World’s largest cryptocurrency snaps five-day winning streak but remains up more than 7% over the past week.

July 6, 2026: Bitcoin (BTC) retreated against the US dollar on Monday, ending a five-session winning streak as investors booked profits following a strong weekly rally.

The world’s largest cryptocurrency traded at $62,835.39, down $842.00, or 1.34 per cent, from Sunday’s closing level of $63,677.39.

Despite Monday’s decline, Bitcoin remained firmly higher than its level a week earlier after recording consistent gains over the previous five trading sessions. The digital asset had climbed from $58,505.61 on June 30 to $63,677.39 on July 5, before easing in Monday’s trading.

Over the past seven days, Bitcoin has gained $4,329.78, representing an increase of approximately 7.4 per cent, reflecting renewed investor interest in the cryptocurrency market.

On a monthly basis, Bitcoin also posted positive returns, rising from $60,554.46 on June 6 to $62,835.39 on July 6. The monthly gain of $2,280.93 translates into an increase of 3.63 per cent.

However, the cryptocurrency continues to trade well below its level of a year ago. On July 6, 2025, Bitcoin was valued at $109,237.10. Compared with that price, the digital asset has fallen by $46,401.71, marking a 42.48 per cent year-on-year decline.

Market participants said Bitcoin remains highly sensitive to global macroeconomic developments, including expectations surrounding interest rates, monetary policy decisions by major central banks, institutional investment flows and overall risk sentiment in financial markets.

Analysts noted that while the recent weekly rally has improved market sentiment, cryptocurrencies are likely to remain volatile as investors continue to monitor economic data and regulatory developments that could influence demand for digital assets in the coming weeks.