Bitcoin ETFs lose over $424M, wiping out last week’s gains as recovery fails first test

FBTC and IBIT drove the $424.7 million reversal, leaving the July 6-13 balance $227.3 million in the red. The post Bitcoin ETFs lose over $424M, wiping out last week’s gains as recovery fails first test appeared first on CryptoSlate....
Coins in this story
Related stories

JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged stablecoin....

Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure
BTC price action returned to $64,000 on low US CPI inflation but traders stayed wary of rejection at key resistance....

Bitcoin Price Jumps Above $64,000 as Cooler-Than-Expected Inflation Strengthens the Case for Rate Cuts
Bitcoin Magazine Bitcoin Price Jumps Above $64,000 as Cooler-Than-Expected Inflation Strengthens the Case for Rate Cuts Bitcoin price climbed above $64,000 after cooler-than-expected June inflation boosted expectations for Federal Reserve rate cuts, though sticky core inflation and rising oil prices continue to cloud the outlook. This post Bitcoin Price Jump...