Bitcoin ($BTC) rallied, $50 short of $63,000, on July 3, and Ether ($ETH) outperformed the wider market, pushing to $1,775. The end-of-week rally comes a few days after $BTC fell to a 21-month low and $ETH sank to fresh year-to-date lows. Highlighting the negative sentiment, the Crypto Fear & Greed index registered “Extreme Fear” at 11 out of 100.
That gap between the “Extreme Fear” reading and Friday’s bullish market activity is worth noting. On July 2, US spot Bitcoin exchange-traded funds (ETFs) took in a net $221.7 million, their largest single-day inflow since early May and a break from 10 consecutive days of outflows.
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https://cryptonews.net/news/bitcoin/33099664/
