Warm Welcome, Tagus Community, July 23, 2026
Resilient Bitcoin Eyes Breakout: Despite macroeconomic volatility driven by rising oil prices, heightened geopolitical, and a sluggish week for global equities, Bitcoin has continued to outperform both the S&P 500 and Nasdaq for the second consecutive week. The digital asset has remained resilient even as investors navigated renewed uncertainty surrounding the Middle East, elevated Treasury yields, and shifting expectations for US monetary policy with a 25bp rate hike largely priced-in according to US traditional derivatives (OIS). This strength has been supported by a notable recovery in institutional demand, with US Bitcoin ETFs recording seven consecutive days of inflows totalling nearly $1bn.
