Bitcoin Tops $65,000 as ETF Outflows Slow and Macro Signals Clash

Bitcoin climbed above $65,000 Monday morning as ETF outflows slowed and macro signals pulled in opposite directions. The U.S.-Iran peace deal reopened the Strait of Hormuz and briefly lifted risk assets. SoSoValue data showed U.S. spot Bitcoin ETFs lost $226.8 million in the week ending June 18. New Fed Chair Kevin Warsh signaled a hawkish reset after May CPI came in at 4.2%.
BTC-3.74%
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