June was brutal. One of the worst months crypto has seen in years. The total market cap dropped to about $2.12 trillion, the lowest in nearly two years. Heavy ETF outflows and broad technical
June was brutal. One of the worst months crypto has seen in years. The total market cap dropped to about $2.12 trillion, the lowest in nearly two years. Heavy ETF outflows and broad technical selling did the damage.
Bitcoin ended the month between $59,000 and $59,700, down about 20%. That’s its weakest monthly performance since June 2022. Ethereum fell over 20% too, trading near $1,530–$1,570. Most altcoins followed suit with similar losses. Nearly $4 billion left U.S. spot Bitcoin ETFs over 13 trading days as investors pulled back along with tech stocks.
But here’s the thing, the Bitcoin price has now climbed back above $60,000. And a fresh technical signal across several major cryptos is giving people hope that maybe, just maybe, the market has hit a turning point.
Crypto analyst Ali Charts believes the market may be entering the early stages of a broader recovery after the Tom DeMark (TD) Sequential printed monthly buy signals across Bitcoin, Ethereum, XRP, and Solana at the same time.
The indicator is designed to identify trend exhaustion after prolonged declines, and monthly signals typically carry far more weight than those appearing on shorter timeframes.
The chart shows all four assets closing June with extended monthly downtrends before the TD Sequential printed a “9” buy setup. Bitcoin closed the month near $58,600. Ethereum around $1,570. XRP close to $1.04. Solana near $74.80.
MARKET BOTTOM IS HERE!The monthly chart suggests a coordinated macro reversal setup. The Tom DeMark (TD) Sequential indicator is flashing buy signals for Bitcoin, Ethereum, XRP, and Solana.On high-timeframe charts like the monthly, these trend-exhaustion setups carry… https://t.co/SxJ0w63Dgcpic.twitter.com/aW75PqmVif
— Ali Charts (@alicharts) July 1, 2026
In past cycles, when buy signals popped up across several big cryptos at the same time, it often happened close to market bottoms. That kind of widespread alignment usually means sellers are running out of steam, not that one coin is having a good day.
Now, this doesn’t mean we’ve definitely hit the lowest point. But it does tell us that downside momentum might be fading across the board. If the Bitcoin price can hold above $60,000, that technical setup could push buyers back into Ethereum, XRP, Solana, and other large caps in the weeks ahead.
One of the biggest drivers behind today’s recovery is growing institutional participation. The announcement of Open USD (OUSD), a regulated stablecoin backed by a consortium of more than 140 financial and technology companies, has strengthened confidence in compliant digital asset infrastructure.
Ripple’s participation in the initiative, combined with the European Union’s MiCA rules taking effect on July 1, is directing institutional capital toward regulated crypto products. XRP spot ETFs have also attracted nearly $1.5 billion in net inflows, contrasting with continued outflows from Bitcoin and Ethereum investment funds.
The market also bounced after getting seriously oversold. Total crypto market cap briefly dipped to about $2.04 trillion. Sentiment hit Extreme Fear, the Fear & Greed Index was at 17. The 14-day RSI fell to 29.33. And liquidation pressure eased a lot over the last 12 hours. All that opened the door for buyers after a 17.28% drop over the previous month.
Related Bitcoin News: Bitcoin Warning: Everyone Is Waiting for the Same Bottom – That’s Exactly Why You’ll Get Trapped
Big picture sentiment got a boost too. Reports said Fed Chair Kevin Warsh hinted that inflation risks are cooling. Right after that, the Bitcoin price jumped back above $60,000, climbing about 3% and adding roughly $36 billion to its market cap.
BREAKING: Bitcoin reclaims $60,000 after Kevin Warsh signals inflation risk is easing.Bitcoin is up 3%, adding $36 billion to its market cap.Ethereum is up 3.30%, adding $6.6 billion to its market cap.The crypto market has added $50 billion in the last 90 minutes. pic.twitter.com/ljnvrf2IBq
— Bull Theory (@BullTheoryio) July 1, 2026
Ethereum gained about 3.3%, tacking on another $6.6 billion. The whole crypto market added nearly $50 billion in about 90 minutes. That bounce has lifted short-term mood after one of the weakest months of the year.
However, Bitcoin’s recovery above $60,000 has improved market confidence, but the bigger development may be the rare monthly buy signals appearing across several leading cryptocurrencies. If institutional inflows continue and macro conditions remain supportive, the crypto market could be entering the early stages of a broader recovery after June’s heavy selloff.
Bitcoin is a risky investment with obvious high volatility, and generally should be considered only if you have a high risk tolerance, are in a strong financial position already and can afford to lose some or all of your investment.
How much will $1 in Bitcoin be worth in 2030The value depends on where the Bitcoin price trades by 2030. If BTC reaches $200,000 from around $58,000, a $1 investment today would be worth about $3.40.
Is it possible for Bitcoin to reach $200,000Yes, many analysts believe a $200,000 Bitcoin price is achievable over the next several years if institutional adoption continues and ETF demand recovers. Reaching that level would require sustained capital inflows and a much stronger macro environment than the market has today.
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The post As Bitcoin Reclaims $60K, Multiple Top Cryptos (XRP, Solana) Flash Monthly Buy Signals appeared first on CaptainAltcoin.
