Bitcoin, Ether extend relief rallies as extreme fear meets renewed ETF buying
CoinTelegraph·
60-second summary
Bitcoin and Ether are extending relief rallies as extreme fear gives way to renewed buying interest, with spot BTC ETFs seeing a $221 million inflow on July 2, marking a significant shift in investor sentiment. This influx of capital is helping to stabilize the market, potentially paving the way for a broader recovery in the crypto space.
Bitcoin and Ether bounced off multi-year lows as dip buyers finally stepped in, and the spot BTC ETFs saw a $221 million inflow on July 2.