Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot

Image for article Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot
News Source : CoinDesk

News Summary

  • The price of bitcoin tracked a bounce in equities, but a $390 million ETF outflow streak and 10% odds on landmark crypto legislation leave markets searching for direction.
  • Bitcoin BTC $ 64,087.56 steadied above $63,000 on Monday, clawing back a fraction of last week's losses with a 0.8% gain since midnight UTC.
  • Nasdaq 100 index futures are up 0.5% to their highest point since July 2.
  • The bigger picture is the Clarity Act.
  • Galaxy Research’s head of research, Alex Thorn, cut his odds of the landmark crypto bill becoming law in 2026 to roughly 10% on Aug.
Bitcoin BTC $63,595.01 steadied above $63,000 on Monday, clawing back a fraction of last weeks losses with a 0.8% gain since midnight UTC.

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