Published Jul 7, 2026, 7:44 AM ET · Updated 4 months ago · 1 source
THE BLOCK: Bitcoin holds near $63,000 after a six-day rally, with spot ETFs adding $266 million on July 6. Some analysts call the bounce a relief rally riding on thin summer liquidity, with 2026 ETF outflows still at $5.4 billion. Others note that 50% of bitcoin:native supply now sits at a loss, a level that's historically marked a bottom.
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Original Report
THE BLOCK: Bitcoin holds near $63,000 after a six-day rally, with spot ETFs adding $266 million on July 6. Some analysts call the bounce a relief rally riding on thin summer liquidity, with 2026 ETF outflows still at $5.4 billion. Others note that 50% of bitcoin:native supply now sits at a loss, a level that's historically marked a bottom.