Bitcoin fell about 1.4% to around $63,000 as renewed US-Iran hostilities caused risk-off sentiment, leading traders to take profits after a recent rally. Despite the drop, Bitcoin remains within its $59,000 to $66,000 trading range and has seen its first weekly inflow into spot Bitcoin ETFs in nine weeks, signaling potential renewed institutional interest. Key upcoming events include US inflation data and Fed Chair testimony, which could influence Bitcoin's price direction further.
Bitcoin and Ethereum ETFs have reversed a recent trend of outflows, recording significant net inflows over the past day and week. Bitcoin ETFs gained 1,439 BTC ($89.69M) in one day and 2,763 BTC ($172.17M) over the week, while Ethereum ETFs saw inflo...
Bolivia is exploring the integration of USDT, a dollar-pegged stablecoin, into its national payment system to address a shortage of physical U.S. dollars. This move, still in the preliminary stage, could ease dollar-denominated transactions and cross...
Cryptocurrency markets saw a general decline with Bitcoin falling 2.53% to $62,328 and Ethereum down 2.07% to $1,766.60. Most major altcoins like BNB, XRP, ADA, and UNI also dropped between 1.5% and 4%. However, a few tokens such as AVAX and NEAR exp...
Spot Bitcoin ETFs attracted $197.4 million in net inflows during the week of July 6–10, breaking an eight-week streak of withdrawals that totaled about $8.26 billion. This reversal coincides with Bitcoin trading at around $63,917, below its spring hi...
BitMine Immersion increased its Ethereum treasury to 5.77 million ETH, representing about 4.8% of the circulating supply. Nearly five million ETH are staked, generating rewards while maintaining a large corporate ETH reserve. Chairman Tom Lee highlig...
