U.S. Stock Market Rise Boosts Bitcoin to $64,000

By Galim Kwon Posted : July 7, 2026, 08:24 Updated : July 7, 2026, 08:24
Bitcoin investment sentiment improved as the U.S. stock market rose.

According to CoinMarketCap, Bitcoin was trading at $64,278, up 0.83% from the previous day as of 8 a.m.

The rise is attributed to a rebound in the U.S. stock market. On July 6, the Dow Jones Industrial Average closed at 53,055.91, up 155.84 points (0.29%), marking a record high.

Additionally, inflows into U.S. Bitcoin spot exchange-traded funds (ETFs) contributed to the increase in Bitcoin prices. According to CoinDesk, $221.7 million (approximately 338.9 billion won) flowed into U.S. listed Bitcoin spot ETFs, the largest amount in the past two months. AI semiconductor stocks, which had seen profit-taking, also rebounded.

Major altcoins also saw gains. Ethereum rose 0.83% to $1,808. Solana increased by 0.80% to $82, while Tether was up 0.01% at $0.99.

Meanwhile, at the same time, Bitcoin was trading at approximately 96.56 million won ($63,087) on the domestic exchange Bithumb, reflecting a 3.33% increase from the previous day. The so-called 'Kimchi premium' showed a negative value of -1.95%, indicating that domestic prices were lower than international prices.




* This article has been translated by AI.

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