Market
Bitcoin and Ethereum grind lower to start the week
Summary from Yahoo Finance·June 29, 2026
Crypto prices continued their descent on June 29, extending the June slump as risk-off sentiment and persistent ETF outflows kept a lid on any recovery.
Bitcoin and Ethereum moved lower again on Monday, June 29, extending one of the worst months for crypto in years. Persistent spot-ETF outflows and a broadly risk-averse macro backdrop left the market without a floor heading into month-end.
The weakness followed Bitcoin's slide to multi-year lows the prior week, when hot inflation data hardened fears of a more hawkish Federal Reserve. With no fresh catalyst to reverse the mood, sellers stayed in control.