Bitcoin price remained under intense pressure as ETF outflows continued and as investors started positioning themselves for the upcoming sales by Strategy. The BTC/USD pair was trading at 58,800, down from last month’s high of 67,100. Bitcoin ETF Outflows and Strategy Sales The BTC/USD pair has come under pressure as investors have continued dumping. Data shows that spot Bitcoin ETF outflows have accelerated in the past few months. These funds lost over $2 billion in May followed by over $4.2 billion in June. June was the worst month for these funds since their launch two years ago. At the same time, there is a risk ... (full story)