Svmuu News: Polymarket traders have raised the probability that Bitcoin will reach $67,500 in July to 70%, up from approximately 56% earlier this week.The current market probability of Bitcoin reaching $65,000 stands at 82%, while the probability of it falling below $60,000 is 13%.
The spot Bitcoin ETF recorded net inflows for the fifth consecutive trading day this week, fueling market bets on higher prices. Meanwhile, the Federal Reserve kept its target interest rate range at 3.50% to 3.75%, and new Chair Kevin Warsh shifted the central bank’s communication style toward a strictly data-dependent approach.
Bitcoin Probability of Bitcoin Reaching $67,500 in July Rises to 70%; Spot ETFs See Net Inflows for 5 Consecutive Days
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Source:Odaily · Source Link
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