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Morning Edition · Sunday, July 26, 2026Published at 1:29 AM EDT · New York
Bitcoin Trades Near $64,000 as a Shrinking European Central Bank Balance Sheet Competes for Capital
The central bank held rates steady on July 23 while its bond portfolios kept contracting and euro-area lenders tightened credit, reducing the liquidity that risk assets rely on.
Bitcoin traded around $64,000 on July 25, after trading near $65,000 around the European Central Bank's July 23 decision to hold its main rates unchanged. The reference figures put Bitcoin near $66,500 at the July 22 open, according to Yaho…
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