Bitcoin’s Cycle Hasn’t Died: It’s Changed Authors
is trading in the low $60,000s this week, roughly half of the all-time high near $128,000 it set last October [1]. U.S. spot Bitcoin ETFs just posted their worst monthly outflow since they launched — around $4.5 billion left the category in June alone [2]. By most measures, that should read as capitulation. It isn’t…
