S&P 5007,753.11▼0.1% Nasdaq26,605.36▼0.3% Dow53,975.98▼0.1% Russell 2K3,017.40▼0.6% 10-Yr4.70%+4bp VIX15.46+0.56 WTI$82.30▲5.3% Gold$4,448.60▲2.5% EUR/USD1.155▲0.2% BTC$63,673▼0.4% Nikkei65,607▼0.1%
At close · Mon, Aug 10, 2026
Daily Market Updates.

Crypto

Home›Crypto›Bitcoin›Bitcoin recovery tests $68,000 resistance as ETFs keep…

Bitcoin recovery tests $68,000 resistance as ETFs keep drawing inflows

Bitcoin was reported trading above $65,800 while spot bitcoin ETFs logged a sixth straight day of inflows.

Reported · Written up by our desk · Bitcoin

Bitcoin’s rebound is hitting what analysts describe as its next key hurdle, with the market approaching the $68,000 resistance area, according to The Block.

The outlet said bitcoin was holding above $65,800 as spot bitcoin exchange-traded funds continued to attract demand for a sixth consecutive day.

Analysts at Bitfinex highlighted the $68,000 level as the next test for whether the recovery can extend beyond current support.

The story frames the resistance area as a near term decision point for traders watching ETF inflows and price behavior around the $68,000 mark.

Latest closeBitcoin $63,673.41 ▼0.4%

← Newer storyUSTR Greer says US is pushing ahead on USMCA talks

More like this

CryptoNew Bitcoin addresses surge to about 330,000 after Coldcard exploit
CryptoStrategy has sold 1,690 BTC for $108.6 million since last week
CryptoStrive keeps SATA preferred dividends at 13% as cash covers 18.3 months
CryptoBitcoin eases toward $64,000 ahead of US CPI
CryptoBitcoin ETFs draw $850 million in inflows after Coldcard hack

Sources

The Block‘Optimistic signals’ meet a $68,000 wall as bitcoin’s recovery faces its next test: analysts

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.