Bitcoin recently soared to approximately $65,500, marking a two-week high. On Tuesday, Bitcoin witnessed a 1% increase in value for the day and experienced a significant 5% rise over the past week. This upward trend indicates a growing interest and higher trading volumes, with about $33 billion worth of Bitcoin being traded [Source: Provided Content].
In addition to Bitcoin’s performance, other major cryptocurrencies also reflected positive movements. Ether was priced at $1,922, climbing 3% on the day and a notable 8% across the past seven days. XRP saw similar growth, trading at $1.13, which represents a 3% daily gain and a 6% uplift for the week. Solana reached $78, rising by 2%, while BNB held steady at $574. Dogecoin’s price remained unchanged during this period. Meanwhile, Hyperliquid’s HYPE token was valued at $63, increasing by 4% over the day although it fell in the weekly ranking [Source: Provided Content].
U.S. spot bitcoin ETFs recorded inflows for five straight sessions totaling more than $600 million, a sequence of purchases into exchange-traded products over the recent trading days. Those inflows represent the most sustained institutional buying since mid-July. The ETF inflows reversed an eight-week outflow that ran through late June. The five-session streak marked a shift from the prior multi-week withdrawal trend.
Spot-market volume remained subdued as prices rose. About $33 billion changed hands in BTC during the period. The rally was tied to wider risk appetite and macroeconomic signals. Muted spot-market turnover occurred even as institutional flows into ETFs resumed.
The MSCI Asia Pacific equities gauge rose 2% during the trading session. Benchmarks in South Korea and Taiwan climbed about 4%, China’s gauge increased roughly 7%, and Japan’s Nikkei index advanced 3% in the same period. Samsung and Taiwan Semiconductor were identified as significant contributors to the gains across the region. These index-level movements and the company contributions occurred concurrently during the session, reflecting the reported widespread advances among major Asia-Pacific markets.
Brent crude fell 1% to about $88.58 during the session. Iranian mediators were circulating proposals to ease hostilities, including a 10-day halt in strikes. The Federal Reserve meeting is set for July 28-29, and the odds of a July rate increase were about 15%. A September move remained live. These macro and geopolitical updates were reported alongside the market movements.
Jeff Mei, chief operating officer at BTSE, said, “Current bitcoin and ether prices are low but fair, given the macro uncertainties pervading markets.” “Traders expect rates to hold steady but are looking for more signals as to what’s to come later in the year,” Mei added. Mei’s comments were included in the report alongside the other economic and market updates.
Markets closed with cautious but positive momentum, as major cryptocurrencies showed gains and Asia-Pacific equities rose across benchmarks while macroeconomic uncertainties and geopolitical developments continued to influence investor sentiment.
That combination—marked by institutional ETF inflows, subdued spot-market volume during price increases, and regional equity strength led by major chip and technology names—produced a tentative, measured upswing rather than a decisive directional break in markets.
