Bitcoin Clings to $64,217 as $6.35B ETF Outflows and Four Macro Catalysts Loom

BTC0.85%

According to Galaxy Research, Bitcoin traded near $64,217 on June 22 as U.S. spot Bitcoin ETFs recorded $6.35 billion in net outflows over the latest 30-day window, the largest monthly drain in tracked data. Four macroeconomic catalysts are set to test the price range: the May Personal Consumption Expenditures report and first-quarter 2026 GDP data both land on June 26, followed by S&P Global flash PMI on June 24, new home sales on June 25, and University of Michigan sentiment on June 27.

Meanwhile, President Donald Trump warned on Truth Social that Iran must immediately halt proxy activity in Lebanon or face renewed U.S. military strikes, raising geopolitical risk around oil tanker traffic through the Strait of Hormuz. Bitcoin dipped toward $63,300 after weekend uncertainty but recovered to near its 30-day range. Traders now watch $62,000 as primary downside support and $67,000 as the resistance zone needed for upside continuation.

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