$BTC On July 17, 2024, Bitcoin witnessed significant developments. Bitcoin price settled around $64,966 after rising at the beginning of the week. This rise came on the back of increased cash flows to US ETFs, which helped support the price despite the ongoing payment of dues to victims of the Mt. Gox, where approximately 48,641 BTC were transferred to the Kraken exchange as part of the payment process.

As for forecasts, Bitcoin prices are expected to range between $55,250 and $68,150 during July 2024, with the potential to rise to $90,000 by the end of the year as a result of increased institutional adoption and approval of new ETFs. Follow us to receive the latest news.🔔♥️🫵