The Market Today
US equities are dark on this Saturday, July 5, 2026, but prediction markets and crypto never close. Bitcoin (BTC) is trading at $62,633 (+0.08%), essentially pinned in a range. Ethereum (ETH) sits at $1,764 (-0.16%). The $221.7M ETF inflow on July 2 that snapped a 10-day outflow streak has not led to follow-through; Bitcoin year-to-date net ETF outflows remain at -$5.4B. The macro backdrop is steady: the Fed held at 3.50-3.75% at the June 17 meeting, with the July 28-29 FOMC expected to hold again. PCE inflation is at 3.6%.
The real action was in Houston. Morocco beat Canada 3-0 (Ounahi doubled up, Rahimi added a stoppage-time finish) to advance to the World Cup quarterfinals. Their reward: a date with France, the tournament number-one favorite at 35.8c on Polymarket. That bracket draw changed everything for this portfolio.