Bitcoin Breaks Out to $66.6K, Closing the Gap with Equities as ETF Flows Flip Positive
Bitcoin surged past $66,600, a five-week high, with a 13% jump over three weeks, narrowing its performance gap with equities. The move was driven by softer inflation data and U.S. spot Bitcoin ETFs recording net inflows again after months of outflows through May and June. The $4.2B acquisition of Equiniti by Bullish underscores deep-pocketed players positioning for crypto market structure changes.
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