U.S. spot Bitcoin ETFs attracted approximately $224 million in net inflows on July 2, ending a 10-session outflow streak, while spot Ethereum ETFs recorded $29 million in net inflows.
Bitcoin approached $62,000 as weaker-than-expected U.S. employment data reduced expectations for further Federal Reserve rate increases and triggered $281 million in short liquidations.
Long-term Bitcoin holders returned to net accumulation, providing additional support to the market recovery despite continued concerns over institutional demand and thin liquidity.
Securitize began trading on the New York Stock Exchange and tokenized approximately $295 million of its own shares on the Solana and Avalanche networks.
Tether froze 131 Tron wallets after the U.S. Treasury added 134 cryptocurrency addresses linked to ISIS-K to its sanctions list.
Bitcoin is trading around $61,712, while Ethereum is trading around $1,716.
The Fear and Greed Index stands at 21, indicating extreme fear in market sentiment.
