TechFlow, July 3 - According to Jinshi Data, Saxo Bank analysts said in a report that Bitcoin rose to a three-week high as macroeconomic concerns eased and continued ETF inflows boosted cryptocurrency sentiment. They noted that the trade agreement between the U.S. and Vietnam lifted market optimism, with tariffs lower than feared. Wednesday's weak ADP private employment report increased bets on Fed rate cuts, further supporting risk appetite. Institutional demand for cryptocurrencies remains strong, driven by gains in BlackRock's Bitcoin ETF and the new iShares Ethereum ETF.
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