0252 GMT - Bitcoin is little changed at $65,310.22 in early Asian trading. The cryptocurrency is consolidating around the $64,500 level, supported by healthy investor gains and stable positioning in derivatives markets, says crypto research firm Glassnode analyst Chris Beamish. Speculative appetite is gradually returning, with futures and options open interest increasing, while U.S. spot bitcoin ETF flows have recovered toward breakeven, suggesting institutional selling pressure is easing. However, the growing share of short-term, price-sensitive capital in trading may lead to sharper price volatility, Glassnode adds. (jason.chau@wsj.com)
(END) Dow Jones Newswires
July 20, 2026 22:52 ET (02:52 GMT)
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