Aug 01, 2026

Bitcoin Price Faces $62K Risk Despite Positive July ETF Flows

TLDR: Bitcoin price is testing the $63,150 Fibonacci support after losing most of its recovery from July’s $66,900 high and facing further downside risk. US spot Bitcoin ETFs still gained about $172.4 million in July, despite a $265.4 million net outflow during the final trading session. Momentum remains weak as Bitcoin trades below the four-hour [...]

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Source: Blockonomi →