Bitcoin held around $64,500 on July 30, moving in tandem with a rebound in U.S. stocks as risk sentiment improved after U.S. PCE data met expectations and a semiconductor selloff eased. June PCE rose 3.7 percent year on year, slowing from May, and fell month on month for the first time since 2020. Still, analysts cautioned inflation remains well above the Fed’s 2.0 percent target.

Easy profit opportunities that retail traders once enjoyed on prediction markets Polymarket and Kalshi are rapidly shrinking as institutions, market makers, quant managers, funded trading firms and AI agents enter the space. The immediate battleground is the U.S. Federal Reserve’s policy rate decision, where most outcomes are priced in, leaving a narrow range to trade. Experiments also show AI models have not yet delivered stable returns.