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Bitcoin Surges 1.1% After Whale Withdrawal from Binance

Guavy AI Editorial Team
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Bitcoin rose 1.1% to near $64,690 after a whale withdrew over 1,250 BTC ($80.94M) from Binance. According to analyst Ted Pillows, this move suggests large holders expect further gains through long-term accumulation.

US Q2 GDP growth came in at 1.5%, missing forecasts, but strong consumer spending has the Federal Reserve cautious on rate cuts.

Bitcoin's next key level is near $69,000, with spot volume low and ETF outflows returning, reflecting mixed market sentiment.

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