Analysis: Bitcoin Hits Three-Week High on ETF Inflows and Halving Expectations
By: theblockbeats.news|2025/07/03 13:01:55
BlockBeats News, July 3rd, Standard Chartered Bank stated that as Bitcoin ETF inflows continued and macroeconomic concerns eased, Bitcoin's price surged to $110,279, hitting a three-week high. The market's risk appetite was boosted by the U.S.-Vietnam trade agreement and soft ADP employment data, increasing expectations of a rate cut.
Institutional demand remains strong, with BlackRock's Bitcoin ETF and iShares' newly launched Ethereum ETF both seeing gains. Meanwhile, Ripple has applied for a U.S. banking license, and crypto companies are accelerating their penetration into mainstream finance.
Before Non-Farm Payrolls Release, Fed's September Rate Cut Probability Exceeds 90%
The total non-farm payroll employment for April and May in the United States has been revised upwards by 16,000.
You may also like
Share
Gainers
Latest Crypto News
04:45
Franklin Templeton XRP Spot ETF AUM Surpasses $100 Million
04:45
「ZEC&MON Top Short in History」 Take-Profit Section: The ZEC short position has made a profit of over $5 million, while simultaneously shorting MON has a unrealized gain of nearly $2 million.
04:45
Franklin Crypto Index ETF Adds ADA and 6 Other Tokens
04:45
Web3 robotics company XMAQUINA has announced the completion of a new funding round, led by Borderless.
04:15
「Whale」 Continuously Added to ETH Long Position for Nearly 2 Hours, Increasing Holdings to $8.8 Million
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com