Bitcoin
Affairs
 
No. 028  ·  23 Jun 2026
 
MARKET SNAPSHOT
BTC / USD
$62,561 		  24H CHANGE
-4.13%
 
ALL-TIME HIGH
$124,749 		  FROM ATH
-49.9%
◎
 NEWS
4 STORIES TODAY
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Tech selloff drags Bitcoin below $63,000 as investors abandon risk
Bitcoin fell below $63,000 as a sharp retreat in technology and semiconductor stocks spread into digital assets. Crypto is increasingly trading alongside the AI-led equity complex, leaving Bitcoin vulnerable when investors reduce exposure to high-growth and speculative assets. Upcoming Micron earnings and U.S. economic data could determine whether the risk-off move deepens or stabilizes.
Macro  Rates
Hawkish rate expectations pressure Bitcoin and global markets
Bitcoin dropped roughly 3% toward $62,500 as investors raised their expectations for U.S. interest-rate increases this year. Higher rates and a stronger dollar typically reduce liquidity and make non-yielding, high-volatility assets less attractive. The decline formed part of a wider global market selloff rather than a crypto-specific shock.
Macro  Rates
Strategy adds 520 bitcoin while lifting dollar reserve to $1.4 billion
Strategy said it sold 2.71 million MSTR shares for $335.5 million, bought 520 BTC for $34.9 million, and increased its USD reserve to $1.4 billion. The filing shows the company is still accumulating bitcoin, but with more emphasis on liquidity and balance-sheet support than on aggressive weekly buying.
Macro
U.S. spot bitcoin ETFs post another daily net outflow on Monday
Farside's June 22 table shows U.S. spot bitcoin ETFs recorded a $68.3 million net outflow, with redemptions from IBIT and GBTC outweighing inflows into FBTC and ARKB. The print keeps institutional demand in focus and suggests the flow picture remains mixed rather than decisively turning positive.
ETF
≡
 COMMENTARY
VOICE FROM THE NETWORK
Frank
@FrankAFetter
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Just 52% of the bitcoin supply is in profit; that’s one standard deviation below the mean. This is stuff you see at bottoms. $BTC https://t.co/8XZym2N84A
 
 
 
 
42 reposts    10 replies    282 likes
Crypto Rover
@cryptorover
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Bitcoin NEVER bottomed above the realized price.

Always BELOW.

Current Realized Price: $53,435. https://t.co/S4A97zDxvc
 
 
 
 
 
81 reposts    91 replies    588 likes
Merlijn The Trader
@MerlijnTrader
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BITCOIN JUST BECAME IMPOSSIBLE TO SHUT OFF!

Jack Dorsey built an app that moves it with zero internet.

Bitchat uses Bluetooth mesh.
You sign offline, it hops phone to phone.

Kill the internet. The money still moves.

Legend! https://t.co/nqdvqVJ6Fu
 
 
 
 
 
 
1.1K reposts    400 replies    10.7K likes
Crypto Rover
@cryptorover
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INSANE: $BTC Long Term holder supply is going parabolic! https://t.co/QDM6vkI0yL
 
 
 
 
 
64 reposts    79 replies    541 likes