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Bitcoin dips to $65,568 as spot demand weakens despite strong futures trading and ETF inflows.

Market News
23 Jul 2026
Bitcoin
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Neutral
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Bitcoin slipped to around $65,568 on July 23, 2026, after a 13% rebound in July, as spot demand weakened while futures demand remained positive but lower than earlier months. Despite the price dip, spot bitcoin ETFs, led by Blackrock’s IBIT, continued to see strong inflows, and long-term holders maintained their positions. Market caution was also influenced by geopolitical tensions affecting oil prices and broader risk assets. Traders are watching whether spot buyers return or if futures will continue to support the price ahead of the Federal Reserve's upcoming meeting.

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