In crypto news today (July 15), Bitcoin has surged back to $65,000, with an impressive +3.5% move over the past 24 hours. At this time of writing, BTC USD is sitting just under $65K, but if it can close above on a 4-hour candle, a push toward $70,000 could be on the cards.
This move from Bitcoin comes as $181M in inflows were recorded across various BTC ETFs yesterday. This trend of the Bitcoin price action correlating to the direction of ETF flows continues. It is worth keeping an eye on ETF performance for clues as to where BTC is heading.
With the majority of the market spiking higher alongside Bitcoin, a few notable projects are in the red today. Bittensor (TAO) and World Liberty Fi (WLFI) are both down about -1%, while Ethereum (ETH) and Hyperliquid (HYPE) are each up about +5%.
The Fear & Greed Index hasn’t reacted yet to the market-wide spike, jumping just 3 points from yesterday to 25/100, still in ‘Extreme Fear’ territory. If Bitcoin can hold at around or above $65,000 throughout the rest of the week, there is a good chance the index moves toward the ‘Fear’ territory.
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