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Bitcoin (BTC) News Today: US BTC-Spot ETF Inflows Signal Market Breakout
On Monday, July 15, BTC surged by 6.63%. Following a 3.06% rally on Sunday, July 14, BTC ended the session at $64,777. Significantly, BTC extended its winning streak to four sessions. Demand: US BTC-Spot ETF Market on an Extended Inflow Streak The US BTC-spot ETF market extended its net inflow streak to seven sessions on Monday. According to Farside Investors, the US BTC-spot ETF market saw total net inflows of $183.7 million (excl. flow data from iShares Bitcoin ETF (IBIT)). Fed Chair Powell cemented investor bets on a September Fed rate cut. Powell reportedly said that recent US inflation readings provided ... (full story)