Bitcoin at the Crossroads: ETF Inflows vs. Geopolitical Headwinds

Bitcoin entered the week of July 13 at $62,771, down 1.7% in 24 hours, hovering above the $62,000 support level that has held for five weeks. The macro calendar is as loaded as any stretch this year: Fed Chair Kevin Warsh testifies before the House Financial Services Committee on July 14 and the Senate Banking Committee on July 15, and June CPI drops on July 16. Two back-to-back weeks of spot ETF inflows totaling $510 million broke a brutal 10-day, $2.73 billion outflow streak and gave institutional investors a reason to think the worst of the selling may be behind them. Whether that optimism survives this week's catalysts is the question the data cannot answer yet. Key Takeaways Bitcoin tra…
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