finance
Bitcoin Drops 20% in June to About $58,700, Its Largest Monthly Fall Since 2022
Bitcoin declined nearly 20% during June 2026, closing below $60,000 for its weakest monthly performance since June 2022. CoinDesk reported the monthly candlestick formed a Marubozu pattern with virtually no wicks.
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Bitcoin fell about 20% in June 2026 to below $60,000, marking its worst monthly performance since June 2022, CoinDesk reported. The June monthly candlestick opened on June 1 and closed on June 30 with price barely deviating from a straight line down. The candle showed a solid red body and virtually no wicks, a pattern traders identify as a Marubozu.
The price on June 30 was the lowest for the month. As of July 1, 2026, Bitcoin traded at $58,666.62, according to CoinDesk data.
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