Crypto
Bitcoin rebounds after Strategy sale shock; spot ETF inflows in focus
Bitcoin rebounded after a sharp drop triggered by Strategy’s announcement of a bitcoin sale. The price slid to $61,300 after the news, then recovered to around $64,000, signalling buying interest remained. Derivatives indicators showed tentative improvement, though options markets stayed cautious. Spot bitcoin ETF flows are a key variable, with a $223 million net inflow on July 4 after 10 straight trading days of net outflows. Strategy-related concerns and long-term holder flows also remain in focus.
