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Bitcoin Spot Demand Weakens as New Capital Hesitates Despite Continued ETF Inflows

BitcoinJul 21, 2026

Bitcoin spot demand showed continued weakness and new capital hesitation despite Bitcoin ETF inflows extending for a second consecutive week. Institutional options traders separately placed large bets on a $72,000 BTC price by late July, tied to the upcoming Federal Reserve meeting. Bitcoin reclaimed $65,000 during the period, reaching a one-month high of approximately $65,400.

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