Bitcoin’s limping toward the end of June under heavy pressure. Price dropped from near $70,000 earlier this month to test support around $59,000 after selling swept through the market. The BTC price is changing hands at $59,243.39, down 3% on the day. A few things are behind the drop. Spot Bitcoin ETFs keep seeing money flow out as institutional players pull back. Strategy’s preferred-share offerings haven’t helped either, they’ve dulled hopes for big Bitcoin buys. Meanwhile, money’s flowing into traditional AI and tech stocks, pulling cash away from crypto.