DeFi Intel

Bitcoin (BTCUSD) Is down 1.02% on Jul 22: Here Is Why

Bitcoin fell 1.02% to $65,701.27 on Jul 22, driven by hawkish Fed policy repricing after strong labor data and a rise in US 10-year Treasury yields. Institutional spot Bitcoin ETF buying cooled, with profit-taking reducing demand, while long liquidations in perpetual swaps worsened the decline.

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