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BTC Breaks $65,000 Amid Another Round of Positive Inflation News

Here’s a tighter, more fluid rewrite:


U.S. spot Bitcoin ETFs pulled in about $181 million on Tuesday, bouncing back after roughly $425 million in outflows a day earlier, according to SoSoValue. Ether ETFs also saw fresh demand, adding करीब $58 million.

DTCC moves forward with tokenization
The Depository Trust & Clearing Corporation is reportedly launching a pilot to convert a range of equities and U.S. Treasurys into digital tokens, per the Wall Street Journal.

Around 40 traditional finance giants—including Goldman Sachs, BlackRock, JPMorgan, and Vanguard—are participating in the initiative.

Assets in the trial include shares of Microsoft and Circle, along with major ETFs such as Invesco’s QQQ, State Street’s SPDR S&P 500 ETF (SPY), and iShares’ 0–3 Month Treasury Bond ETF.


Fed’s Williams signals inflation may have peaked
New York Fed President John Williams said there are encouraging signs that inflation has reached its peak and should gradually decline.

He expects inflation to ease to roughly 3.25% by year-end before trending toward the Fed’s 2% target by 2027 and fully stabilizing by 2028.

Together with softer producer price data, his comments helped lift Bitcoin above $65,000 for the first time in weeks.


Producer prices come in softer than expected
U.S. PPI fell 0.3% in June, missing expectations for a flat reading and reversing May’s 0.6% gain. On an annual basis, PPI rose 5.5%, below the 6.2% forecast.

Core PPI rose 0.2% month-over-month versus expectations of 0.4%, while the yearly figure came in at 4.7%, also under projections.

Following the release, Bitcoin extended gains to around $64,800, up 2.1% on the day. Nasdaq 100 futures rose 0.5%, while Treasury yields edged lower, with the 10-year at 4.58% and the 2-year at 4.17%.


Speculative capital rotates back into crypto
By mid-July, the Dow Jones U.S. Thematic Market Neutral Momentum Index—often seen as a proxy for AI-driven trades—is on track for its worst month since December 2023.

At the same time, capital appears to be flowing back into crypto. Bitcoin has climbed about 10% this month, while Ether has surged करीब 20%.


Saylor pushes back on BIP 110
Strategy Executive Chairman Michael Saylor criticized Bitcoin Improvement Proposal 110, calling it “iatrogenic,” or harmful by design.

His comments sparked backlash from supporters, including Matthew Kratter and Luke Dashjr.


U.S. strikes Iran, markets steady
The U.S. carried out precision strikes targeting Iran’s coastal defense and missile systems on Greater Tunb Island, according to Central Command.

Markets showed little reaction: Bitcoin held near $64,500, oil remained flat, and Nasdaq futures stayed modestly higher.


White House sees no case for rate hikes
National Economic Council Director Kevin Hassett said recent data does not support raising interest rates.

He also noted a recent discussion with Fed Chair Kevin Warsh and expressed confidence in the Fed’s current policy direction.


PayPal surges on takeover bid
PayPal shares jumped أكثر than 21% in premarket trading after reports that Stripe and Advent International offered $60.50 per share, valuing the company at over $53 billion.

If completed, the deal would unite two major payments players expanding into stablecoins and blockchain settlement. PayPal’s PYUSD stablecoin currently holds a market cap of about $2.8 billion.


ETF inflows return with price rebound
Bitcoin and Ether ETFs both saw renewed inflows after a sharp outflow session. BlackRock’s IBIT led Bitcoin ETF gains with about $139 million, followed by Fidelity’s FBTC at करीब $21 million.

On the Ether side, BlackRock’s ETHA accounted for the entire $58 million inflow.

The move aligned with price strength, as Bitcoin ETFs rose nearly 4% and Ether funds about 6%—their best daily performance in weeks.

Total Bitcoin ETF assets rebounded to حوالي $78 billion, while Ether ETF assets surpassed $10 billion.

Despite the recovery, July flows remain choppy, with frequent swings between inflows and outflows and no sustained trend so far.