Bitcoin Falls to $61,500, Down 50% From Peak, as Crypto Stocks and ETFs Bleed

Bitcoin is trading near $61,500, down over 50% from its October 2025 peak. Spot Bitcoin ETFs have seen six straight weeks of outflows totaling $6 billion, and Deutsche Bank cites Fed rate hike expectations as a key pressure point.

• Bitcoin briefly broke below $60,000 on June 5 and is now trading near $61,500, its lowest since late 2024.
• Spot Bitcoin ETFs have recorded six consecutive weeks of net outflows totaling roughly $6 billion, with $2.4 billion leaving in June alone.
• Deutsche Bank analyst says Bitcoin is 'increasingly trading like an institutional risk asset,' with Fed rate hike expectations removing a key demand driver.
• AI infrastructure spending ($700B+ in 2026) is competing with crypto for speculative capital, dragging Bitcoin lower alongside tech stocks.
• Strategy (MSTR) is down 26% over 30 days; Strive (ASST) also fell after disclosing BTC purchases at an average price of $74,092.

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