Woofun AI reports that Bitcoin declined to $57,779 on Wednesday, marking its lowest level since September 2024, before recovering 2.8% to approximately $60,000. This price movement followed disappointing U.S. employment and manufacturing figures, alongside Federal Reserve Chair Kevin Warsh's lack of explicit signal regarding rate hikes.

ADP data revealed that the U.S. private sector added 98,000 jobs in June, falling short of May's 122,000 and market forecasts. The ISM Manufacturing Index decreased from 54 to 53.3, while the Prices Paid Index dropped from 82.1 to 73. The two-year U.S. Treasury yield remained unchanged at 4.15%. U.S. spot Bitcoin ETFs recorded $4.5 billion in outflows during June, establishing a new monthly record. Glassnode data indicates that long-term holders have returned to an accumulation phase, and the bid-side proportion in the spot order books of Binance and Coinbase has increased.