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Bitcoin had a rough June, and the damage runs deeper than the headline number suggests. The cryptocurrency shed twenty percent of its value over the month, but analysts looking at the longer monthly chart say the technical picture is considerably more alarming than a single bad month would imply.
Compounding that picture, U.S. spot bitcoin ETFs just recorded their worst month on record, shedding four point five billion dollars in outflows during June alone. That beat the previous worst month by twenty-nine percent, and it came on the back of nine consecutive days of redemptions to close out the period — a streak that signals something beyond routine profit-taking.
Away from financial markets, extreme heat is quietly exposing a vulnerability in the infrastructure most of us depend on every day. Energy grids and rail networks are among the critical systems that engineers and policymakers are now acknowledging were simply not designed with sustained high temperatures in mind, raising serious questions about resilience as climate patterns shift.
Those are your top stories for today. Stay sharp, stay curious, and keep surfing. Tech Beat out.
