Bitcoin
Why Bitcoin is up 1.7% today
Analysis
Bitcoin rose 1.7% over the past 24 hours as investors positioned around heightened macro uncertainty ahead of a closely watched FOMC decision, with attention on how rate guidance could affect risk assets and ETF demand, as outlined by CryptoPotato. Additional support may have come from exchange-led incentives to accumulate BTC via auto-investing, after Bybit launched a DCA challenge offering rewards for BTC purchases, per The Daily Hodl.
Contributing Factors (3)
Bybit Launches New DCA Challenge with Up to 55,000 USDT in Rewards for BTC, ETH and XAUT Auto-Investing
Dubai, United Arab Emirates, 29th July 2026, Chainwire The post Bybit Launches New DCA Challenge with Up to 55,000 USDT in Rewards for BTC, ETH and XAUT Auto-Investing appeared first on The Daily Hodl...
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