TL;DR :
- Spot Bitcoin ETFs accumulated nearly $1 billion in net inflows over seven consecutive sessions.
- Corporate spending on artificial intelligence infrastructure will reach between $190 billion and $205 billion this year.
- Bitcoin’s price sits around $65,400, placing it 45% below its all-time high from last October.
Bitcoin’s price at $65,000 shows signs of stagnation after losing the initial momentum toward the $66,000 region seen earlier this week. Reports from analyst Wise Crypto published this Thursday reveal that capital rotation toward technology stocks linked to artificial intelligence is limiting the liquidity available for digital assets.
🚨 #Bitcoin stuck near $65K — and AI might be the reason 👇$BTC trades around $65,975 after briefly topping $66K, but momentum is weak.
• ETFs saw +$203M inflows (6 straight days)
• Still tiny vs $6.9B outflows in May–June
What’s holding $BTC back?AI is reshaping the… pic.twitter.com/Lz2hlsDT0h
— Wise Crypto (@WiseCrypto_) July 23, 2026
Spot Bitcoin exchange-traded funds (ETFs) recorded seven consecutive sessions of net inflows totaling nearly $1 billion. Data presented by Wise Crypto indicates that this figure contrasts with the $6.9 billion in net outflows recorded between May and June.
For their part, major tech corporations are allocating between $190 billion and $205 billion to AI infrastructure this year. Nvidia’s data center revenue grew 92% year-over-year, driving a 69% rally in sector stocks. Over that same period, Bitcoin’s price has accumulated an approximate decline of 25%.
The two-year Treasury yield sits near 4.3%, while the ten-year rate hovers around 4.6%. According to Wise Crypto’s observations, these levels strengthen the dollar and encourage caution among risk-asset investors.
Technical Levels and Macroeconomic Pressure
At the time of writing, the asset trades above $65,300, recording a daily drop of 0.6%. Over the last 24 hours, the trading range fluctuated between $65,300 and $66,300.
The current price sits 45% below the all-time high of $126,000 reached in October of last year. Brent crude settled near $94 per barrel following recent attacks between the United States and Iran. A report from market observer Ted Pillows indicates that the real yield on ten-year TIPS hit 2.31%, exerting direct pressure on non-yielding assets.
Technical analysis from Michaël van de Poppe points out that holding the price above the 21-day moving average keeps open the possibility of an advance toward $68,000. A sustained move above that resistance would allow for projections toward the $73,000 range.
Data presented by Axel Adler confirms that ETFs gathered $439 million so far this week, in a context where the Coinbase discount begins to shrink after 78 days. A report from Bitfinex specifies that the range between $67,900 and $68,300 acts as a liquidation zone for short-term holders. Meanwhile, analyst EGRAG CRYPTO identifies a double bottom pattern in development, the validation of which will require a weekly close above $83,000.
Traders’ attention now shifts to the upcoming weekly close to verify whether technical support consolidates above key moving averages.
Be the first to comment