Bitcoin Weekly: Institutional Demand Builds Against a Macro Wall
Bitcoin is trading at $63,524 this Monday, pinned in a two-week range between $62,700 and $63,500 that reflects a genuine tension in the market: institutional demand is building, but the macro environment has not yet given institutions a reason to press their bets. Understanding where that tension resolves is the key question for digital assets heading into the second half of August.
Bitcoin coverage hub . Key Takeaways Bitcoin trades at $63,524, range-bound between $62,700 and $63,500, with $65,000 capping any near-term rally. Spot Bitcoin ETFs recorded $853.54 million in net inflows for the week ended August 7, the strongest weekly figure since mid-April, led by BlackRock's IBIT. Goldman Sa…
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