Bitcoin
Affairs
 
No. 035  ·  29 Jun 2026
 
MARKET SNAPSHOT
BTC / USD
$60,093 		  24H CHANGE
+0.4%
 
ALL-TIME HIGH
$124,749 		  FROM ATH
-51.8%
◎
 NEWS
4 STORIES TODAY
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U.S. and Iran pause strikes, reviving fragile Hormuz diplomacy and easing oil
Washington and Tehran agreed to halt attacks for now, allow vessels to move through the Strait of Hormuz and continue talks, after a weekend flare-up threatened the latest ceasefire. Oil gave back part of its early jump, but the episode keeps energy inflation and geopolitical risk firmly in Bitcoin’s macro backdrop.
Geopolitics  Macro
U.S. spot bitcoin ETFs head for their worst month since launch
Investors have pulled about $4.06 billion from U.S.-listed spot bitcoin ETFs in June, the largest monthly redemption since the products began trading. Another $1.79 billion left last week alone, reinforcing how ETF demand has turned from a stabilizer into a clear headwind for BTC into quarter-end.
ETF
Crowded dollar and Treasury bets set up Bitcoin’s next macro test
CoinDesk says record-long dollar positioning and record SOFR shorts have made the hawkish rates trade unusually crowded just ahead of key U.S. jobs data. That creates room for a sharp Bitcoin rebound if payrolls or oil soften, even after BTC closed the week below its 200-week average for the first time since early 2023.
Fed  Rates  Macro
South Korea’s $518 billion AI chip plan deepens crypto’s capital drought
Samsung and SK Hynix plan roughly $518 billion of spending on four new chip plants to double South Korea’s DRAM output within five years. The scale of the AI buildout is another sign that global risk capital is still choosing semis and compute over crypto, even as miners and other digital-asset firms chase adjacent AI demand.
Macro
≡
 COMMENTARY
VOICE FROM THE NETWORK
Cointelegraph
@Cointelegraph
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⚡ LATEST: Fidelity says Bitcoin's security model remains strong despite shrinking mining rewards after halvings. https://t.co/uxQcmUPINo
 
 
 
 
 
42 reposts    69 replies    344 likes
Rand Group
@randgroup
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💥 JUST IN: 82% of all Bitcoin now sits frozen in long term wallets, a record high. https://t.co/RfsHi0QVSM
 
 
 
 
39 reposts    27 replies    196 likes
Barchart
@Barchart
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Investors are dumping Gold and Bitcoin, and chasing Semiconductor Stocks 🤯 👀 Probably Fine? https://t.co/VgaLQ3OzoZ
 
 
 
 
56 reposts    34 replies    372 likes
Barchart
@Barchart
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Investors have withdrawn $4.1 Billion from Bitcoin $BTC ETFs this month, the largest monthly outflow in history 🚨 🚨 https://t.co/5xyWGhO82C
 
 
 
 
24 reposts    17 replies    129 likes
Killa
@KillaXBT
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Looks like $BTC has flushed out a lot of low leverage longs, while low leverage short liquidations are now appearing between $63K–$67K.

Wouldn't be surprised to see BTC run those highs next.

The market's main objective is simple... hunt liquidity. https://t.co/lMyFQgyY7L
 
 
 
 
116 reposts    88 replies    1.3K likes