On July 6, according to data from CoinGlass, Bitcoin ETFs entered the holiday weekend with a positive trend. On July 2, these ETFs recorded a net inflow of $223.5 million, marking the first such influx since June 12. CoinGlass data indicates that Bitcoin performed relatively well over the holiday weekend, peaking at nearly $64,000, but trading prices fell below $62,000 this morning. Some pressure came from Michael Saylor's Strategy Inc. selling Bitcoin, although the market did receive some advance warning. Christopher Tahir from Exness noted in a report, 'The market's reaction may be more subdued than in the past following the company's recent policy launch.'
All Comments