Bitcoin up as Strategy Fears Ease

Dow Jones
07/10

1415 ET - Bitcoin is up 1.5% as the market moves on from concerns over Strategy's unprofitable pile of the cryptocurrency--with the bitcoin treasury still billions underwater with an average price of $75,476. Investors have shifted back toward more-traditional indicators to move prices, says CoinDesk in a note. One sign would be an extended period of money returning to bitcoin ETFs, says the firm. "Sustained ETF inflows will signal stabilization of market confidence," CoinDesk says. While ETFs recorded 3 consecutive days with net inflows, yesterday was a net outflow day, according to data from CoinGlass--net outflows were $84.9 million.(kirk.maltais@wsj.com)

(END) Dow Jones Newswires

July 09, 2026 14:15 ET (18:15 GMT)

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