Crypto News Today (July 28): BTC Heading Toward $60K? NFL Calls for Stricter Regulation of Prediction Markets, and Securitize Wins SEC Adviser Status

In crypto news today (July 28), Bitcoin has dropped nearly -3% overnight, losing $65,000 and looking likely to retest $60,000 ahead of today’s FOMC meeting.

Liquidations have picked up as a result, with over $600M in positions blown up since yesterday, and unsurprisingly, more than $530M of that figure has come from long trades.

Yesterday saw a second consecutive day of positive ETF flows for Bitcoin, a metric that is helping the market in its recent rally.

Over $265M BTC was bought via ETFs yesterday, with over $200M of that figure coming from BlackRock’s IBIT after selling nearly $10Bn over the past ten sessions.