Weekly Wrap: Bitcoin Treads Water As Summer Doldrums Grip Markets
Bitcoin traded around $62,800 on Aug. 14 and stayed rangebound between $60,000 and $65,000, with few catalysts after the Clarity Act was shelved, according to the article. Spot BTC ETF inflows hit about $850 million in a week. It also cites Strategy’s BTC and stock sales, Riot’s 4,300 BTC sale, Gemini’s $107.7M Q2 net loss, and Tether’s KPMG audit.




