Bitcoin Holds Above $62K as ETF Inflows Signal Exhausted Selling Pressure
2026-07-13 23:50

Woofun AI reports that Bitcoin remains above $62,000 despite broader market weakness and heightened U.S.-Iran tensions, indicating that recent selling from "weak hands" may be exhausted. Renewed spot crypto ETF inflows and decelerating spot market activity further signal weakening selling pressure.

However, some analysts caution that current price stability is primarily driven by speculative futures trading rather than robust spot demand.

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