Update 6 of 8
Bitcoin Spot Demand Weakens as New Capital Hesitates Despite Continued ETF Inflows
Bitcoin spot demand showed continued weakness and new capital hesitation despite Bitcoin ETF inflows extending for a second consecutive week. Institutional options traders separately placed large bets on a $72,000 BTC price by late July, tied to the upcoming Federal Reserve meeting. Bitcoin reclaimed $65,000 during the period, reaching a one-month high of approximately $65,400.
Related storylines
- Bitcoin ETF outflow streakBitcoin ETF outflow streak reversing with fresh inflows resuming
- BlackRock Bitcoin ETF expansionBitcoin ETF ecosystem expansion with institutional inflows and derivatives
5 sources
- CROWDFUNDINSIDER: Institutional Bitcoin Options Traders Place Large Bets on $72K BTC Price by Late July, Aligned with Federal Reserve Meeting · crowdfundinsider.com · T2
- Bitcoin Reclaims $65,000 as BTC ETF Inflows Return: Is the Worst Over? · beincrypto.com · T2
- Bitcoin ETF Inflows Extend For Second Week, But Recovery Remains Fragile · newsbtc.com · T2
- Bitcoin reaches one-month high of $65,400 amid Clarity Act uncertainty · youtube.com · T3
- Bitcoin spot demand weakens as new capital hesitates despite ETF inflows · ambcrypto.com · T2