Week Ahead: What 109 Days of Bitcoin Outflows Are Telling Us Now

Actionable Market Insights

Bitcoin just posted its longest-ever streak of exchange outflows—surpassing the 2020 setup that preceded a 200% rally. Meanwhile, traders are bracing for this week’s CPI report, which could quietly tip the scales toward a September Fed rate cut.

Crypto Week is underway in Washington, with pivotal legislation on stablecoins and CBDCs up for a vote—potentially reshaping the regulatory landscape. Add to that a high-stakes policy report due July 22, which could lay the groundwork for a federal digital asset strategy. None of this is noise—it’s a convergence of signals most investors aren’t watching closely enough. We break down what it all means—and what comes next.

There’s a strong chance the upcoming July 15 U.S. CPI report either disappoints again or proves to be a non-event. If inflation comes in below expectations, it could increase the likelihood of a September rate cut—an outcome that would be decidedly bullish for Bitcoin.

Only three crypto exchanges still hold more than 150,000 Bitcoin each.

109 consecutive days of BTC balances leaving exchanges (RHS), longest ever