Bitcoin Key Developments: ETF Inflows Surge, Marathon Hash Rate Hits 31.5 EH/s - July 7, 2026

Key points

• •Institutional interest in Bitcoin is strengthening, evidenced by US spot Bitcoin ETFs receiving sizeable inflows of $266 million and $143 million recently, marking a notable resurgence since May 2026. This renewed confidence could drive future price appreciation as institutional funds continue to support Bitcoin markets.[Crypto Briefing][Bitcoinist]
• •Bitcoin miners are aggressively expanding capacity, with Marathon Digital reporting their self-mining hash rate climbing to 31.5 EH/s. This surge in hash power follows the recent halving event and indicates a tightening competition that may affect mining difficulty and network security.[Bitcoinist]
• •Bitcoin experienced its highest transaction activity in 17 years during mid-2026, enhancing network utility and market confidence. This surge corresponds with optimistic price targets near $67,500, signaling growing on-chain usage and adoption momentum among users.[Crypto Briefing]
• •Bitcoin's circulating supply on exchanges has dropped to historic lows not seen since 2017, reflecting potential accumulation and reduced selling pressure. This scarcity on exchanges may contribute to upward price trends driven by increased institutional and retail demand.[Crypto Briefing]
• •Japanese corporations are increasingly diversifying treasuries with Bitcoin amid the weak yen, with registered crypto accounts in the country surpassing 2 million. This trend underscores expanding institutional adoption of Bitcoin in Japan’s corporate and financial sectors.[CoinDesk]
• •Bitcoin loans with volatility protection have been introduced through a $2 billion credit facility by Strike, aiming to mitigate price risk for Bitcoin holders and encourage greater participation in Bitcoin financing products. This innovative credit approach could increase liquidity and investor confidence in Bitcoin markets.[Crypto Briefing]
• •Technical advancements in Bitcoin's protocol include the introduction of SIGHASH_ANYPREVOUT, which allows signatures to authorize any UTXO compatible with a transaction. This upgrade enhances flexibility and security for layer-2 protocols like Lightning Network and vault mechanisms without needing new key management.[Cointelegraph Bitcoin]
• •Market dynamics saw Michael Saylor’s firm, Strategy, sell $216 million worth of Bitcoin, a significant departure from its previous position as a major buyer. This shift signals evolving supply dynamics and could influence Bitcoin's durable bottom and pricing trends.[Bitcoin.com News]
• •Bitcoin price action remains volatile as it battles to hold key support near $63,000 amidst fluctuations in US stock markets. Analyst John Bollinger identifies this level as critical, implying that failure to hold could lead to increased downside risk for Bitcoin.[Cointelegraph Bitcoin]

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