Crypto Market Adds $170B in 10 Days as Bitcoin Reclaims $64K

BTC0.66%
XRP1.22%

The crypto market reached a total capitalization of $2.28 trillion on July 11, adding $170 billion in value since July 1, with bitcoin trading just above $64,100. The rally began when Federal Reserve commentary lifted bitcoin back above $60,000 on July 1, followed by recovering exchange-traded fund flows including a $265.69 million single-day inflow on July 6. The market remains far below October 2025 peaks when bitcoin reached around $126,000 before a roughly 50% drawdown.

Aggregate crypto market capitalization stood at $2.28 trillion on July 11, up 1.2% over 24 hours, with daily trading volume near $62.8 billion. Bitcoin, the largest cryptocurrency, traded near $64,100, up 1.39% on the day, giving it a market value of roughly $1.28 trillion and a 56.4% share of the overall market. Ether, the second-largest asset, holds about 9.49% of total capitalization.

US Spot Bitcoin ETFs Record $265.69M Single-Day Inflow on July 6

U.S. spot bitcoin ETFs pulled in $265.69 million on July 6, their strongest day of the month. A $222 million rebound led by Fidelity's FBTC had already snapped a 10-day, $2.73 billion outflow streak in early July. By Friday, the funds recorded a $90.44 million session and sealed their first weekly net inflow since May. Ether products added $18.43 million the same day.

Bitcoin Peaked Around $126,000 in October 2025 Before 50% Drawdown

Bitcoin peaked around $126,000 in October 2025 before a drawdown of roughly 50%. June's slide briefly pushed XRP to a yearly low near $1.01 and squeezed leveraged traders out of the market. The $170 billion rebuild recovers only a fraction of the value erased since the peak. A brief bounce in early June faded within days.

Fed Policy and Inflation Data Release Identified as Key Market Factors

Federal Reserve signals lifted the market off its July 1 floor. The release of U.S. inflation data has been identified as a factor that will likely influence market direction. Monday's ETF flow data will show whether institutions follow through on the first green week since May.

FAQ

What did the crypto market do between July 1 and July 11? The crypto market added $170 billion in value between July 1 and July 11, reaching a total capitalization of $2.28 trillion on July 11, with bitcoin trading just above $64,100.

Why did bitcoin rise above $60,000 on July 1? Federal Reserve commentary lifted bitcoin back above $60,000 on July 1, setting the tone for a steadier market.

How much did US spot bitcoin ETFs pull in on July 6? U.S. spot bitcoin ETFs pulled in $265.69 million on July 6, their strongest day of the month, following a $222 million rebound led by Fidelity's FBTC that snapped a 10-day, $2.73 billion outflow streak.

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