Bitcoin Climbs Back Toward $64K After June Capitulation
Bitcoin has clawed back roughly 9% from its late-June lows, trading near $63,100 on July 7 after touching $64,400 intraday. The worst of the fear-driven selloff that pushed prices to a 21-month trough appears to have passed. The market absorbed a $216 million Bitcoin sale from its most famous institutional buyer without flinching. Key Takeaways Bitcoin traded near $63,100 on July 7, up roughly 9% from the June 29 low of approximately $58,000 (a 21-month trough). Strategy disclosed it sold 3,588 BTC for $216 million, its largest sale since adopting the "never sell" stance, yet the market held its recovery. U.S. spot Bitcoin ETFs recorded a net inflow of $222 million on July 2, ending a 10-day…
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