Bitcoin Rebounds Above $65,000 as Debate Rages Among Traders
Bitcoin has staged a notable recovery in the second half of July, climbing back above $65,000 after a sharp pullback earlier in the month.
The rebound has reopened a familiar debate among traders and investors. Bulls see a base forming above long-term support, while more cautious traders want to see the move hold before calling an end to the downtrend.
According to global digital asset exchange WEEX, this kind of two-way market is exactly where flexible, reliable access matters most.
As of July 27, Bitcoin was trading around $65,400, up about 1.4% over the prior 24 hours. The move marks a firm recovery from earlier in July, when the largest cryptocurrency slipped below the $60,000 mark under heavy selling.
The correction had shown up clearly in fund flows, with U.S. spot Bitcoin ETFs recording about $4.06 billion in net outflows in June, the largest monthly redemption since the products launched in 2024.