Bitcoin
Why Bitcoin is up 1.6% today
Analysis
Bitcoin rose about 1.6% over the past 24 hours as spot ETF demand appeared to improve, with AMBCrypto reporting roughly $32M of inflows and increased whale activity—factors that can support near-term buying pressure. The Block also noted BTC pressing toward $65,000 amid shifting macro/carry-trade dynamics, which may have helped sentiment.
Contributing Factors (3)
Bitcoin and XRP are the only ETFs in green – $32M inflows as whale activity surges
Bitcoin and XRP were the only crypto ETFs to attract fresh capital, while large-value transactions continued climbing.
‘Paid to wait’: Bitcoin presses toward $65,000 as Treasuries out-yield the carry trade for only second time on record
Bitcoin firmed toward $65,000 on Thursday as softer economic data eased September Fed hike fears, with spot volume near multi-year lows.
Bitcoin ETFs on track for the smallest monthly inflows ever
Your day-ahead look for July 30, 2026
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.