supportive and restrictive forces: easing ETF selling and improving sentiment on one side, versus hawkish Fed rhetoric and a lack of confirmed institutional demand on the other.
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