Bitcoin fell below $58,000, marking its lowest price in 652 days and extending its decline to about 54% from its all-time high. The cryptocurrency has lost more than $1.35 trillion in market value from its peak, while June ended with a 20.48% decline, its worst June performance since 2022. Despite the recent weakness, historical data shows the last six negative Junes were each followed by a positive July. Investors will watch whether seasonal trends translate into a market recovery this month.
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