Ecoinometrics delivers professional-grade crypto and macro analysis to help institutional investors and serious traders make data-driven decisions. Over 34,000 professional investors and fund managers subscribe to their newsletter. Bitcoin is starting to stabilize and hold around $64K.
Bitcoin fell 13.4% in Q2 and is down 32.9% for the year, dropping below $60,000 in June for the first time since 2024 and 52% under its October peak of $126,080. It's the third straight quarter of negative returns for the broader Bitwise 10 Large Cap Crypto Index. U.S. spot bitcoin ETPs bled $4.9 billion in the second quarter of 2026, their worst quarter since launching in January 2024. The CFTC approved the first bitcoin perpetual futures at a regulated exchange, Kalshi, and Schwab launched retail spot trading.
Bitcoin closed the week at its 200-week moving average, but is starting Monday with a fresh dip towards it. Inflows into US spot Bitcoin ETFs have resumed after eight weeks of outflows, during which investors withdrew nearly $8.5 billion from the funds. Net inflows into spot BTC ETFs amounted to $197.4 million for the week, while inflows into ETH ETFs totalled $84 million.
Investment in data centers to power artificial intelligence is pushing up prices for memory chips, computer processors and electricity. It's the latest in a series of waves that have boosted inflation. Apple is raising prices for laptops and iPads by about 15% to 25%. Microsoft announced that the price of its Xbox video game console will increase $100 by Aug. 1.
Bitcoin has recovered from recent weakness. The next resistance area is near $65,000, where sellers may become active. The market is trying to sort durable activity from short-term noise. For Bitcoin readers, the important part is the change in context.
Treasury yields gained ground as traders bet on hawkish Fed. Oil prices rallied 9% as traders reacted to surprising developments. SP500 is trying to settle below the 50 MA at 7520. Tech stocks are under strong pressure as traders sell risk assets.
Crypto majors fall 1-3% after overnight selloff. Zcash confirmed July 28 as the date for its Ironwood upgrade. Robinhood Chain sees $2B+ in DEX volume over weekend with over 800k active addresses. Bitcoin rebounded to $64,000 on the back of the flows this week. Tuesday's CPI print is the last major data point before Warsh's July 28-29 FOMC.
The US-Iran war and Strait of Hormuz's closure are macro drivers of Bitcoin price volatility. Traders are bracing for more macro volatility in the new week. A new BTC price “death cross” forms the latest signal that the bear market may have just months left to run.
Bitcoin fell below $63,000 on Monday as oil prices rose and equity futures retreated after another round of U.S. strikes against Iran. S&P 500 futures fell 0.6%, Dow futures lost 0.4%, and Nasdaq futures dropped 1.3%.
Ecoinometrics delivers professional-grade crypto and macro analysis to help institutional investors and serious traders make data-driven decisions. Over 34,000 professional investors and fund managers subscribe to their newsletter. Bitcoin is starting to stabilize and hold around $64K.
Bitcoin fell 13.4% in Q2 and is down 32.9% for the year, dropping below $60,000 in June for the first time since 2024 and 52% under its October peak of $126,080. It's the third straight quarter of negative returns for the broader Bitwise 10 Large Cap Crypto Index. U.S. spot bitcoin ETPs bled $4.9 billion in the second quarter of 2026, their worst quarter since launching in January 2024. The CFTC approved the first bitcoin perpetual futures at a regulated exchange, Kalshi, and Schwab launched retail spot trading.
Bitcoin closed the week at its 200-week moving average, but is starting Monday with a fresh dip towards it. Inflows into US spot Bitcoin ETFs have resumed after eight weeks of outflows, during which investors withdrew nearly $8.5 billion from the funds. Net inflows into spot BTC ETFs amounted to $197.4 million for the week, while inflows into ETH ETFs totalled $84 million.
Investment in data centers to power artificial intelligence is pushing up prices for memory chips, computer processors and electricity. It's the latest in a series of waves that have boosted inflation. Apple is raising prices for laptops and iPads by about 15% to 25%. Microsoft announced that the price of its Xbox video game console will increase $100 by Aug. 1.
Bitcoin has recovered from recent weakness. The next resistance area is near $65,000, where sellers may become active. The market is trying to sort durable activity from short-term noise. For Bitcoin readers, the important part is the change in context.
Treasury yields gained ground as traders bet on hawkish Fed. Oil prices rallied 9% as traders reacted to surprising developments. SP500 is trying to settle below the 50 MA at 7520. Tech stocks are under strong pressure as traders sell risk assets.
Crypto majors fall 1-3% after overnight selloff. Zcash confirmed July 28 as the date for its Ironwood upgrade. Robinhood Chain sees $2B+ in DEX volume over weekend with over 800k active addresses. Bitcoin rebounded to $64,000 on the back of the flows this week. Tuesday's CPI print is the last major data point before Warsh's July 28-29 FOMC.
The US-Iran war and Strait of Hormuz's closure are macro drivers of Bitcoin price volatility. Traders are bracing for more macro volatility in the new week. A new BTC price “death cross” forms the latest signal that the bear market may have just months left to run.
Bitcoin fell below $63,000 on Monday as oil prices rose and equity futures retreated after another round of U.S. strikes against Iran. S&P 500 futures fell 0.6%, Dow futures lost 0.4%, and Nasdaq futures dropped 1.3%.