Morning Edition · Tuesday, July 7, 2026
Rising Japanese Yields Test Bitcoin's Footing as ETF Flows Stay Weak
Bitcoin held near $64,000 as higher global bond yields pressured risk assets and spot funds recorded an eighth week of net outflows.

Bitcoin traded near $64,000 on July 7 after reaching about $64,400 overnight, holding a weekly gain of roughly 6% even as macroeconomic conditions turned less supportive, CoinDesk reported. Ether traded near $1,770. The pressure came from J…
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Spot-ETF Flows Set the Marginal Crypto Price
Creation and redemption in spot Bitcoin and Ether exchange-traded funds have become the marginal price-setting flow for the two largest crypto assets, so allocation decisions at a small number of asset managers transmit macro conditions into crypto faster than on-chain fundamentals do.
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- Tether-Backed Dollars Return to Bitcoin Through Client-Side Validation
- Trade Group Fights New York Suit Seeking Ownership of Dormant Bitcoin Wallets