Guavy AI Editorial TeamSentiment: 1.2Clout: 82

Bitcoin Holds Near $65,600 as ETF Inflows Extend to Six Sessions

Bitcoin is trading near $65,600 as of today, despite experiencing a daily dip of 0.98%.

This level of support is largely due to six consecutive sessions of ETF inflows, which has strengthened institutional demand for the cryptocurrency.

The Federal Reserve's upcoming meeting on July 28-29 and the CLARITY Act deadline are major catalysts that markets are waiting for.

Akshat Siddhant from Mudrex believes that Bitcoin is consolidating near $65,800, with investors weighing institutional demand against macro headwinds.