In crypto news today (July 10), Bitcoin has continued its rally from yesterday, holding above $63,000 and up 0.8% over the past 24 hours, trading at $63,800. Liquidations continue to drop, sitting at $191M today, down from $282M yesterday, with over $137M of that figure coming from short positions, a flip from yesterday and a signal that bears were punished as Bitcoin grinds toward $65,000.
Yesterday marked a second consecutive day of negative ETF flows for Bitcoin, following a three-day stretch that saw more than $500M in inflows. July 9 saw $95M in Bitcoin sold across various funds, with $63M of that from Fidelity’s FBTC ETF.
While the majority of tokens are up today and the total crypto market cap has surged by +1.5%, Ethereum (ETH) and Hyperliquid (HYPE) are two notable projects in the red, down -0.4% and -1.8%, respectively.
The Fear & Greed Index is still firmly in ‘Extreme Fear’, up 1 point from 22/100 to 23/100 today. Until Bitcoin breaks cleanly above $65,000, the index is likely to remain within the 15-25 range.
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
90hr+
Weekly Research
100k+
Monthly readers
50+
Expert contributors
2000+
Crypto Projects Reviewed
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Be the first to comment