Bitcoin Panic Selling Shows Signs of Exhaustion, Down 28% This Year

BTC4.01%
According to CoinDesk on July 14, Bitcoin's panic selling may be nearing an end despite a 28% decline year-to-date. Bitcoin held above $62,000 over the weekend despite escalating geopolitical tensions and surging oil prices, contrasting with similar circumstances that triggered sharp declines in March and April. U.S. spot Bitcoin ETFs recorded net inflows of $197 million last week, ending eight consecutive weeks of outflows. Additionally, daily net Bitcoin selling has slowed significantly from approximately 2,000 BTC in June to just 53 BTC in July, marking the calmest month of 2026 aside from April.
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