$BTC

After reaching about $112K in May, the Bitcoin price has cooled – but only slightly. In early June, it traded between $103K and $108K, settling around $105K by June 7. It gained slightly on June 7 after US job data eased recession fears, but this was offset by continued outflows from Bitcoin investment funds. US spot Bitcoin ETFs saw net outflows of roughly $132 million through June 6, despite BlackRock’s iShares BTC Trust experiencing significant inflows of around $81M.