Bitcoin Recovers Toward $62K as ETF Inflows Return and Trump’s BTC Holdings Make Waves: Weekly Crypto Update

Bitcoin ETFs end 10-day outflow streak as weak jobs data lifts market sentiment

U.S. spot Bitcoin exchange-traded funds have recorded $221.7 million in net inflows, ending a 10-day withdrawal streak as softer U.S. economic data and easing Federal Reserve rate concerns helped Bitcoin recover from this week’s lows. According to data from SoSoValue,…

Bitcoin Holds Above $62,000 as ETF Inflows Return

Summary: Bitcoin traded around $62,440, maintaining its recovery above the $62,000 support level. The total crypto market capitalization rose to […] The post Bitcoin Holds Above $62,000 as ETF Inflows Return appeared first on CoinsPress.

Bitcoin and Ether Bounce Hard as Spot ETFs Pull in $221 Million

Buyers came back. On July 2, spot Bitcoin ETFs pulled in $221 million in a single day, and that cash… Read the original on Bitcoin and Ether Bounce Hard as Spot ETFs Pull in $221 Million. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

CoinStats - Bitcoin, Ether extend relief rallies as extre...

Bitcoin and Ether bounced off multi-year lows as dip buyers finally stepped in, and the spot BTC ETFs saw a $221 million inflow on July 2. Bitcoin (BTC) rallied, $50 short of $63,000, on July 3, and Ether (ETH) outperformed the wider market, pushing to $1,775. The end-of-week rally comes a few days after BTC fell to a 21-month low and ETH sank to fresh year-to-date lows. Highlighting the negative sentiment, the Crypto Fear & Greed index register…

Bitcoin Recovers Toward $62K as ETF Inflows Return and Trump’s BTC Holdings Make Waves: Weekly Crypto Update

Although July has only just begun, the past seven days brought some much-needed and long-awaited relief to the cryptocurrency market, even if the overall sentiment remains nothing but fragile. Last week at this time, Bitcoin was still struggling around the $60,000 mark after the painful correction that was charted in June. The cryptocurrency spent the weekend moving mostly sideways, as neither bulls nor bears managed to take control. The real ac…