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3.8%
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The probability that Bitcoin will touch $67,500 in July rises to 70%, as spot ETFs have recorded net inflows for 5 consecutive days.
Spot Bitcoin ETFs saw a fifth consecutive day of net inflows this week, fueling market bets on higher price levels. At the same time, the Federal Reserve kept its target interest rate at 3.50% to 3.75%. Newly appointed chair Kevin Warsh will shift the central bank’s communication style toward pure data dependence.