The probability of Bitcoin reaching $67,500 in July rises to 70%, with spot ETFs recording net inflows for five consecutive days.
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According to Odaily, Polymarket traders have raised the probability of Bitcoin reaching $67,500 in July to 70%, up from about 56% earlier this week. The current market estimates an 82% probability for Bitcoin reaching $65,000, and a 13% probability for dropping below $60,000.
The spot Bitcoin ETF saw a net inflow for the fifth consecutive trading day this week, fueling increased bets on higher price levels. Meanwhile, the Federal Reserve has kept its target interest rate at 3.50% to 3.75%, and newly appointed Chair Kevin Warsh has shifted the central bank's communication style to a purely data-dependent approach.
The spot Bitcoin ETF saw a net inflow for the fifth consecutive trading day this week, fueling increased bets on higher price levels. Meanwhile, the Federal Reserve has kept its target interest rate at 3.50% to 3.75%, and newly appointed Chair Kevin Warsh has shifted the central bank's communication style to a purely data-dependent approach.
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