Tag: Bitcoin

  • Bitcoin’s $9.57 Billion Options Expiry Nears as Volatility Hits Two-Year Low

    Bitcoin’s $9.57 Billion Options Expiry Nears as Volatility Hits Two-Year Low

    Bitcoin is bracing for a major month-end options expiry on Friday, July 31, with approximately 149,000 contracts worth $9.57 billion set to settle. The event arrives as the cryptocurrency trades near its $64,000 max-pain level, a price point that could amplify price swings once contracts are settled.

    Bitcoin Options Expiry Centers on $64,000

    The expiring batch carries a put/call ratio of 0.28, indicating a heavy dominance of call options over puts. Max pain sits near $64,000, close to Bitcoin’s spot price during Friday’s session. Open interest remains concentrated at higher strike prices on Deribit, with the $70,000 and $72,000 strikes each holding about $2.4 billion. The $60,000 strike carries approximately $1.3 billion.

    Across exchanges, total Bitcoin options open interest has climbed to roughly $34.7 billion, according to Coinglass, meaning the expiring batch represents a substantial portion of outstanding exposure.

    Low Volatility Meets Heavy Contract Settlement

    Bitcoin briefly moved above $65,000 early Friday but quickly retreated toward $64,325. The asset has remained within a broad consolidation range for about two months. Live market data showed a Friday range between $63,839 and $65,328.

    Analyst Daan noted that Bitcoin has reached its lowest weekly volatility in two years. That compressed price action now meets one of the market’s largest recent options expiries, raising questions about whether the event could finally disrupt the two-month consolidation.

    Deribit pointed to cautious macro signals continuing to pressure Bitcoin, while identifying market stabilization and renewed capital inflows as key indicators to watch.

    Ethereum Adds $825 Million to Expiry Event

    Around 433,000 Ethereum options contracts also expire Friday, with a notional value near $825 million. The contracts carry a 0.59 put/call ratio and a $1,800 max-pain level. Ether has traded within a narrow range near $1,900 during recent sessions. Total Ethereum options open interest across exchanges remains near $5.4 billion.

    Together, the Bitcoin and Ethereum expiries reach approximately $10.4 billion. Meanwhile, the broader crypto market returned to about $2.3 trillion after losing nearly $25 billion during the week.

    The weekly retreat followed the Federal Reserve’s decision to hold interest rates steady and the resumption of military action between the United States and Iran.

    Market participants will watch settlement flows, capital movement, and price stability for signs of renewed volatility in the days ahead.

  • Crypto Market Update: Bitcoin Steadies at $64,283 as BNB and Hyperliquid Lead Altcoin Gains

    Crypto Market Update: Bitcoin Steadies at $64,283 as BNB and Hyperliquid Lead Altcoin Gains

    Bitcoin held near $64,283 on Friday, maintaining a narrow range after a choppy week. The leading cryptocurrency edged up 0.66% as spot Bitcoin ETF inflows snapped a four-session outflow streak on July 29, bringing some relief to a market that had been under pressure from Federal Reserve positioning and regulatory uncertainty.

    Among altcoins, BNB and Hyperliquid (HYPE) posted the strongest gains, rising over 3% each and outpacing Bitcoin’s steadier pace. The broader market remains cautious, with the CLARITY Act still stalled in the Senate and traders eyeing Friday’s month-end close for directional cues.

    Bitcoin Price Today

    Bitcoin trades at $64,283.69, up 0.66% over the past 24 hours, according to CoinMarketCap data. Its market cap stands near $1.28 trillion, with 24-hour trading volume reaching $26.82 billion. Price action continues to be driven by ETF flow trends and the Fed’s rate outlook.

    Analyst Insights: Bitcoin Needs $65,000 to Confirm Recovery

    Akshat Siddhant, Lead Quant Analyst at Mudrex, noted that Bitcoin is trading near $64,500 but has failed to sustain a move above the $65,000 resistance level. Softer US PCE inflation data, which eased to 3.7% this week—the first monthly decline since 2020—has not yet triggered strong buying participation. Spot Bitcoin ETFs are on track for their weakest monthly inflows on record, with July inflows near just $205 million. Spot trading volumes on major exchanges have fallen nearly 85% year on year. Seasonality also remains a concern, as Bitcoin has posted negative returns in each of the past four Augusts. A close above $65,000 tonight could strengthen momentum, while the $63,000 zone stays key support.

    Technical Breakout Hinges on the $65,000 Zone

    Piyush Walke, Derivatives Research Analyst at Delta Exchange, observed that Bitcoin briefly climbed above $65,000 but failed to hold the breakout. A four-hour close above $64,700 to $65,000 is needed to confirm bullish momentum. Immediate support sits at $64,170, with the next zone between $62,700 and $63,350. Bollinger Bands on the daily chart continue narrowing, signaling that a volatility spike may be approaching. Ethereum needs to clear $1,935 for a move toward $1,950 to $1,980.

    Macro Correlation Keeps Sentiment Cautious

    Nischal Shetty, founder of WazirX, highlighted that crypto continues to trade under broader macro influence. Bitcoin now moves with a 67% correlation to equities and an even higher 93% correlation to gold, indicating that institutional capital increasingly treats crypto as a macro asset. Nearly $144.63 million in long positions were liquidated during the recent pullback. The Crypto Fear and Greed Index sits at 34, firmly in Fear territory. Franklin Templeton’s public support for the CLARITY Act reflects growing institutional demand. Bitcoin trades near $64,199, up 0.06%, while Ethereum sits at $1,901.73, down 0.50%. Support holds between $63,800 and $64,000, with resistance building near $65,000.

    Selective Altcoin Strength Emerges

    Vikram Subburaj, CEO of Giottus, placed Bitcoin near $64,350, broadly unchanged over 24 hours. Investors are weighing easing inflation against the Fed’s hawkish stance, with markets assigning roughly 65% odds of a September rate hike. Recent ETF outflows suggest institutional demand remains cautious. Bitcoin holds immediate support near $63,800 to $64,000, with resistance around $65,300 to $65,500. Large-cap altcoins mostly gained this week, led by BNB with a 2.3% rise, followed by modest XRP and Solana gains. TRON advanced 0.9%. Subburaj advises investors to avoid chasing short-term moves and to focus on staggered buying and disciplined position sizing.

    Crypto Prices Today: Top 10 Coins at a Glance

    Based on live CoinMarketCap data as of today’s session.

    Biggest Gainers: HYPE, BNB, XRP

    Hyperliquid led the top 10 board with a gain above 3%. BNB followed closely, extending its weekly rally past 4%. XRP also posted a steady gain as institutional demand for altcoins picked up pace.

    Biggest Losers: Mid-Cap DeFi Tokens Lag

    Stablecoins and a few mid-cap DeFi tokens stayed largely flat today. Names like Aave and Ethena continue to face thin liquidity, with cautious risk appetite keeping these tokens under pressure.

    Crypto News Today: Top Headlines Impacting Prices

    Regulatory developments and ETF flow data are steering sentiment across trading desks. Traders are weighing these signals against Strategy’s earnings shock and month-end positioning.

    Fed Holds Rates Steady With Three Dissents

    The Federal Reserve held its benchmark rate at 3.50%-3.75% on Wednesday, voting 9-3 for a fifth straight hold this year. Policymakers Hammack, Kashkari, and Logan dissented in favor of a hike. The split vote kept risk assets cautious ahead of September’s meeting.

    CLARITY Act Remains Stalled in the Senate

    The Digital Asset Market Clarity Act still sits on the Senate calendar with no floor vote scheduled. Trump reportedly approved updated ethics language, though Democratic support stays uncertain. The August 10 recess deadline looms as the last realistic window for 2026 passage.

    Bitcoin ETF Inflows Snap Outflow Streak

    US spot Bitcoin ETFs recorded $32.1 million in net inflows on July 29, ending a four-session outflow run. BlackRock’s IBIT led with $89.8 million in fresh inflows. July’s monthly net inflows now stand near $204.7 million, though 2026 remains in deficit overall.

    Morgan Stanley Expands Into Ethereum and Solana

    Morgan Stanley’s new Ethereum and Solana ETPs drew $33 million in combined inflows on their second trading day. MSOL captured all fresh Solana ETF inflows during the session. Low 0.14% fees give both products an early competitive edge.

    Strategy Reports $8.33 Billion Quarterly Loss

    Strategy posted an $8.33 billion operating loss for the second quarter, driven largely by unrealized losses on its Bitcoin holdings. The company’s Bitcoin treasury strategy remains under scrutiny from investors, and corporate crypto exposure is facing renewed market attention.

    Hungary Grants First MiCA License to Local Exchange

    Hungary repealed its mandatory third-party validation rule for crypto conversions this week. Regulators separately granted CoinCash operator Tiwala Solutions the country’s first MiCA license, covering custody, exchange, and portfolio management services—a fresh regulatory milestone across the European market.

    Investor and Market Outlook

    Bitcoin holds near $64,283 as traders weigh returning ETF inflows against a stalled CLARITY Act. A close above $65,300 could open a path toward stronger $66,700 resistance. A slip below $63,800 risks exposing deeper support closer to $62,700. BNB and Hyperliquid remain the most sensitive names to shifts in institutional risk appetite. Ethereum trades near $1,904, holding steady after a volatile week. The Senate’s August 10 deadline stands as this month’s defining catalyst.

    FAQs

    What is the Bitcoin price today?

    Bitcoin trades near $64,283.69, up 0.66% over the past 24 hours. It holds steady after ETF inflows returned this week. Support sits near $63,800, while resistance builds between $65,300 and $66,700 through coming sessions.

    Why are BNB and Hyperliquid outperforming today?

    BNB and Hyperliquid both posted gains above 3% today, outpacing Bitcoin’s steadier move. Renewed institutional interest and stronger weekly momentum are driving demand toward these two large-cap altcoins.

    What is the biggest crypto news today?

    The CLARITY Act’s stalled Senate progress and Strategy’s $8.33 billion quarterly loss are shaping sentiment. Morgan Stanley’s new Ethereum and Solana ETP launch adds a contrasting institutional growth signal this week.

    Which coins are performing best today?

    Hyperliquid and BNB lead gains with rises above 3%, followed by XRP with a steady climb. Mid-cap DeFi tokens including Aave and Ethena remain under pressure.

    What should investors watch this week?

    Track Friday’s month-end close, the CLARITY Act’s August 10 deadline, and Bitcoin ETF flow trends closely. September Fed rate expectations could also shift near-term positioning meaningfully across the broader crypto market.

  • Bitcoin ETF Inflows Rebound as Institutional Interest Returns, BTC Tests Key Resistance

    Bitcoin ETF Inflows Rebound as Institutional Interest Returns, BTC Tests Key Resistance

    US spot Bitcoin ETFs snapped a four-day outflow streak on Wednesday, recording $32.1 million in net inflows as Bitcoin (BTC) stabilized near $64,000. The modest inflows have sparked renewed optimism that institutional investors may be returning to the market after a period of heavy withdrawals.

    According to SoSoValue, the positive momentum continued on Thursday, with BTC ETFs recording another $49.74 million in net inflows. This recovery ends a four-session outflow streak that saw more than $500 million in net withdrawals. Despite this, July has been the worst month for Bitcoin ETF inflows since the products launched, with net inflows standing at approximately $205 million — significantly lower than previous months.

    The muted performance comes after substantial institutional exits totaling around $2.43 billion in May and $4.52 billion in June. However, the total volume of inflows to US spot Bitcoin ETFs remains over $51 billion, underscoring their continued importance as a long-term source of demand for Bitcoin.

    Institutional Activity Contrasts with Retail Sentiment

    While institutional investors have been gradually coming back, retail sentiment remains weak. The Crypto Fear and Greed Index sits at 37 — still in the “Fear” zone. Historically, periods where institutional accumulation coincides with low retail confidence have attracted attention from long-term investors looking for early signs of trend reversals.

    Technical Outlook

    Bitcoin is trading near $64,000 with a bearish near-term bias, remaining below both its 50-day exponential moving average (EMA) at $64,921 and its 200-day EMA at $73,492. The Moving Average Convergence Divergence (MACD) has slipped just below the signal line, indicating fading upward momentum, while the Relative Strength Index (RSI) at 50 reflects neutral demand.

    On the upside, initial resistance sits around $64,921 (50-day EMA), with a further bullish threshold at the June 3 high of $67,516. A sustained move above these levels could strengthen bullish momentum, while failure to reclaim them may keep Bitcoin trading within its current range.

    Broader Crypto ETF Landscape

    Ethereum ETFs have fared somewhat better, attracting around $340 million in July — almost as much as in April and outperforming Bitcoin and other crypto funds. XRP is on track for a fourth consecutive month of inflows, though the sum remains modest at $13.61 million. Solana ETFs sit at $13.82 million.

    FAQs

    1. Why are Bitcoin ETF inflows important for the market? Bitcoin ETF inflows are a key indicator of institutional demand. Rising inflows generally signal growing confidence among large investors, while sustained outflows may reflect weakening sentiment or increased profit-taking.
    2. How much money flowed into US spot Bitcoin ETFs recently? According to SoSoValue, US spot Bitcoin ETFs recorded $32.1 million in net inflows on Wednesday, followed by another $49.74 million on Thursday, ending a four-session outflow streak totaling more than $500 million.
    3. What do the technical indicators suggest for Bitcoin? Bitcoin remains below both its 50-day EMA ($64,921) and 200-day EMA ($73,492), indicating a cautious short-term outlook. The MACD has slipped below its signal line, while the RSI near 50 reflects neutral momentum.
    4. How are Ethereum and other crypto ETFs performing? Ethereum ETFs have attracted approximately $340 million in July, outperforming Bitcoin ETFs during the month. XRP and Solana ETFs have also recorded positive inflows, though totals remain modest.
    5. What price levels should Bitcoin traders watch next? Immediate resistance is near the 50-day EMA at $64,921, followed by the June 3 high around $67,516. A sustained move above these levels could strengthen bullish momentum.
  • Bitcoin ETF Inflows Resume as Institutional Interest Returns

    Bitcoin ETF Inflows Resume as Institutional Interest Returns

    US spot Bitcoin ETFs broke a four-day outflow streak on Wednesday, recording $32.1 million in net inflows as Bitcoin stabilized near $64,000. The modest recovery has sparked cautious optimism among analysts, who see it as a potential turning point for institutional demand.

    ETF Flows Reverse After Four-Day Outflow Streak

    According to data from SoSoValue, US spot Bitcoin ETFs saw $32.1 million in net inflows on Wednesday, ending a streak that had seen over $500 million in net withdrawals. The positive momentum continued into Thursday, with another $49.74 million in inflows.

    Despite this recovery, July remains the weakest month for Bitcoin ETF inflows since the products launched. Net inflows for the month stand at approximately $205 million, a sharp drop from the $2.43 billion in May and $4.52 billion in June. However, total cumulative inflows remain above $51 billion, underscoring the long-term importance of these funds for Bitcoin demand.

    Ethereum ETFs have fared better in July, attracting around $340 million—nearly matching April’s total. XRP and Solana ETFs have also posted positive inflows, though at more modest levels of $13.61 million and $13.82 million respectively.

    Institutional Activity Contrasts with Retail Sentiment

    While institutional investors appear to be gradually returning, retail sentiment remains subdued. The Crypto Fear and Greed Index sits at 37, firmly in the “Fear” zone. Historically, periods where institutional accumulation coincides with weak retail confidence have often attracted long-term investors looking for early signs of trend reversals.

    Technical Structure

    Bitcoin is trading near $64,000 with a bearish near-term bias, remaining below the 50-day EMA at $64,921 and far under the 200-day EMA at $73,492. The MACD has slipped just below its signal line, indicating fading upward momentum, while the RSI at 50 reflects neutral demand.

    On the upside, initial resistance sits at $64,921 (50-day EMA), with a further bullish threshold at the June 3 high of $67,516. A sustained move above these levels could strengthen bullish momentum.

    Why This Matters

    Returning ETF inflows signal renewed institutional interest despite weak retail sentiment. Reclaiming key resistance levels could drive a broader market recovery, but heavy outflows or macroeconomic headwinds could quickly reverse gains.

    Frequently Asked Questions

    1. Why are Bitcoin ETF inflows important for the market?

    Bitcoin ETF inflows are a key indicator of institutional demand. Rising inflows generally signal growing confidence among large investors, while sustained outflows may reflect weakening sentiment or profit-taking.

    2. How much money flowed into US spot Bitcoin ETFs recently?

    US spot Bitcoin ETFs recorded $32.1 million in net inflows on Wednesday, followed by $49.74 million on Thursday, ending a four-session outflow streak totaling over $500 million.

    3. What do the technical indicators suggest for Bitcoin?

    Bitcoin remains below both its 50-day and 200-day EMAs, indicating a cautious short-term outlook. The MACD is below its signal line, and the RSI near 50 reflects neutral momentum.

    4. How are Ethereum and other crypto ETFs performing?

    Ethereum ETFs have attracted approximately $340 million in July, outperforming Bitcoin ETFs. XRP and Solana ETFs have also recorded positive inflows, though totals remain modest.

    5. What price levels should Bitcoin traders watch next?

    Immediate resistance is near the 50-day EMA at $64,921, followed by the June 3 high around $67,516. A move above these levels could strengthen bullish momentum.

  • Bitcoin ETF Inflows Return, Lazarus Group Transfers BTC, and Hungary Eases Crypto Regulations

    Bitcoin ETF Inflows Return, Lazarus Group Transfers BTC, and Hungary Eases Crypto Regulations

    Crypto Market Roundup: Bitcoin ETF Inflows, Lazarus Group Activity, and Regulatory Shifts

    The crypto market saw a series of significant developments on July 30, 2026, as Bitcoin spot ETFs recorded net inflows, North Korea’s Lazarus Group moved a substantial amount of BTC, and Hungary streamlined its crypto regulations. Meanwhile, the CLARITY Act’s chances of passing in 2026 dropped to a new low.

    Bitcoin Spot ETFs See $32 Million Inflow After Outflow Streak

    According to data from SoSoValue, Bitcoin spot ETFs posted a total net inflow of $32.11 million on July 30, ending a four-session outflow streak. BlackRock’s IBIT led the charge with a daily net inflow of $89.83 million, bringing its historical net inflow to $60.42 billion. In contrast, Fidelity’s FBTC recorded the largest daily net outflow at $43.08 million, with a total historical net inflow of $9.96 billion. The combined net asset value of all Bitcoin spot ETFs now stands at $77.46 billion, representing a 6.08% net asset ratio. The historical cumulative net inflow has reached $51.36 billion, signaling renewed institutional interest in the asset class.

    Russia Detains BitRiver Founder in Fraud Investigation

    Russian authorities have escalated their case against Igor Runets, founder of the country’s largest cryptocurrency mining firm, BitRiver. The Zamoskvoretsky District Court of Moscow ordered Runets moved from house arrest to a pre-trial detention center, where he will remain for at least two months pending the investigation. Runets faces charges under Part 4 of Article 159 of the Russian Criminal Code, which covers fraud on an especially large scale committed by an organized group. Investigators allege that Runets and his company were involved in a crypto-mining equipment deal with the energy conglomerate En+ that resulted in damages of 1 billion rubles (approximately $12.5 million).

    North Korea’s Lazarus Group Moves $7.74 Million in Bitcoin

    Blockchain monitoring firm Lookonchain detected a transfer of 121.5 Bitcoin (BTC), valued at roughly $7.74 million, from a wallet associated with North Korea’s Lazarus Group to a new address. The transaction, which occurred on June 6, 2025, is part of the group’s ongoing efforts to launder funds from previous cyber heists. The Lazarus Group has been linked to major cryptocurrency thefts, including the $620 million Axie Infinity hack in 2022 and the $1.7 billion Bybit exploit in 2025.

    Hungary Streamlines Crypto Regulations Under MiCA Framework

    Hungary has taken steps to simplify its crypto regulatory environment. The Hungarian Parliament voted to repeal the country’s mandatory crypto validator rule, which had required certain crypto transactions to undergo third-party approval. This requirement, which took effect on July 1, 2025, operated alongside the European Union’s Markets in Crypto-Assets (MiCA) framework, creating a dual compliance burden for crypto asset service providers. With the repeal, Hungary has aligned more closely with MiCA, also applying a shortened transition period that required compliance by July 1, 2025—one year earlier than the EU’s maximum deadline. As a result, CoinCash has been authorized to resume operations in the country.

    CLARITY Act Odds Hit Record Low of 27%

    Prediction market Polymarket has set the probability of the CLARITY Act becoming law in 2026 at a record low of 27%, following a Senate delay. The Senate postponed action on the crypto market structure bill to consider a Russia sanctions package and federal nominees. Galaxy Digital similarly lowered its estimated probability of passage to 30%. With the Senate now focused on other legislative priorities and the August 8 recess approaching, the window for the CLARITY Act is shrinking. The Senate voted on July 28 to advance the sanctions legislation, leaving fewer working days for the crypto bill.

    Summary of Key Developments

    • Bitcoin ETF inflows: $32.11 million net inflow, led by BlackRock’s IBIT with $89.83 million.
    • Lazarus Group transfer: 121.5 BTC ($7.74 million) moved to a new wallet.
    • BitRiver founder: Igor Runets placed in pre-trial detention in Russia over alleged fraud.
    • Hungary crypto rules: Repeal of validator rule aligns with MiCA; CoinCash resumes operations.
    • CLARITY Act: Odds drop to 27% on Polymarket after Senate delay.
  • Bitcoin Holds Near $63,900 as Fed Pause and CLARITY Act Delay Weigh on Market Sentiment

    Bitcoin Holds Near $63,900 as Fed Pause and CLARITY Act Delay Weigh on Market Sentiment

    Bitcoin traded near $63,903 on Thursday, holding steady after the Federal Reserve kept interest rates unchanged at 3.50%-3.75%. Three policymakers pushed for a quarter-point hike, keeping the tone from turning fully dovish. Ethereum, XRP, and Solana remained range-bound, while ETF outflows and a stalled CLARITY Act kept investors cautious.

    Bitcoin Price Today

    Bitcoin trades at $63,902.66, up 0.01% over the past 24 hours, with a market cap near $1.28 trillion and 24-hour trading volume of $28.33 billion. Price action remains tied to Fed guidance and shifting Bitcoin ETF flow trends.

    Analyst Insights

    Bitcoin Needs $65,000 to Confirm Recovery

    Akshat Siddhant, Lead Quant Analyst at Mudrex, noted that Bitcoin rebounded sharply to $64,700 after the Fed’s decision. US spot Bitcoin ETFs logged a fourth straight day of outflows totaling $526 million this week. Bitcoin now needs to reclaim $65,000 to confirm the recovery, with $63,000 as key support ahead of Friday’s close.

    Fed Dissent Keeps September Hike Odds Alive

    Vikram Subburaj, CEO of Giottus, placed Bitcoin near $64,150 after the Fed’s steady hold. Markets now price roughly a 57% chance of a September hike. Institutional demand weakened, with spot Bitcoin ETFs recording combined outflows of nearly $526.5 million over four sessions. He advised staggering buying and waiting for Bitcoin to clear $66,700 with stronger spot demand.

    Futures Open Interest Hits Two-Month High

    The CoinSwitch Markets Desk reported that Bitcoin briefly moved above $64,000 after the Fed decision but dropped back as the Fed Chair held a firm line on inflation. Futures open interest climbed to a two-month high, and positive funding rates suggest many traders expect higher prices. Bitcoin needs to recover above $64,000 to improve momentum; a fall below $63,300 could trigger fresh selling pressure.

    CLARITY Act Momentum Offers Long-Term Support

    Nischal Shetty, founder of WazirX, said Bitcoin continues trading in a tight range. Developments around the CLARITY Act reinforce long-term adoption optimism. Geopolitical tensions and volatile oil prices keep risk assets on edge, while a softer dollar offers some support. Bitcoin gained 0.50% to $64,186, and Ethereum edged up 0.16% to $1,911.

    Oil Spike and Chip Selloff Add Pressure

    Piyush Walke, Derivatives Research Analyst at Delta Exchange, noted that the Fed’s steady hold met expectations, but equities sold off on hawkish dissent and a geopolitical shock. Bitcoin dipped near 1% to around $63,890. A selloff in Asian chip stocks and a sharp jump in oil prices added pressure. The $62,700-$63,000 zone marks Bitcoin’s first major demand area; a break lower could open a path toward $62,000.

    Crypto Prices Today: Top 10 Coins at a Glance

    Biggest Gainers: DOGE, XRP, BNB

    • Dogecoin led with a gain above 1.2%, extending its bounce from last week’s lows.
    • XRP and BNB also posted solid gains as the Fed’s steady hold eased near-term rate fears.

    Biggest Losers: HYPE, ENA, AAVE

    • Hyperliquid slipped over 1.5%, leading losses among the top 10 names.
    • Ethena and Aave dropped sharply, reflecting weaker demand across mid-cap DeFi tokens.

    Crypto News Today: Top Headlines Impacting Prices

    Fed Holds Rates Steady With Hawkish Dissent

    The Federal Reserve held its benchmark rate at 3.50%-3.75% on Wednesday, matching expectations. Three policymakers pushed for a quarter-point hike. Traders now price roughly 57% odds of a September increase, keeping risk assets cautious.

    SEC Chair Backs CLARITY Act Amid Senate Delay

    SEC Chairman Paul Atkins publicly backed the CLARITY Act, offering technical help. The bill remains stalled after Senate leadership prioritized other floor business. A vote before the August 7 recess now looks unlikely. Analysts say passage would be the year’s biggest regulatory catalyst.

    Bitcoin ETF Outflow Streak Extends to Four Sessions

    US spot Bitcoin ETFs recorded a fourth straight day of net outflows, totaling nearly $526 million. BlackRock’s IBIT product led redemptions. The streak follows a strong mid-July run that had briefly restored confidence.

    Ethereum ETFs Extend Inflow Streak to Third Week

    Ethereum spot ETFs bucked the trend, extending their inflow streak to a third straight week. Morgan Stanley also launched new Ethereum and Solana spot ETPs alongside staking-based funds, adding fresh institutional access points.

    Oil Price Spike Adds Fresh Macro Pressure

    Asian chip stocks sold off sharply, dragging risk sentiment lower. Oil prices jumped, with WTI and Brent crude climbing. Higher oil prices could feed into upcoming inflation readings, complicating the Fed’s rate path.

    Zcash Completes Ironwood Network Upgrade

    Zcash activated its Ironwood upgrade, phasing out a shielded pool flagged for security concerns. The upgrade strengthens privacy infrastructure, and Zcash has posted strong weekly gains, outperforming most large-cap tokens.

    Investor and Market Outlook

    Bitcoin holds near $63,903 as traders weigh the Fed’s steady hold against fragile ETF flows. A close above $66,700 could open a path toward $68,000 resistance. A slip below $62,700 risks exposing deeper support near $61,000. Ethereum trades near $1,900, holding steady after a volatile week. The CLARITY Act’s Senate timeline stands as this month’s defining catalyst for broader market direction.

    FAQs

    What is the Bitcoin price today?
    Bitcoin trades near $63,902.66, up 0.01% over the past 24 hours. Support sits near $62,700, while resistance builds between $65,000 and $66,700.

    Why is the Fed decision affecting crypto prices?
    The Fed held rates steady, but three policymakers pushed for a hike, keeping September rate-hike odds near 57% and pressuring Bitcoin and altcoins.

    What is the biggest crypto news today?
    The CLARITY Act’s stalled Senate progress and a fourth day of Bitcoin ETF outflows are shaping sentiment. Ethereum ETF inflows and Morgan Stanley’s new Solana ETP add a contrasting institutional signal.

    Which coins are performing best today?
    Dogecoin leads with a rise above 1.2%, followed by XRP and BNB. Hyperliquid, Ethena, and Aave post the sharpest losses.

    What should investors watch this week?
    Track Friday’s month-end close, the CLARITY Act’s Senate timeline, and Bitcoin ETF flow trends. GDP and PCE inflation data due soon could shift rate expectations.

  • Bitcoin Price Analysis: BTC Hovers Near $64,000 as Fed Decision Puts Key Resistance in Focus

    Bitcoin Price Analysis: BTC Hovers Near $64,000 as Fed Decision Puts Key Resistance in Focus

    Bitcoin (BTC) is trading around $63,916.87 on Thursday, down 0.23% over the last 24 hours and 2.66% across the past seven days, after the US Federal Reserve left interest rates unchanged. Investors are closely watching the macroeconomic backdrop, institutional appetite, and key technical levels that could determine Bitcoin’s next major directional move.

    Fed Decision Keeps Markets on Edge

    The US Federal Reserve held its interest rate steady at 3.50%-3.75%, matching market expectations. Minutes from the meeting indicated that economic activity has been expanding at a strong pace despite elevated uncertainty. The central bank also noted that job gains have “kept pace with the workforce.” The policy vote was 9-3, with Cleveland, Minneapolis, and Dallas Fed Presidents dissenting in favor of a 25-basis-point rate increase.

    Technical Structure

    BTC price trades close to $64,000, maintaining a bearish near-term bias as it holds below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), with the nearest EMA resistance at $64,967. The Relative Strength Index (RSI) hovers just below 50 on the daily chart, hinting at neutral-to-slightly constructive momentum, but the Moving Average Convergence Divergence (MACD) has slipped into negative territory, suggesting that upside attempts remain vulnerable.

    On the upside, immediate resistance is seen at the 50-day EMA around $64,967, followed by the 100-day EMA near $67,621 and the 200-day EMA close to $73,665. A more distant resistance stands at $84,410. On the downside, immediate support stands at $64,000, and a clear break below this floor would push BTC toward the yearly low of $57,800, set on July 1.

    Institutional Flows and Macro Risks

    According to Glassnode, Bitcoin has underperformed the US dollar during the latest dollar rally, making this one of its weakest relative performances compared with previous market cycles. However, BTC’s current performance ranks among the weakest, with only three of the 20 previous dollar rallies producing a worse performance at a comparable point. The underperformance could continue as the 30-year Treasury Yield rose above 5.20% on Wednesday. Glassnode also highlighted pressure from the three-month Bitcoin futures basis, which has remained below the two-year US Treasury yield since February.

    Bitcoin ETF Recorded Inflows

    According to SoSoValue, Bitcoin spot ETFs recorded a net inflow of $32.10 million on July 29, breaking a four-day outflow streak. BlackRock’s IBIT led with $89.8281 million, bringing its total to $60.421 billion. Fidelity’s FBTC experienced a $43.0832 million outflow, with a total of $9.959 billion. Bitcoin news highlights the ETFs’ net asset value at $77.455 billion.

    FAQs

    1. Why is Bitcoin trading near $64,000 after the Fed meeting?

    Bitcoin remained range-bound after the US Federal Reserve kept interest rates unchanged. Investors are weighing macroeconomic uncertainty, Treasury yields, and institutional demand before making larger directional bets.

    2. What are the key resistance levels for Bitcoin?

    The first resistance lies near the 50-day EMA around $64,967, followed by the 100-day EMA near $67,621 and the 200-day EMA around $73,665. A sustained move above these levels could strengthen bullish momentum.

    3. What support levels should Bitcoin traders watch?

    Immediate support is located around $64,000. If this level fails, Bitcoin could revisit the yearly low near $57,800, making it a crucial area for buyers to defend.

    4. How are Bitcoin ETFs influencing the market?

    Spot Bitcoin ETFs recorded net inflows of $32.10 million, ending a four-day outflow streak. Continued institutional inflows through ETFs are viewed as a positive indicator for long-term market confidence.

    5. Why is Glassnode cautious about Bitcoin’s outlook?

    According to Glassnode, Bitcoin has underperformed during the latest US dollar rally, while higher Treasury yields and weaker futures basis may reduce institutional participation, potentially limiting near-term upside momentum.

    Disclaimer: This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

  • Bitcoin Price Holds at $63,916 After Testing $64,600 Resistance – Key Levels to Watch

    Bitcoin Price Holds at $63,916 After Testing $64,600 Resistance – Key Levels to Watch

    Bitcoin continues to trade near the $64,000 mark on July 30, 2026, with the BTC/USD pair showing a calm but uncertain market phase. The latest price sits around $63,900 to $64,000, while the TradingView 5-minute chart shows the last price near $63,916. The session recorded a wide movement range, with Bitcoin falling toward $63,199 before making a recovery toward higher levels.

    The current market action shows a balance between buyers and sellers. Bulls have defended lower levels after the sharp drop toward $63,200, while sellers continue to block strong moves above the $64,300 area. Bitcoin has not shown a clear breakout direction yet, which keeps traders focused on important support and resistance zones.

    Short-Term Bitcoin Chart Analysis

    The five-minute BTC chart reveals a mixed formation after the price volatility witnessed. Initially, Bitcoin had moved upwards to about $64,600 where it achieved an intraday peak close to about $64,658. Later on, the market underwent some selling pressure leading to a downward movement to $63,199. Following this downward movement, the market received buyers leading to a rebound towards $64,000.

    The latest price action indicates a consolidation phase. Currently, Bitcoin is trading in a tight range with $64,000 being the critical balance. An upward movement beyond this level would spur buying while a decline below the immediate support would increase selling pressure.

    The Relative Strength Index (RSI) in the chart shows approximately 45.82. The value of the indicator is currently below 50, indicating that buyers do not have much power at this moment. The RSI is also far from the oversold area, indicating there is still movement scope in both directions.

    Important Resistance Levels for Bitcoin

    Bitcoin’s first hurdle exists at the $64,050 to $64,100 level. This area has been a quick resistance and could determine if buyers can take prices further up. A strong move past $64,200 could improve sentiment in the market. By approaching this level with considerable volume, the price can also target levels around $64,300 and $64,400. The hardest resistance area is located at $64,600 to $64,650, where sellers have entered previously.

    A breakout above $64,650 could be the way up to higher levels. Still, Bitcoin would need strong buying activity to maintain such a move. Without enough demand, prices could continue to move sideways.

    Key Support Areas Below Current Price

    Bitcoin has immediate support near $63,800 to $63,850. This level holds importance for short-term traders since buyers have defended this region several times during recent sessions. A break below $63,800 could bring attention toward the $63,500 to $63,600 area. This zone acted as a stronger demand region during the recent decline. A deeper fall below $63,500 may expose Bitcoin to another test of the $63,200 level.

    The $63,200 area remains a major support point from the current chart structure. A loss of this level could create additional pressure and may signal a weaker short-term trend.

    Market Factors Affecting Bitcoin Today

    Bitcoin remains sensitive to global financial conditions, especially changes in interest rate expectations and movements in the U.S. dollar. Recent market reports show Bitcoin trading close to $64,000 after the Federal Reserve decision, while traders continue to study future rate signals and liquidity conditions.

    The U.S. dollar also remains an important factor for Bitcoin. A stronger dollar often creates pressure on risk assets, while weaker dollar conditions can support demand for alternative assets such as cryptocurrencies.

    The derivatives market also shows increased activity. Bitcoin futures open interest has reached a higher level, which suggests more traders have active positions around current prices. Higher open interest can create larger price moves when the market chooses a clear direction.

    Why This Matters

    Bitcoin’s current price movement matters as it shows the strength of market demand, investor confidence, and broader financial trends. The $64,000 zone can shape the next short-term direction for traders and investors. Key support and resistance levels help understand possible price changes and market sentiment.

    Bitcoin Price Outlook for the Next Move

    Bitcoin is now at a crucial juncture close to the $64,000 resistance level. Its next movement will depend on whether the buyers manage to overcome the resistance or the sellers manage to bring the price below support.

    For a bullish scenario, Bitcoin needs to hold the $63,800 level, before retracing above $64,200. This scenario could lead the price to $64,500 and then to $64,650 levels.

    If Bitcoin loses the support at $63,800, a bearish scenario could unfold that could point to a price drop even to the $63,500 and possibly to the $63,200 area.

    For now, Bitcoin’s outlook for the short term is neutral. The asset stays stuck between strong support and resistance levels and awaits the signal for a breakout.

    Key Takeaways

    • Bitcoin trades around $63,900–$64,000 after recovering from the $63,199 low.
    • A breakout above $64,200 could push BTC toward $64,500–$64,650.
    • Losing $63,800 support may increase chances of a drop toward $63,200.
  • Why Bitcoin’s Next Big Move Hinges on a Long-Term Trend

    Why Bitcoin’s Next Big Move Hinges on a Long-Term Trend

    Bitcoin stands at an important point after several weeks of mixed price action. The digital asset now trades near $63,702, with an intraday range between $62,772 and $64,053. The latest market action shows that buyers and sellers continue a close battle. Small price swings appear every day, yet the larger picture matters far more than short-term changes.

    Many market experts now pay close attention to one long-term trend instead of daily price movement. This trend has shaped Bitcoin through several market cycles. Past rallies and corrections often respected this pattern, which makes the current stage important for investors and traders across the world.

    Long-Term Trend Still Favors Bitcoin

    The strongest signal comes from Bitcoin’s long-term price structure. The weekly trend remains positive even after the market pulled back from its 2025 high. Long-term moving averages continue an upward path, which suggests that the broader market structure has not lost strength.

    Short-term charts tell a different story. Bitcoin still trades below several important resistance levels. Buyers must push the price above these barriers before fresh momentum returns. A successful breakout could restore confidence across the crypto market. A failure near resistance could keep Bitcoin inside its current trading range for a longer period.

    This difference between the long-term picture and the short-term outlook creates uncertainty. Market participants now watch every major price move with extra attention.

    Institutional Demand Shapes Market Direction

    The price of Bitcoin is increasingly determined by demand from institutional investors. Big investment companies, asset managers, and funds have become more decisive when it comes to sending money to BTC. The acquiring of funds made it possible for investors to generate stable demand for BTC instead of volatile price fluctuations.

    According to recent statistics, Bitcoin ETFs are already experiencing a growth in net inflows after going through a period of decrease. This signals a favorable tendency for Bitcoin, given that demand is among the factors ensuring price stabilization. Nevertheless, analysts describe this recovery as fragile, even though it could result in another BTC price growth if institutional investors remain interested in the coming weeks.

    One of the key aspects related to big investors is their tendency to focus on long-term investments rather than on daily market developments.

    Economic Conditions Remain Important

    Global economic conditions continue to influence Bitcoin more than many expected. Interest rate expectations remain one of the biggest factors behind market sentiment. Investors usually pay close attention to signals from the Federal Reserve before making major financial decisions.

    Lower interest rates often improve market confidence and encourage investment across risk assets such as Bitcoin. Higher rates usually create caution and reduce demand for speculative investments. This relationship has become much stronger during the last few years.

    Financial markets now react quickly to every major economic update. Bitcoin often follows the same pattern, which shows how closely digital assets connect with the wider financial system.

    Technical Levels Could Decide Next Phase

    Market analysts believe Bitcoin now approaches a critical technical zone. A move above key resistance levels could attract fresh buyers and strengthen the current long-term trend. Strong momentum after such a breakout could open the path toward higher price targets.

    A rejection at resistance would create a different outcome. Sellers could regain control and push Bitcoin back toward important support levels. Strong support has protected the market several times during previous corrections. Another successful defense could preserve the broader bullish structure even after temporary weakness.

    Every major market cycle has included periods of uncertainty before a decisive move. The current phase shares many similarities with those earlier moments.

    On-Chain Data Sends Mixed Signals

    Blockchain data presents a balanced picture instead of a clear trend. Miner activity remains relatively stable, which reflects confidence among companies that secure the Bitcoin network. Strong miner participation often supports long-term market health.

    Network activity, however, has not reached levels that usually appear during powerful bull markets. Analysts continue to monitor wallet growth, transaction volume, and other blockchain indicators for signs of stronger demand. These figures have not delivered a full confirmation of the next major rally.

    This combination of stable miner behavior and moderate network activity leaves the market in a waiting phase.

    Why This Matters

    Bitcoin often sets the direction for the entire cryptocurrency market, which makes every major trend highly significant. A strong long-term structure can attract more institutional investment and improve market confidence. The next move could influence digital asset prices, investor sentiment, and future adoption across the global financial sector.

    Outlook for the Months Ahead

    Bitcoin stands at a decisive stage where several powerful forces meet at the same time. A positive long-term trend still supports the market, while institutional investment provides another source of strength. Fresh ETF inflows have improved confidence, although analysts believe that stronger demand must continue before a sustained rally can begin.

    Economic conditions also hold significant influence over future price action. Stable financial markets, improving investor confidence, and continued institutional participation could help Bitcoin regain upward momentum. On the other hand, weak demand near resistance levels and cautious market sentiment could keep prices inside the current range for some time.

    The next major move will likely depend on whether the long-term trend continues to attract large investors while technical resistance finally gives way. Until that moment arrives, Bitcoin remains in a critical position that could shape the direction of the cryptocurrency market for the rest of the year.

    Key Takeaways

    • Bitcoin’s long-term trend remains positive despite recent price weakness.
    • Institutional ETF inflows continue to play a major role in market direction.
    • Technical resistance and economic conditions will likely shape the next big move.
  • Bitcoin ETF Outflows, Luno Layoffs, Morgan Stanley Crypto Trusts, and Myanmar Anti-Scam Law: Top Crypto News

    Bitcoin ETF Outflows, Luno Layoffs, Morgan Stanley Crypto Trusts, and Myanmar Anti-Scam Law: Top Crypto News

    Bitcoin Spot ETFs See $49.75M in Net Outflows

    According to SoSoValue, Bitcoin spot ETFs recorded a total net outflow of $49.75 million yesterday. The Grayscale Bitcoin Mini Trust ETF ($BTC) saw the highest net inflow of $5.08 million, bringing its historical net inflow to $2.65 billion. Conversely, BlackRock’s IBIT led outflows with $54.83 million, though its cumulative net inflow remains at $60.33 billion. Overall, Bitcoin spot ETFs hold a net asset value of $77.23 billion, with a net asset ratio of 6.02% and a cumulative net inflow of $51.32 billion.

    Luno Cuts 20% of Global Workforce

    Crypto exchange Luno announced a 20% reduction in its global workforce as part of a corporate restructuring plan revealed in July 2026. CEO James Lanigan cited the need to adjust the operating structure in response to recent crypto market volatility, including prolonged price declines in Bitcoin, Ethereum, and Solana. The company has invested heavily in automation and process improvements over the past year. Luno currently serves 16 million users across Africa and Asia-Pacific markets.

    Robinhood Chain TVL Reaches $332 Million

    Total value locked (TVL) on Robinhood Chain has climbed to approximately $325 million, with no daily declines since launch. However, daily DEX volume averaged $553 million last week, a 27% drop from the previous week. Active accounts fell to around 275,000 per day, a 7% weekly decline. The DEX volume-to-TVL ratio dropped from 9.25x in mid-July to 1.68x by last Friday. Robinhood Earn’s estimated 7% APY on USDG appears to be a major driver, though trading volume per active account slid to $2,000 from a peak of $2,800.

    Morgan Stanley Launches Ethereum and Solana Trusts

    Morgan Stanley Investment Management launched the Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) on Tuesday, trading on NYSE Arca. Both products charge an annual management fee of 0.14%, among the lowest for U.S. crypto exchange-traded products. They hold digital assets directly, allowing investors to gain price exposure through traditional brokerage accounts without managing wallets or private keys.

    Myanmar Passes Anti-Crypto Scam Bill

    Myanmar’s Parliament approved the Anti-Online Scam Bill on July 28, targeting digital-currency fraud, online scam centers, forced scam labor, and financial networks supporting scams. The state-run Global New Light of Myanmar reported the bill’s full approval. However, the final text, presidential assent, and commencement date are not yet publicly available. Penalties remain based on the May draft and lawmakers’ comments.