Bitcoin Panic-Selling May Be Ending as Sellers’ Profit Margins Disappear

Bitcoin’s wave of panic selling may be fading after a 28% slump this year, with analysts citing resilience during fresh U.S.-Iran escalation and renewed spot ETF inflows. According to CoinDesk, BTC held around $62,000 over the weekend even as hostilities intensified and crude spiked on Hyperliquid, while U.S.-listed spot bitcoin ETFs posted net inflows of $197.40 million last week after eight straight weeks of outflows. Glassnode data showed June net selling averaged nearly 2,000 BTC a day versus 53 BTC a day in July. Analysts cautioned the rebound from the $57,700 low earlier this month is largely derivatives-led, with U.S. June CPI due Tuesday and Fed Chair Kevin Warsh’s first Congressional testimony this week in focus.