On July 1, ADP reported that U.S. private-sector employers added 98,000 jobs in June, below the 110,000 forecast and the lowest level in about six months. Nearly half of the gains came from education and health services, while leisure and hospitality added just 2,000 jobs. Even with the weaker print, the 10-year Treasury yield climbed to 4.38% and markets priced a 33.7% chance of a Federal Reserve rate hike at the July meeting. Bitcoin fell to $58,773 and was down more than 17% over the past month, while U.S.-listed spot Bitcoin ETFs saw $4.5 billion of net outflows in June, according to SoSo Value.

Bitcoin (BTC) saw a steep drop in millionaire wallet addresses in the first half of 2026, as price declines pushed many wallets below the $1 million mark. Between January 1 and June 30, 2026, the number of Bitcoin addresses holding at least $1 million fell from 148,084 to 121,431, a decline of 26,653 addresses, or 18%, according to Finbold’s H1 2026 Cryptocurrency Market Report. The biggest contraction was among addresses holding $1 million to $10 million, which fell by 23,727 to 107,989.

Bitcoin slipped below $58,000 on June 30, capping what it described as its worst quarter in years. Quarter-end selling, ongoing spot bitcoin ETF outflows and renewed concerns over Strategy Inc.’s shift weighed on the token. The move left bitcoin down 34% year to date.

Bitcoin spot ETFs recorded net outflows every week and every day throughout June. The streak highlighted persistent redemptions and contributed to a weaker market tone over the month.

U.S. spot bitcoin ETFs saw a record $4.5 billion in net outflows in June, marking their worst month since launching in January 2024. The previous monthly record was $3.48 billion in February 2025, meaning June exceeded it by 29%. The slump underscores the volatility facing crypto-linked funds as investors and managers contend with shifting market conditions and regulatory uncertainty, live markets reported.

The U.S. to The Rest Reserve Ratio has fallen to 1.59. The metric compares Bitcoin held by U.S. entities with holdings in the rest of the world.

Strategy authorized bitcoin sales of up to $1.25 billion on June 29, 2026, marking the end of four years of an absolute “never sell” stance. The decision was formalized under a Digital Credit Capital Framework and signals a shift in how Michael Saylor’s firm plans to manage its balance sheet. The move came as mNAV fell below 1.0x, pressuring the company’s long-running treasury model.

Bitcoin (BTC) hit a 21-month low of $57,742 as persistent spot ETF outflows and a hawkish Federal Reserve outlook triggered widespread long liquidations. While macro headwinds keep bearish pressure high, historic green July patterns and extreme oversold technicals suggest a tactical relief bounce toward $60,600 is building.