Crypto News Today: Bitcoin Reclaims $61K as ETF Inflows Return and Clarity Act Gets Endorsement - CaptainAltcoin
Crypto news today is finally positive for traders. Bitcoin price reclaimed $61,000 yesterday, bouncing from the recent lows near $58,000. Ethereum is back above $1,700 for the first time in over a week. July has started decently for crypto after a brutal June. The total crypto market cap added roughly $100 billion overnight. Liquidations have slowed. The […]
Home»Journal»Crypto News Today: Bitcoin Reclaims $61K as ETF Inflows Return and Clarity Act Gets EndorsementCrypto news today is finally positive for traders. Bitcoin price reclaimed $61,000yesterday, bouncing from the recent lows near $58,000. Ethereum is back above$1,700for the first time in over a week. July has started decently for crypto after a brutal June. The total crypto market cap added roughly $100 billion overnight. Liquidations have slowed. The Fear and Greed Index climbed from 16 to 22 – still in extreme fear, but moving in the right direction. Let us dig into the importantcrypto newstoday. What you'll learn 👉Bitcoin ETF Inflows Return, Robinhood ChainMetaplanet Adds 2,823 BTC to Treasury, US Payrolls ReportFlag Venice: $65M Series A at $1B ValuationClarity Act News: Major Endorsement and SEC SpeechBitcoin On‑Chain Data: SOPR and Retail InflowsFAQsBitcoin ETF Inflows Return, Robinhood ChainOn July 2, Bitcoin spot ETFs recorded a total net inflow of$222 million , breaking a 10‑day streak of net outflows. Ethereum spot ETFs also had a positive day, recording $29. 08 millionin net inflows. This is the first sign that institutional selling may be slowing. The outflow streak that dominated June bled over $4 billion from spot Bitcoin ETFs. One day of inflows does not reverse that trend, but it does indicate the selling pressure is easing. Source: SoSoValueRobinhood launchedRobinhood Chain, an Arbitrum‑based Ethereum L2 built specifically for tokenized stocks and real‑world assets. The move positions Robinhood as a serious player in the RWA tokenization space, directly competing with Solana and Base. The chain is designed to handle the settlement of equities and ETFs on‑chain, offering fractional ownership and 24/7 trading. This is a major step toward bringing traditional finance onto crypto rails. Metaplanet Adds 2,823 BTC to Treasury, US Payrolls ReportMetaplanet resumed buying Bitcoin, adding2,823 BTCand lifting its treasury to43,000 BTC. The purchase came as the stock surged over 10%, highlighting a burst of on‑chain and social activity around the company. Metaplanet has been one of the most aggressive corporate Bitcoin accumulators since early 2025. The continued buying means that corporate conviction remains strong despite the bear market. The US payrolls report showed that the economy added just57,000 jobsin June, well below expectations. Prior months were also revised down. This is a significant miss that could influence Fed policy. Weaker jobs data means the Fed has more room to cut rates. That is bullish for risk assets, including crypto. The market is now pricing in a higher probability of rate cuts by the end of the year. Flag Venice: $65M Series A at $1B ValuationFlag Venice, a privacy‑focusedAIstartup, raised$65 million at a $1 billion valuation. The company has scaled to 3 million users and is profitable. Some in crypto are cheering the move, while others question the valuation. The funding round has split crypto chatter. But it shows that AI and privacy remain hot sectors, even in a bear market. Clarity Act News: Major Endorsement and SEC SpeechThis is the biggest crypto news today. TheNational Organization of Black Law Enforcement Executiveshas become the first major law enforcement organization to publiclyendorse the Clarity Act. Eleanor Terrett broke the news. This is big news, as law enforcement opposition had been a key sticking point in negotiations. 🇺🇸 NOW: The National Organization of Black Law Enforcement Executives becomes the first major law enforcement organization to publicly endorse the Clarity Act, per Eleanor Terrett. pic. twitter. com/iWOWstWnT9— Cointelegraph (@Cointelegraph)July 2, 2026SEC Chairman Paul Atkins delivered a speech on the Clarity Act, stating:“We are taking historic steps to modernize our rules and regulations to facilitate markets’ moving on‑chain. ”That is a direct endorsement of the bill from the head of the SEC. On Polymarket, the odds of the Clarity Act being signed into law in 2026 have climbed to40%. That is up from the 30‑35% range just a week ago. The market is starting to price in passage. Bitcoin On‑Chain Data: SOPR and Retail InflowsBitcoin long‑term holder SOPR just printed0. 615. Holders with 5+ months cost basis are selling at 38. 5% average losses. This reading has only gone below 0. 65 three times: March 2020, October 2022, and July 2023. Three for three at marking cycle bottoms. Meanwhile, Binance retail inflows hit329 BTC/day, the lowest since the exchange was founded. That is down from 2,690 BTC/day at the 2021 peak. The people who need to sell have almost finished selling. The question is whether you are on the same side as the entity that just absorbed 270,000 BTC at $59,000 or on the other side of that trade. OVERALL, Crypto news today is a mix of macro, institutional, and regulatory catalysts. The ETF inflows are a positive reversal. The weak jobs data supports rate cuts. The Clarity Act endorsement and SEC speech are huge. The on‑chain data points to a potential bottom. July is starting well. The bear market may not be over, but the foundation for a recovery is being built. FAQsWhy is Bitcoin price raising❓A combination of ETF inflows ($222M), weak jobs data (57K payrolls), and positive Clarity Act news. The market is pricing in a more dovish Fed and regulatory clarity. Will Clarity Act pass in 2026❓It still depends on a lot of factors, we estimate around 50-50 chance right now. The National Organization of Black Law Enforcement Executives endorsed the bill. SEC Chairman Paul Atkins also spoke in favor of it. Polymarket odds climbed to 40%. How long will it take crypto to recover❓A full recovery depends on theClarity Actpassing andETF inflowsreturning; both of which showed positive signs this week, with the bill gaining a major law enforcement endorsement and ETFs seeing their first inflow in 10 days. However, a true bull market typically requires amacro shift, such as the Fed actually cutting rates, which could take months; based on on-chain bottom signals like theSOPR reading of 0. 615, the price floor may be forming now, but a full recovery could take untillate 2026 or early 2027. Subscribe toour YouTube channelfor daily crypto updates, market insights, and expert analysis.