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Bitcoin traded around $59,940 on June 28, 2026, down nearly 7% for the week and on track for a 12% second-quarter decline. Ether and several altcoins posted steeper losses as U.S. spot bitcoin ETF outflows continued.
CoinDeskBitcoin slipped below $60,000 over the weekend ending June 28, 2026, trading at approximately $59,940 on Sunday. The token fell 0.6% in the prior 24 hours and nearly 7% for the week, CoinDesk reported. Bitcoin is positioned to close the second quarter down about 12%, following a 22% decline in the first quarter.
Ether traded near $1,567, down 9.5% for the week and about 25% for the quarter after a 29% drop in the first quarter. Dogecoin fell 11.7% to $0.073, Hyperliquid's HYPE token lost 10.6%, and XRP declined 8.7% to $1.04. Solana dropped 3.5% to $70 while Tron limited its loss to 1.5%.
U.S. spot bitcoin ETFs recorded outflows during June. CoinDesk cited those outflows, a hawkish Federal Reserve under new Chair Kevin Warsh, and a U.S. dollar near a seven-month high as factors weighing on prices.
Two consecutive quarterly losses at the start of a year are unusual for bitcoin, which has posted average second-quarter gains over the past decade, according to the report.
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en.globes.co.ilLebanon and Israel signed a U.S.-brokered framework agreement on June 26 that outlines steps for Israeli forces to leave southern Lebanon in stages. The deal gives the Lebanese army control of pilot zones where it must disarm Hezbollah before reconstruction begins.
The equal-weighted S&P 500 outperformed its capitalization-weighted counterpart this week by the largest margin in six years. The move coincided with investor rotation away from leading technology stocks.