Bitcoin Week in Review: A 21% Surge, a Record Short Squeeze, and $2.6 Billion Into ETFs
Bitcoin rose 21.81% to $77,502.33 as Treasury buybacks and a $3 billion short squeeze drove the rally, with BlackRock's IBIT alone taking in $1.17 billion.
Bitcoin rose 21.81% to $77,502.33 as Treasury buybacks and a $3 billion short squeeze drove the rally, with BlackRock's IBIT alone taking in $1.17 billion.
Bitcoin slipped 0.58% to $63,971.97 as nine of twelve US spot ETFs posted redemptions, network hashrate rose 14.30%, and the macro calendar emptied out.
Bitcoin rose 1.18% to $64,590 as the BIP-110 fork stalled at two blocks, spot ETFs drew $853 million (strongest since mid-April), and CPI lands Wednesday.
Bitcoin fell 3.99% to $62,614 as the Fed's most divided hold in years met a $90 million Coldcard wallet exploit; ETF flows netted slightly negative.
Bitcoin rose 1.54% to $65,239 after a round trip from $66,898 to $63,670 on an oil spike, Poolin's bankruptcy, and a snapped ETF streak. The Fed is up…
Bitcoin rose 2.13% to $64,242 as a cool June CPI cut rate-hike odds, ETF inflows extended a second week, and Saylor escalated the BIP-110 fight.
Bitcoin closed nearly flat near $62,900 as renewed US-Iran strikes, a record Strategy sale, and the end of an eight-week ETF outflow streak collided.
Bitcoin rose about 3.2% to near $61,800 as a weak US jobs report cooled Fed rate-hike bets, closing its worst month in four years with a tentative rebound.
Bitcoin fell to a 21-month low near $58,000 after a hot inflation print, closing Q2 just under $60,000 as ETFs tracked their worst month on record.
Bitcoin fell about 2.7% to near $64,000 as new Fed chair Warsh held rates but turned hawkish, and spot ETFs logged a record sixth straight week of outflows.