Polymarket traders have raised the probability of Bitcoin reaching $67,500 in July to 70%, the probability of reaching $65,000 to 82%, and the probability of falling below $60,000 to 13%. Spot Bitcoin ETFs have recorded five consecutive days of net inflows. The Federal Reserve maintained its target interest rate at 3.50% to 3.75%, and Fed Chair Kevin Warsh shifted the central bank’s communication style toward a purely data-dependent approach.
Polymarket raises Bitcoin price probability to $67,500; spot ETFs record five-day net inflows
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Summary
Bitcoin’s price today rose to $67,500, with Polymarket indicating a 70% probability of reaching that level by July. Traders see an 82% chance of Bitcoin hitting $65,000 and a 13% risk of dropping below $60,000. Spot Bitcoin ETFs recorded five consecutive days of net inflows. The Fed maintained its rate range at 3.50%–3.75%, while Governor Kevin Walsh shifted to a data-dependent messaging approach. Altcoins may benefit from the ongoing bullish sentiment.
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