In this video: Benjamin talks about Bitcoin seasonality in July! Video by Benjamin Cowen.
"New to trading? Join iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now!"
Learn more >>
Bitcoin is trading near $62,076 as of July 8, 2026, experiencing sudden downside pressure after briefly recovering to the $63,300 range earlier in the day. The sudden drop in price has been driven by severe geopolitical flare-ups and renewed macro economic anxieties.
Visit Trading Platform >>
Insights Today
-Strategy's massive liquidation: Michael Saylor’s Strategy disclosed a massive $216 million Bitcoin sale (selling ,588 BTC) to replenish cash reserves.
-Resilient absorption: Despite the scale of Strategy's sell-off, the spot market initially absorbed the supply with minimal price decay before the Middle East conflict escalated.
-ETF flow stagnation: After a brutal June that saw $4.5 billion in total outflows, spot Bitcoin ETFs are seeing highly volatile and mixed institutional demand.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
