U.S. spot Bitcoin ETFs recorded $69.1 million in net inflows on July 22, extending their inflow streak, while spot Ethereum ETFs attracted $72.7 million.
Bitcoin came under pressure as oil prices and bond yields moved higher, while the odds of near-term progress on the CLARITY Act weakened after key Democrats pushed for stronger ethics and investor-protection safeguards.
Crypto security risks returned to focus after multiple bridge and protocol attacks hit the market within hours, including a $24 million exploit involving AFX Trade on Arbitrum and additional losses across cross-chain systems.
Kakao Group signed a memorandum of understanding with Circle to explore won-based stablecoin payment infrastructure, including payments, remittances, merchant settlement and tokenized financial services.
Mirae Asset completed its acquisition of Korbit, marking a notable move by a major South Korean financial group into the domestic crypto exchange market.
Bitcoin is trading around $65,424, while Ethereum is trading around $1,914.
The Fear and Greed Index stands at 31, indicating fear in market sentiment.
