Bitcoin Holds Near $65,000 as ETF Inflows Continue
Bitcoin held steady near $65,000 over the weekend session, consolidating after a strong five-day run higher.
Solana led major top 10 movers with a 5.12% weekly gain, while US spot Bitcoin ETFs booked five straight days of inflows, pulling in $853.5 million this week, led by BlackRock's IBIT fund.
The Federal Reserve held rates steady at 3.50-3.75% in July, and a weak jobs print revived rate-cut hopes ahead of next week's inflation data.
Bitcoin traded at $64,963.10, up 0.35% over the past 24 hours, with trading volume reaching $14.49 billion, and its market cap standing near $1.3 trillion.