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Crypto Markets Rise as Bitcoin ETF Inflows Boost Confidence

Crypto Markets Rise as Bitcoin ETF Inflows Boost Confidence

Jul 7, 2026 10 views

Crypto Markets Rise as Bitcoin ETF Inflows Boost Confidence


Cryptocurrency prices moved higher over the past 24 hours after investors reacted positively to another day of solid inflows into U.S. spot Bitcoin exchange traded funds. While buying activity supported the market, traders remained cautious ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes scheduled for Wednesday.

During the past day, Bitcoin fluctuated between $61,275.83 and $64,597.57 before settling near the middle of that range.

Bitcoin ETF Demand Continues to Support the Market

Spot Bitcoin ETFs listed in the United States attracted net inflows of $266 million on Monday, improving from $224 million recorded during the previous trading session. BlackRock's iShares Bitcoin Trust (IBIT) accounted for the majority of those investments, bringing in approximately $209 million.

Despite the positive ETF activity, broader financial markets remained mixed. Treasury yields moved higher, the U.S. Dollar Index strengthened, crude oil prices advanced, and gold prices slipped. Global equity markets also showed limited momentum, keeping overall investor sentiment restrained.

The CoinMarketCap Crypto Fear and Greed Index declined slightly from 29 to 28, indicating that fear continues to dominate the digital asset market. Even so, sentiment has improved compared with the previous week when the index stood at 16, reflecting extreme fear among investors.

Liquidations Increase as Trading Activity Surges

According to Coinglass data, cryptocurrency liquidations totaled approximately $530 million over the past 24 hours. Long positions accounted for $233 million, while short positions reached about $297 million.

Although liquidations remained elevated, the total cryptocurrency market capitalization increased 0.43 percent to roughly $2.18 trillion. Trading activity also accelerated significantly, with overall market volume climbing by nearly 59 percent compared with the previous day.

Market performance remained mixed across major digital assets. Around 20 of the top 100 cryptocurrencies posted gains exceeding 1 percent, while nearly 25 recorded losses of at least 1 percent.

Bitcoin and Ethereum Hold Steady While Altcoins Show Mixed Results

Bitcoin traded 0.47 percent higher at $63,117.93. The world's largest cryptocurrency remains about 50 percent below its all time high of $126,198.07 reached in October 2025 and is still down more than 27 percent since the beginning of the year.

Ethereum traded little changed at $1,771.56 after moving between $1,728.97 and $1,829.51 during the session. The second largest cryptocurrency remains approximately 64 percent below its record high and has declined more than 40 percent year to date.

Meanwhile, U.S. spot Ethereum ETFs recorded net inflows of $21 million on Monday, down from $29 million during the previous session. BlackRock's iShares Ethereum Trust ETF led inflows with $23 million.

Bitcoin's share of the overall cryptocurrency market increased to 58.1 percent, while Ethereum maintained a market dominance of 9.81 percent. Tether's market share slipped slightly to 8.43 percent.

Solana, TRON and Hyperliquid Post Gains

Among the leading cryptocurrencies, BNB declined 0.33 percent, while XRP lost 1.7 percent.

Solana gained 0.32 percent to trade at $80.87. U.S. spot Solana ETFs also experienced stronger investor demand, recording net inflows of $8 million compared with $2 million previously.

TRON advanced 1.1 percent to $0.3303, while Hyperliquid climbed 1.3 percent to $71.34 after remaining close to its recent record high.

Dogecoin moved lower by 3.3 percent and continued trading well below its historical peak.

Elsewhere in the market, MemeCore delivered the strongest performance among the top 100 cryptocurrencies with a gain of more than 19 percent. Jito followed with an increase exceeding 8.5 percent. On the downside, Bonk recorded the steepest decline at roughly 9.5 percent, while Worldcoin fell more than 7 percent.