Live markets: Bitcoin pops to $63,900, then reverses, as week begins
Bitcoin touched $63,882 overnight before retreating to around $62,900, per CoinDesk data. Sunday's high held briefly before sellers pushed it back down....
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Bitcoin ETFs draw $500M but weak demand leaves rebound exposed
US spot Bitcoin exchange-traded funds drew nearly $500 million across the last two trading sessions, giving traders their first clear fund-flow rebound in weeks even as several market gauges continued to show weak demand for the top digital asset. The US ETF products took in $221.72 million on July 2, ending a 10-session outflow streak […] The post Bitcoin E...
Bitcoin rally now depends on one Fed document coming Wednesday
The Federal Reserve publishes the minutes of its June 16–17 meeting on Wednesday at 2 p.m. ET, and the release will either validate Bitcoin's week-long recovery or pull out its foundation. Traders bought the rebound on a single macro assumption: a weakening US labor market limits how long the central bank can stay hawkish. The […] The post Bitcoin rally now ...