June turned out to be red for BTC 🔴

According to CoinGlass, June ended for $BTC at - 6.96%.

In the first quarter, Bitcoin performed quite well, all months ended in positive territory, but the second quarter was not so successful, during the second quarter the price of Bitcoin decreased by 15%.

The price of Bitcoin at the beginning of the quarter was in the region of $70,000 - $71,000, and at the end of the quarter it was $60,800.

Positive news in May about the launch of spot ETFs on ETH had a positive impact on BTC. But then there was a postponement from the SEC, which had a negative impact on the market.

Along with BTC, alts also suffered, including ETH. The CoinDesk composite index, reflecting the performance of the cryptocurrency, fell by more than 21% in 3 months.

However, many analysts expect a bullish scenario by the end of the year, as well as a movement towards $100k.

At the end of June, the bears became active and tried to push the price to $55,000, but the bulls managed to hold back the price and there was a rebound from $60,000.