The cryptocurrency market experienced significant pressure last week, with Bitcoin (BTC) declining from approximately $73,400 on June 1 to around $63,100 by Monday. BTC hit an intraday low of $61,400, while Ethereum (ETH) also dropped to about $1,680. The market's downturn was exacerbated by 13 consecutive days of net outflows from BTC spot ETFs, totaling $4.4 billion, alongside whale selling and concerns over Mt. Gox wallet transfers. Despite these challenges, Bitcoin showed signs of recovery within the past 24 hours as it approached the critical support level of $60,000. Market participants are closely watching for a potential resumption of ETF inflows, the stability of the $60,000 support level, and the impact of upcoming CPI data on risk sentiment.