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Bitcoin rises above $63K as U.S. spot ETFs see first inflows since May, signaling stabilizing demand.

Market News
13 Jul 2026
Dailycoin
View Source
Bullish
Bitcoin rises above $63K as U.S. spot ETFs see first inflows since May, signaling stabilizing demand.

Bitcoin climbed above $63,000 supported by $197 million inflows into U.S. spot Bitcoin ETFs, ending weeks of withdrawals. This inflow indicates renewed institutional interest, helping stabilize Bitcoin prices despite global market volatility. Analysts note the market is normalizing but hasn’t fully recovered, with traders showing bullish sentiment and expecting further gains, possibly targeting $66,000 next. The situation highlights cautious optimism amid geopolitical tensions and ongoing market adjustments.

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