Crypto News Today: Bitcoin Reclaims $61K as ETF Inflows Return and Clarity Act Gets Endorsement

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 Fear and Greed Index climbed from 16 to 22 – still in extreme fear, but moving in the right direction.

Let us dig into the important crypto news today.

Bitcoin ETF Inflows Return, Robinhood Chain

On 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 million in 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.

Robinhood launched Robinhood 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 Report

Metaplanet resumed buying Bitcoin, adding 2,823 BTC and lifting its treasury to 43,000 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 just 57,000 jobs in 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 Valuation

Flag Venice, a privacy‑focused AI startup, 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 Speech

This is the biggest crypto news today.

The National Organization of Black Law Enforcement Executives has become the first major law enforcement organization to publicly endorse the Clarity Act. Eleanor Terrett broke the news. This is big news, as law enforcement opposition had been a key sticking point in negotiations.

SEC 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 to 40% . 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 Inflows

Bitcoin long‑term holder SOPR just printed 0.615. 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 hit 329 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.

FAQs

Why 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 the Clarity Act passing and ETF inflows returning; 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 a macro shift, such as the Fed actually cutting rates, which could take months; based on on-chain bottom signals like the SOPR reading of 0.615, the price floor may be forming now, but a full recovery could take until late 2026 or early 2027.