Bitcoin Reclaims $65,000 Level, Hits Recovery High on ETF

Bitcoin reclaimed the $65,000 level, hitting a recovery high amid ETF inflows and Iran ceasefire hopes. BTC rose from $62,000 on Friday, driven by risk-on sentiment after ceasefire proposals and stabilizing semiconductor stocks. Spot Bitcoin ETFs saw net inflows for four consecutive days, with $221.7 million on July 3 and $209 million from BlackRock's IBIT on July 6.