Guavy AI Editorial TeamSentiment: 2Clout: 82

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

Bitcoin held steady near $65,600 today, despite a 0.98% daily dip in price, thanks to six consecutive sessions of ETF inflows.

This continued institutional demand is a major boost for Bitcoin, as it signals that investors are confident in the cryptocurrency's long-term prospects.

However, analysts caution that this rally may be fragile and could reverse if the Fed's July 28-29 meeting or the CLARITY Act deadline doesn't go in favor of crypto markets.