Bitcoin posts best week since March as ETF inflows return

Price ActionDigital Finance

โดย Yahoo Finance·Read original

Summary · why it matters

Bitcoin just had its best week since March, rising 7%, as institutional and retail money cautiously returns amid a few days of sustained ETF inflows after a record streak of outflows. Last Thursday saw 223 million in flows and then yesterday 265 million in flow, signaling a potential turnaround. The market also absorbed news that Michael Saylor sold about 216 million dollars worth of Bitcoin to cover over three months of dividends, which was viewed positively. Meanwhile, Bitcoin miner Terawolf signed a 19 billion dollar, 20-year lease with Anthropic for AI infrastructure, a deal larger than its entire market cap, highlighting a broader trend of miners pivoting to AI. In stablecoins, Circle's USDC now accounts for 70% of adjusted transaction volume, far outpacing Tether's 25%, as total stablecoin volume hit a record 1.79 trillion dollars in June, up 63% month-over-month. Additionally, a turf war between the Treasury and Commerce departments is creating hurdles for the proposed US strategic Bitcoin reserve, while President Trump called himself a 'big crypto guy' when asked about including Bitcoin in new 1,000-dollar investment accounts for children, though such inclusion is currently not legally possible.