Crypto News & Insights for July 2026 - Bitcoin and Altcoins News

Domino

XRP investors are sitting on historic losses right now. The average return metric, MVRV, has hit record lows.

The 30-day MVRV ratio dropped to -45 percent. The 365-day version fell even further, to -47 percent. This means both short-term and long-term holders are deep in the red. XRP has traded for 12 years. In all that time, these timeframes have never shown such weak average returns. Fear and frustration among traders have reached extreme levels.

Here's the interesting part. Moments like this often mark the best entry points. History shows a pattern. When crowd sentiment hits peak pain, and on-chain data shows extreme oversold conditions, bounce odds tend to rise. Santiment, the analytics firm, points to this exact setup.

Technical signals are now lining up with on-chain data. Several things stand out:

- XRP is holding above $1 and consolidating
- The price is forming higher lows
- On the 4-hour chart, XRP climbed back above its 50-period moving average
- It also reclaimed the 100-period moving average

Resistance sits between $1.10 and $1.14. A breakout above this zone could push XRP toward $1.12 to $1.13. Traders are watching this level closely for confirmation of a broader trend shift.

Domino

Bitcoin may have just found its bottom. A rare pattern emerged over the past 30 days. Every investor group started accumulating at the same time. This includes retail traders and large whales alike.

This kind of synchronized buying matters. History shows something important here. When small and large players buy together, it often signals a major price floor forming.

Let's break down who's driving this:

- Wallets holding under 1 BTC increased their buying pace
- Medium whales, holding 10 to 100 BTC, did the same
- Both groups pushed accumulation scores to 0.8-0.9, near maximum levels
- Wallets holding 1,000 to 100,000 BTC stopped selling entirely
- These large holders flipped to net buyers again

The biggest players are moving more cautiously. Their buying pace is slower than smaller wallets. But the shift itself matters more than the speed. These whales sold for months. Now they've reversed course. That reversal alone is a strong signal.

Macro factors are helping too. Weak US jobs data added fuel to this shift. Only 57,000 new jobs were added last month. That's a soft number. It sharply reduced expectations for further Fed rate hikes. Looser monetary policy expectations tend to support risk assets like bitcoin.

Domino

Bitcoin's price drop isn't over yet, according to one popular analyst. A crypto YouTuber known as Rekt Capital made this claim. The channel has 114,000 subscribers.

Rekt Capital sees echoes of 2022 in today's market. Back then, the price decline dragged on much longer. In a new video, the analyst pointed to this parallel directly.

The recent drop was sharp, Rekt Capital admits. But there's a catch. After some recovery, bitcoin will likely keep falling. The analyst expects another redistribution range. This would resemble patterns seen before. The goal of this phase is finding a new bear market bottom.

Here's the key comparison to 2022:

- Back then, the market hadn't hit bottom at a similar stage
- There was still room and time for further decline
- The current cycle shows similar conditions

Timing matters a lot in this analysis. It's been 270 days since bitcoin's last peak. Past cycles tell a different story. Bottoms typically formed around a full year after the previous top. That gap suggests more time may be needed before this cycle bottoms out.

In short, Rekt Capital believes it's too early to call a cycle low. Bitcoin hasn't shown enough signs of reaching bottom yet.

This isn't the analyst's first accurate call. Back in April, Rekt Capital warned that bitcoin's rally might be short-lived. That prediction turned out correct. Time proved the analyst right.

Domino

Former Binance CFO breaks down why crypto keeps sliding

Wei Zhou used to run finances at Binance, the world's largest crypto exchange by trading volume. He recently explained why the crypto market remains stuck in a long bear trend. He also pointed to what could spark the next bull run.

According to Zhou, big bitcoin holders are holding the market back. These whales have taken major losses recently. Bitcoin hit an all-time high of $126,198 on October 6. Just days later, on October 10-11, the market crashed hard. That sharp reversal damaged investor confidence significantly.

Trust issues at Binance itself are adding pressure too. Customers worry about transparency at the exchange, Zhou explained. There's a specific fear driving this. Traders think Binance's systems could get overloaded during sudden market swings. This risk is higher on weekends. Support response times slow down during those periods. Unexpected political events could trigger this kind of volatility spike.

Competition from AI is another factor Zhou highlighted. The AI sector currently offers stronger returns than crypto. This makes it more appealing to investors right now. Making money in AI feels easier than navigating crypto's volatility, according to Zhou.

Looking ahead, Zhou sees a few potential catalysts for change:

- Google or Meta launching their own blockchain platforms
- These platforms letting developers issue tokens
- Faster mainstream adoption of crypto as a result
- Passage of the CLARITY Act in the US

That last point matters a lot. The CLARITY Act would split oversight duties. The SEC and CFTC would share responsibility for digital asset markets. It would also clarify rules around earning yield on stablecoins. Zhou believes lighter regulation could act as a major growth trigger. It would likely boost confidence among large companies too. More corporate participation could follow.

Not everyone agrees on the main cause of the downturn. Mike Novogratz, CEO of Galaxy Digital, offered a different take earlier. He blamed the crash mainly on Michael Saylor's company, Strategy. The firm sold bitcoin recently. The amount was relatively small, just 32 BTC. Yet Novogratz sees it as the key trigger behind the broader sell-off.

Domino

Crypto investors regain their appetite for risk

Just a hint of possible Fed rate cuts was enough. That small signal sparked cautious optimism across crypto markets. Bitcoin and major altcoins both benefited from the shift.

Bitcoin

Bitcoin gained 2 percent between June 26 and July 3. The largest cryptocurrency climbed back above $60,000. Just days earlier, on July 1, it traded below $58,000. Over the seven-day period, BTC rose on three trading sessions. It fell on four sessions.

US labor market data drove much of this movement. The Bureau of Labor Statistics released June figures. Non-farm payrolls grew by only 57,000 jobs. Economists had expected 113,000. Unemployment also dropped, from 4.3 to 4.2 percent. Weak job growth eased fears about upcoming Fed rate hikes. That shift boosted investor appetite for riskier assets.

Long-term holders also helped bitcoin's price. Glassnode defines these as investors holding coins for at least 155 days. This group has been accumulating again over the past 30 days. The scale is modest though, around 100,000 bitcoins total. Compare that to late 2024 and mid 2025. Back then, long-term accumulation reached 400,000 coins during strong rallies.

Glassnode highlighted which wallets drove this buying:

- Wallets holding under 1 BTC showed the strongest activity
- Wallets holding 10 to 1,000 BTC also increased positions
- Larger institutional wallets lagged behind these smaller groups

Spot bitcoin ETFs tell a different story. They've now seen outflows for eight straight weeks. This week's outflow reached $526.64 million. BlackRock's iShares Bitcoin Trust, IBIT, lost the most. Investors pulled $772.65 million from that single fund.

Technical charts still show a downward trend for bitcoin. The price sits below its 50-day moving average. That's a bearish signal. But the Chaikin oscillator offers some hope for buyers. It formed a bullish divergence pattern against price. It also crossed above the zero line. Support and resistance levels sit at $57,735 and $67,253.

The Fear and Greed Index rose eight points this week, reaching 21. That's still deep in extreme fear territory. Sentiment hasn't recovered much overall.

Ethereum

Ether outperformed bitcoin this week, gaining 7.95 percent. ETH bounced off lows near $1,500 and climbed above $1,700. Most of this gain came Thursday, July 2, when ETH jumped 5.64 percent in a single day.

Despite this bounce, the bigger picture looks rough. Ethereum just closed its third straight losing quarter. That's never happened before in its history. ETH also briefly lost its position as the second-largest crypto by market cap. Tether's USDT stablecoin overtook it for a short time. This hasn't happened since 2017.

More bad news came from a new organization called EthLabs. It launched in late June. Community members suspect it aims to replace the struggling Ethereum Foundation. Timing fueled this suspicion. The launch announcement came one day before mass layoffs at Ethereum. It also followed shortly after executive director Hsiao-Wei Wang's departure.

EthLabs denied any plan to replace the Foundation. However, co-founder Ansgar Dietrichs admitted the new group connects directly to Ethereum's governance changes.

Meanwhile, the Foundation's Global Police Strategy team published a report. It's called Ethereum for Governments and Institutions. The report argues Ethereum benefits governments and corporate investors. Its core argument centers on centralized financial systems. These systems carry operational and management risks, the authors say. Software failures, cyberattacks, and political pressure are all possible outcomes. Ethereum avoids these risks, the report claims. Since 2015, its validator network has been globally distributed. It's backed by $76 billion in staked ETH.

Ethereum's ETFs mirror bitcoin's outflow trend. This marks eight consecutive weeks of withdrawals. This week's outflow totaled $13.67 million. BlackRock's staked ETH fund, ETHB, saw the biggest drop, losing $39.22 million.

Technically, Ethereum's trend remains bearish. Price sits below the 50-day moving average. Still, some bullish signals are emerging. The RSI indicator climbed above 50. On the daily chart, ETH is approaching a double-bottom pattern. Price has bounced off $1,500 support twice already. Breaking above $1,850 resistance would confirm this reversal pattern.

Solana

Solana launched a new on-chain governance system called Solana Governance Proposals, or SGPs. Validators staking at least 100,000 SOL can propose network-wide changes. That's over $8 million in staked value. Every proposal goes to a vote. Voting weight depends on staked amount. Results get recorded on-chain and verified through Merkle proofs.

Proposals need support from at least 15 percent of active stakers before reaching a vote. This threshold prevents minor issues from triggering full network referendums. The goal is giving more influence to users who delegate SOL without running validators themselves.

Solana's spot ETFs saw net inflows of $5.75 million this week. Bitwise's Solana Staking ETF, BSOL, led inflows with $8.32 million added.

Solana price jumped nearly 12.5 percent over the week. New governance features and growing institutional demand both helped. SOL climbed back above $80 for the first time since June 2.

Sui

The Sui Foundation announced a partnership with Paga, an African payments platform. Together they plan to develop tokenized real-world assets and other blockchain tools. Paga brings deep knowledge of African payment markets. Sui offers a fast, scalable network infrastructure.

Separately, developer Mysten Labs deployed a testnet update, version 1.74.1. It's built on Protocol 128. The key feature cuts network gas prices significantly. This reduces transaction costs for both users and dApp developers.

These positive updates helped Sui gain over 6 percent for the week.

Gram

Toncoin rebranded to Gram back on June 15. The name change still dominates community discussion. It's also affecting the token's price directly. Major exchanges Binance and Hyperliquid began trading GRAM this week, replacing TON listings. Investors responded positively to the switch. Gram gained nearly 8 percent for the week.

Conclusion

This week brought good news for crypto markets overall. No major political headlines disrupted trading. US economic data became the main price driver instead. Weak jobs numbers pushed investors back toward riskier assets after weeks of selling pressure.

This article does not constitute investment advice. The editorial team's views may differ from those of outside analysts and experts.

Domino

Market Recovers as Bitcoin Climbs Back Above $64,000

Bitcoin regained the $64,000 level after buyers stepped back into the market. The recovery followed a sharp sell-off triggered by Strategy's latest financial report. Despite the initial pressure, bullish momentum returned within hours. 📈

Earlier on Monday, Strategy confirmed the sale of 3,588 BTC at an average price of $60,136. The announcement accelerated market volatility. During the following four hours, futures recorded net selling of approximately $456 million. Liquidations affected traders on both sides, wiping out about $42 million in long positions and $49 million in shorts.

A key difference during the rebound was the return of genuine spot demand. Investors purchased roughly $143 million worth of Bitcoin, marking the strongest spot inflow in several days. At the same time, funding rates remained positive throughout the recent correction, suggesting that market sentiment never fully turned bearish. Open interest in Bitcoin futures also stayed relatively stable at around $20.6 billion.

Several factors continue to attract investors' attention:

* Will Strategy's recent sale trigger additional Bitcoin distributions?
* Could the company's remaining $1.25 billion financing capacity influence future price action?
* Will institutional demand continue to absorb new market supply?

For now, analysts remain relatively optimistic. Strategy still holds 843,775 BTC, making it the world's largest corporate Bitcoin holder. According to Bernstein, the company is not facing forced liquidation risks. Its balance sheet includes approximately 17 months of dividend cash coverage and about $2.55 billion in available reserves.

These financial buffers reduce the likelihood of further emergency sales. As long as institutional buying and spot demand remain healthy, Bitcoin may continue to find support despite periods of elevated volatility. 🚀

Domino

U.S. Bitcoin Reserve Faces a Bureaucratic Roadblock

🏛️ The U.S. government's plan to establish a Strategic Bitcoin Reserve (SBR) has encountered an unexpected obstacle. Federal agencies have yet to agree on who should oversee the country's Bitcoin holdings. Although an executive order signed in March 2025 directed the Treasury to hold the reserve, legal experts questioned whether the department has the authority to manage such a highly volatile digital asset.

🇺🇸 The United States already controls 328,372 BTC, making it the world's largest government Bitcoin holder. At current prices, those holdings are worth about $21.1 billion. Most of the coins were acquired through criminal asset seizures. However, the reserve still exists in practice rather than under a fully established legal framework. The White House continues to review the legal structure, while the Department of Justice is evaluating lawful options for transferring management authority.

Current discussions focus on several key issues:

* Which federal agency should manage the Strategic Bitcoin Reserve.
* How existing laws apply to government-owned digital assets.
* Whether additional legislation will be required before the reserve becomes fully operational.

💡 The debate extends far beyond government administration. It reflects the growing recognition of Bitcoin as a strategic reserve asset and a new category of capital allocation. Public companies were the first to embrace this approach. Now sovereign governments are beginning to follow the same path. El Salvador remains the only country with a formally established Bitcoin reserve and an active accumulation strategy. If legal questions are resolved, the United States could become the next nation to officially adopt one. 🚀

Domino

July's Bullish Momentum Continues to Strengthen 📈

Bitcoin has climbed back above $64,500, signaling a clear improvement in market sentiment. After weeks of uncertainty and heavy selling pressure, buyers have regained control. The broader crypto market is once again showing consistent upward momentum.

🔥 Altcoins are also benefiting from the recovery. Capital is gradually rotating from major assets into higher-risk cryptocurrencies, giving many projects fresh upside potential. Several tokens delivered impressive weekly gains:

* MemeCore: +89%
* Cardano: +25%
* DEXE: +23%
* Bitcoin Cash: +22%
* WhiteBIT Coin: +20%

🧐 Despite concerns surrounding Strategy's recent Bitcoin sale, the market has remained surprisingly resilient. Negative headlines have failed to reverse the current trend. Instead, investors continue accumulating assets, suggesting that confidence is steadily returning.

The latest rally resembles a typical recovery following an extended period of excessive pessimism. At the end of June, many traders expected another sharp decline. Instead, institutional participants appeared to increase their exposure while market sentiment remained weak.

💪 Broad buying activity across the altcoin market is another encouraging signal. A growing number of cryptocurrencies are posting higher highs, indicating that institutional capital may be returning. While the current recovery still has room to continue, periods of correction-driven growth rarely last forever. Investors will be watching closely for the next major catalyst. 🚀

Domino

Altcoins Enter Recovery Phase as Market Conditions Improve 📈

According to analysts at Altcoin Vector, the cryptocurrency market is beginning to shift into a new phase. After an extended period of weak momentum and cautious trading, technical indicators suggest that market structure is gradually improving. Bitcoin has moved out of the capitulation zone, reducing selling pressure across the broader digital asset market.

🔥 As Bitcoin continues to hold above the $60,000 level, altcoins are starting to attract renewed buying interest. Early signs of recovery are becoming more visible, and improving momentum is creating favorable conditions for a corrective rally. If market sentiment continues to strengthen, many alternative cryptocurrencies could outperform during this stage.

Several factors currently support the recovery:

* Bitcoin remains above a key psychological support level.
* Selling pressure has eased across the market.
* Momentum indicators continue to improve.
* Capital is slowly returning to higher-risk digital assets.

⚠️ Despite the encouraging outlook, the recovery remains fragile. Analysts warn that bullish momentum could fade if market optimism pushes technical indicators above the 75% overbought threshold. A renewed wave of Bitcoin selling or weaker macroeconomic conditions could also quickly reverse the current trend.

For now, the window for a corrective advance remains open. However, cryptocurrency markets can change direction rapidly. Traders will likely monitor Bitcoin's stability and overall market liquidity for confirmation that the recovery has further room to develop. 🚀

Domino

Grayscale: Strategy's Bitcoin Sale Could Strengthen Confidence in Its Long-Term Model 📊

Grayscale believes Strategy's recent Bitcoin sale may ultimately reinforce investor confidence rather than weaken it. According to the firm's analysts, reducing a portion of the company's holdings improves the credibility of its financial strategy and could help Bitcoin establish a more stable price floor. The move may also reduce long-term tail risks associated with the company's balance sheet.

🏦 Strategy remains one of the largest corporate Bitcoin holders. The company currently owns approximately $52 billion worth of BTC while carrying about $7 billion in debt. Annual preferred dividend obligations remain below $2 billion. Following the recent asset sale, Strategy increased its cash reserves to roughly $2.55 billion, providing enough liquidity to cover dividend payments for approximately 17 months.

Several financial indicators remain in focus:

* Bitcoin holdings are valued at around $52 billion.
* Total debt stands near $7 billion.
* Cash reserves have reached approximately $2.55 billion.
* Current liquidity covers about 17 months of dividend obligations.

⚠️ JPMorgan takes a more cautious view. The bank argues that Strategy's role as both a major Bitcoin buyer and occasional seller introduces unnecessary two-sided risk. According to its analysts, this dynamic may increase market uncertainty and contribute to higher price volatility.

JPMorgan also recommends that Strategy strengthen its financial position further. The bank believes the company should build enough liquidity to cover 24 to 36 months of future obligations. A larger cash buffer, in its view, would improve balance sheet resilience and reduce concerns during periods of heightened market volatility. 📈

Domino

Bitcoin Could Reach $150,000 This Year, Bernstein Maintains

Investment firm Bernstein continues to project Bitcoin at $150,000 by the end of the year. Analysts believe the current market correction does not invalidate their long-term outlook. Instead, they argue that this cycle is developing differently from previous bear markets.

📊 Since peaking in October 2025, Bitcoin has fallen by roughly 54%. Earlier market cycles saw declines of up to 90%. Bernstein considers the shallower pullback a sign that the cryptocurrency market is becoming more mature. However, analysts caution that it is still too early to declare the correction officially over.

Institutional demand has slowed compared with last year. Public companies and spot Bitcoin ETFs have attracted about $10 billion in new capital this year, versus nearly $60 billion during the previous year. Although spot ETFs recorded net outflows of approximately $5.5 billion, total assets under management remain close to $74 billion. This suggests investor interest has weakened but has not disappeared.

Several factors continue to support Bernstein's bullish outlook:

* Corporate Bitcoin accumulation remains strong.
* Strategy continues to expand its Bitcoin reserves.
* ETF assets remain substantial despite recent outflows.
* The current correction is far smaller than in previous cycles.

🏦 Strategy remains the market's largest corporate Bitcoin holder. Since the beginning of the year, the company has purchased approximately 175,000 BTC, investing around $14 billion. Bernstein notes that Strategy's debt equals only about 13% of the value of its Bitcoin holdings. The company's next major debt maturity is not expected until the third quarter of 2028.

The firm's liquidity position also appears solid. Existing cash reserves are sufficient to cover dividend payments and interest expenses for more than 17 months. According to Bernstein, this significantly reduces the probability of forced Bitcoin sales during the current market downturn.

⚡ Analysts also point to changing dynamics within the mining industry. Strategy's continued purchases have largely offset selling from major U.S. mining companies. Many miners are shifting investment toward artificial intelligence infrastructure, where expected returns are currently higher.

Bernstein believes this trend could reshape the global mining landscape over time. If large American miners continue reducing their Bitcoin operations, a greater share of global hash rate may gradually move to operators in Southeast Asia, Central Asia, and Latin America.

Despite ongoing volatility, Bernstein maintains that Bitcoin's long-term fundamentals remain intact. The firm believes institutional participation, improving market maturity, and resilient corporate demand continue to support the possibility of a move toward $150,000. 🚀

Domino

Realized Bitcoin Losses Approach Historic Highs 📉

Realized losses during the current Bitcoin bear market continue to climb. The total has now exceeded $195 billion, bringing this cycle close to one of the largest capitulation events in the market's history.

▫️ Only the 2023 bear market recorded a higher figure, with realized losses surpassing $210 billion. If selling pressure continues at the current pace, the present cycle could soon establish a new all-time record.

Rising realized losses should be viewed in the proper context. Every major Bitcoin bear market has produced larger dollar losses than the previous one. This reflects the asset's growing market capitalization and broader investor participation rather than a weaker market structure.

Several signals are worth watching:

* Realized losses have already exceeded $195 billion.
* The previous record stands at more than $210 billion.
* Larger losses often accompany the final stages of market capitulation.
* Long-term investors closely monitor these periods for accumulation opportunities.

💡 Historically, extreme realized losses have often marked the point where selling pressure begins to fade. Once weaker holders exit the market, volatility typically decreases and accumulation gradually returns. While no indicator can predict an exact bottom, sustained capitulation has frequently preceded the next recovery phase.

If this pattern continues, the market may be moving closer to another important turning point. As fear subsides and confidence slowly returns, conditions for a longer-term recovery could begin to emerge. 🚀

Domino

Bitcoin Climbs Above $64,000 as Bulls Target the Next Breakout 📈

Bitcoin has moved back above the $64,000 mark, trading near $64,300 and closing in on a new three-week high. The market is now less than $400 away from that milestone. Buying momentum continues to build, giving bulls greater confidence as the recovery gains strength.

🌍 Bitcoin's latest advance comes despite mixed conditions across traditional markets. The U.S. dollar remains relatively firm, while crude oil prices have weakened. WTI crude failed to break above $76 per barrel, and the DXY dollar index has declined for a third consecutive session, approaching its lowest level since mid-June.

Geopolitical risks also remain elevated. Negotiations in Doha ended without an agreement on shipping security in the Strait of Hormuz. In addition, two oil tankers were reportedly struck by missiles on July 7, adding fresh uncertainty to global energy markets.

Several developments are shaping market sentiment:

* Bitcoin has reclaimed the $64,000 level.
* The next major resistance is located near $65,000.
* Oil markets remain under pressure amid geopolitical tensions.
* Investors continue monitoring macroeconomic risks.

🎯 The $65,000 level is now the key technical barrier. A successful breakout above this zone could strengthen bullish momentum and open the door to higher price targets. Many traders view this area as the next major confirmation level for the current recovery.

⚠️ Even so, analysts at QCP Capital urge caution. They believe macroeconomic risks have not disappeared, particularly those linked to the global energy sector. Any sharp deterioration in economic conditions or a renewed increase in market uncertainty could slow Bitcoin's advance, even as the broader trend continues to improve. 🚀

Domino

Trump Refuses to Sign Bill Containing Digital Dollar Ban

🇺🇸 U.S. President Donald Trump has announced that he will not sign a housing bill that includes a provision restricting the creation of a U.S. central bank digital currency (CBDC). Instead, he is urging Congress to approve separate election legislation before he considers signing the measure.

The proposed bill would prohibit the Federal Reserve from issuing a digital dollar or any asset classified as a CBDC until 2030. After that date, the Fed could move forward only with explicit authorization from Congress. The restrictions would not apply to privately issued dollar-backed stablecoins.

Trump tied his decision to the proposed SAVE America Act. The legislation would require voters to present photo identification and proof of U.S. citizenship when registering to vote. The president argued that Congress should prioritize election security before advancing other major bills.

The proposal includes several key provisions:

* A temporary ban on a U.S. CBDC until 2030.
* Congressional approval would be required for any future CBDC issuance.
* Private dollar-backed stablecoins would remain unaffected.
* The bill is linked to broader political negotiations over election laws.

📢 In a post on Truth Social, Trump stated that he would withhold his signature until lawmakers act on the SAVE America Act. He described the failure to pass the legislation as a serious political mistake and urged Congress to move quickly.

Despite Trump's position, the housing bill received overwhelming bipartisan support. It passed the House of Representatives by 358 votes to 32 and cleared the Senate with an 85–5 vote. Those margins exceed the two-thirds threshold required for Congress to override a presidential veto if necessary.

🏛️ The debate comes as U.S. policymakers remain divided over the future of digital currencies. Treasury Secretary Scott Bessent previously said the administration has no plans to launch a digital dollar and encouraged Congress to focus on cryptocurrency regulation through the CLARITY Act. Meanwhile, several U.S. states have also taken steps to limit the use of central bank digital currencies within their jurisdictions. 🚀

Domino

Crypto Market Recovers as ETF Inflows Return

Bitcoin and several major cryptocurrencies ended the week on a positive note, raising hopes that the recent correction may be losing momentum. Although prices have started to recover, analysts remain divided on whether this marks the beginning of a new bull market or simply a temporary rebound.

📈 Bitcoin gained just over 2% during the week and held above the important $60,000 support level throughout the period. Daily price swings remained relatively small, reflecting lower volatility compared with previous weeks. Another encouraging signal came from exchange balances. According to on-chain data, Bitcoin reserves on centralized exchanges have fallen to around 2.4 million BTC, their lowest level since 2017. Ethereum reserves have also dropped to levels not seen since 2015, suggesting fewer coins are immediately available for sale.

Institutional sentiment also improved. Spot Bitcoin ETFs recorded net inflows of nearly $107 million after eight consecutive weeks of withdrawals. BlackRock's IBIT fund attracted the largest share of new capital, receiving more than $205 million. Spot Ethereum ETFs also returned to positive territory, adding almost $66 million, with BlackRock's ETHA leading the inflows.

Several factors are currently supporting the market:

* Bitcoin remains above the key $60,000 support level.
* Exchange reserves continue to decline.
* Spot Bitcoin and Ethereum ETFs have returned to net inflows.
* Institutional demand remains relatively stable.

⚠️ Despite the recovery, not every analyst has turned bullish. CryptoQuant believes the recent price increase is still a relief rally within a broader bear market. Its Bull Score Index remains near 20, well below the 60 level that would signal a confirmed bullish trend. Technical indicators also suggest caution, as Bitcoin continues trading below its 50-day moving average and momentum remains mixed.

🚀 Ethereum also posted modest gains while attracting attention for a different reason. Vitalik Buterin shared new details about the long-term Lean Ethereum roadmap, a multi-year upgrade expected to improve scalability, privacy, security, and network efficiency. Meanwhile, Ethereum's technical picture has strengthened after the price climbed back above its 50-day moving average and the RSI indicator moved above the neutral 50 level.

Several altcoins outperformed the broader market. Zcash advanced after developers prepared the Ironwood upgrade, designed to improve network security following the discovery of a vulnerability in the Orchard pool. Arbitrum gained strong momentum thanks to growing activity around Robinhood Chain, expanding institutional features, and plans for Secret Network to migrate its SCRT token to the Arbitrum ecosystem.

Uniswap also benefited from increasing adoption of Robinhood Chain. Trading volume through the protocol reached approximately $250 million during the week. At the same time, the community began voting on extending the UNIfication token burn program to V4 liquidity pools. If approved, the proposal could increase UNI's deflationary pressure over time.

Overall, market sentiment has improved noticeably compared with June. ETF inflows, declining exchange balances, and stronger institutional participation are providing support. However, analysts continue to warn that confirming a full bull market will require stronger technical signals and sustained demand in the weeks ahead. 📊

Domino

JPMorgan Identifies a New Long-Term Risk for Bitcoin Price

Analysts at JPMorgan believe Strategy's Bitcoin sales are not the biggest long-term threat to the cryptocurrency market. According to the financial group, a larger risk could come from major banks and investment firms moving toward private blockchain networks.

🏦 Traditional financial institutions are increasingly developing their own closed blockchain platforms instead of relying on public networks. JPMorgan analysts explain that these systems provide better control over customer verification, transaction privacy, and regulatory compliance.

If this trend continues, it could reduce capital flows into public blockchain ecosystems. Bitcoin and Ethereum may also face pressure if a significant share of digital asset activity moves into private financial infrastructure.

Key concerns highlighted by JPMorgan include:

* Reduced liquidity in public blockchain networks.
* Lower user activity across open crypto ecosystems.
* Migration of tokenized assets and digital payments to private platforms.
* Potentially weaker demand for public blockchain-based assets.

⚠️ According to the bank's analysts, large financial institutions could eventually process most tokenized assets through their own controlled systems. In this scenario, public blockchains may lose part of their market activity and investment appeal.

However, JPMorgan also sees a more positive possibility for Bitcoin. If the cryptocurrency fully establishes itself as a hedge against inflation and a store of value, its price may become less dependent on the growth of public blockchain infrastructure.

In this case, Bitcoin could continue attracting investors regardless of which technological platforms dominate the digital asset market.

📊 Earlier, Grayscale research head Zach Pandl suggested that Strategy's recent sale of 3,588 BTC could actually strengthen confidence in the company's financial model. He believes the move may help create a more stable Bitcoin price base and reduce concerns about future market pressure.

Domino

Bitcoin's MVRV Falls to the 5th Percentile, Signaling Historic Undervaluation 📊

Bitcoin's MVRV percentile has dropped to just 5. This means the indicator has been higher during 95% of Bitcoin's trading history. Such a reading is exceptionally rare and has historically appeared near major long-term market bottoms rather than during periods of sustained strength.

📉 A similar signal emerged earlier this year when Bitcoin briefly fell below $60,000. At that time, the MVRV percentile also entered the capitulation zone below 10, highlighting extreme market pessimism. Historically, these conditions have often preceded accumulation phases and eventual trend reversals.

Unlike the traditional MVRV ratio, which compares market capitalization with realized capitalization, the percentile model measures today's reading against its own historical distribution. This provides additional context by showing how unusual the current valuation is compared with previous market cycles.

Several factors make the current reading noteworthy:

* The MVRV percentile has fallen to only 5.
* The indicator has been higher during 95% of Bitcoin's history.
* Readings below 10 have historically aligned with major accumulation zones.
* Extreme undervaluation often appears near long-term cycle lows.

🔄 Rather than simply labeling Bitcoin as cheap or expensive, the percentile approach evaluates the probability that current market conditions are statistically extreme. This makes it a valuable tool for identifying periods when fear may have pushed prices well below historical norms.

💡 While no single metric can predict an exact market bottom, MVRV percentile readings below 10 have consistently attracted attention from long-term investors. If history repeats, the current signal could indicate that Bitcoin is entering another important accumulation phase before the next major cycle develops. 🚀

Domino

Bitcoin Holds Above the 200-Week Trend Line as Bulls Eye $67,000 📈

Bitcoin has now closed above its 200-week simple moving average for the third consecutive week. The indicator is currently positioned near $63,322 and continues to act as a key long-term support level. Holding above this zone keeps the bullish outlook intact, but buyers still need a stronger move toward the 200-week exponential moving average near $68,521 to confirm a broader trend reversal.

For now, Bitcoin remains trapped within a volatile range around $60,000. A decisive breakout above resistance could open the door to higher price levels, while failure to build momentum may leave the market vulnerable to another pullback.

Several developments are shaping this week's outlook:

* Bitcoin remains above the 200-week SMA.
* The next major technical target is the 200-week EMA near $68,500.
* Spot Bitcoin ETF inflows stayed positive during four of the last five trading days.
* The Crypto Fear & Greed Index has recovered to 29, moving out of extreme fear.

🛢️ Macro conditions remain uncertain. Iran has once again closed the Strait of Hormuz, while former President Donald Trump has called for tougher sanctions against the country. Rising geopolitical tensions pushed WTI crude above $80 per barrel and Brent crude beyond $90, increasing concerns about inflation and global economic stability.

📉 Despite Bitcoin's recent recovery, on-chain data suggests the rally is not yet fully supported by spot demand. The 30-day spot demand metric has weakened again to approximately -170,000 BTC. Much of the recent price increase appears to have been driven by short covering in futures markets rather than sustained buying in the spot market. This leaves Bitcoin exposed if selling pressure returns.

📊 Investor sentiment has improved modestly. The Fear & Greed Index has climbed from extreme fear into the standard fear zone, signaling that panic is beginning to fade. At the same time, continued inflows into spot Bitcoin ETFs suggest institutional investors are gradually rebuilding exposure.

⛏️ Another encouraging signal comes from the Puell Multiple, which has recovered from its June low of 0.87. Analysts note that the indicator no longer needs to fall below 0.5 to signal attractive long-term buying conditions. As Bitcoin matures, bear market lows have become progressively shallower, indicating reduced selling pressure from miners rather than full-scale capitulation. 🚀

Domino

Peter Brandt Predicts Bitcoin Bear Market Could End in October

📉 Veteran trader Peter Brandt believes the current Bitcoin bear market may reach its final stage in October. According to the investor, the cycle bottom could form around October 4, creating the foundation for the next long-term recovery.

Brandt cautions that Bitcoin could still experience another sharp decline before sentiment improves. In his view, the price may fall below $50,000 and could even test the $40,000 region before a sustainable uptrend begins.

The experienced trader points to one key reason for his outlook. Historically, major market bottoms have formed during periods of widespread panic and exceptionally high trading volume. He argues that today's market sentiment remains too neutral to signal a definitive cycle low.

Several points support Brandt's current view:

* He expects the bear market to bottom in early October.
* Bitcoin could briefly trade below $50,000.
* Panic and heavy volume are typically present at major market lows.
* Current sentiment has not yet reached those historical extremes.

💡 Brandt also questioned whether the current enthusiasm surrounding artificial intelligence stocks can continue over the long term. He believes investors may eventually rotate capital into undervalued assets as market conditions evolve.

For investors deploying fresh capital today, Brandt recommends a balanced approach. He suggests splitting a $10,000 investment equally between Bitcoin and precious metals, arguing that both asset classes currently offer attractive long-term value.

🚀 Looking beyond the current correction, Brandt remains optimistic about Bitcoin's future. He continues to forecast that the cryptocurrency could reach between $250,000 and $300,000 during its next major market cycle, which he expects to peak around 2029.

At the same time, analysts at Glassnode recently identified the $69,000 level as Bitcoin's final major resistance before a broader recovery. While they believe the market is approaching a long-term bottom, they emphasize that clear confirmation of a new bullish trend has yet to appear.

Domino

Fed Holds Rates Steady as Bond Market Signals Growing Concerns

📉 The U.S. Federal Reserve kept its benchmark interest rate unchanged at 3.50%–3.75%, extending its longest pause in monetary policy since 2008. Policymakers reaffirmed that bringing inflation under control remains their top priority, but offered no indication of an imminent rate cut.

Bond markets reacted quickly to the announcement. The yield on the 10-year U.S. Treasury climbed to 4.7%, while the 30-year Treasury yield moved above 5.2%, reaching its highest level since 2007. Rising yields reflect investors demanding greater returns to hold long-term government debt.

Several developments are influencing market sentiment:

* The Federal Reserve left interest rates unchanged.
* Treasury yields continued climbing to multi-year highs.
* Inflation concerns remain a key focus for policymakers.
* Higher borrowing costs are increasing pressure on financial markets.

💥 Investors are becoming increasingly cautious about the long-term outlook for U.S. fiscal policy. Concerns over persistent inflation and expanding government deficits have reduced demand for Treasury bonds, pushing yields even higher. Tighter financial conditions are also weighing on higher-risk assets, including cryptocurrencies.

⚠️ Rising bond yields and a stronger U.S. dollar have historically created headwinds for Bitcoin and the broader crypto market. Higher interest rates make lower-risk investments more attractive, often reducing liquidity available for speculative assets.

📊 At the same time, Bitcoin is facing an environment unlike previous market cycles. Global borrowing costs remain elevated, while demand for liquidity continues to increase. How digital assets perform under these conditions could become one of the defining themes for the remainder of the market cycle. 🚀

Domino

Bitcoin Holds Near $64,000 as Markets Await the Next Major Catalyst 📊

Bitcoin continues to trade near the $64,000 level as investors navigate a mix of macroeconomic uncertainty and weakening market activity. Recent price action has been driven by three major factors: rising oil prices, continued weakness in semiconductor stocks, and expectations surrounding the latest Federal Reserve decision.

📉 Over the past several days, BTC has twice fallen toward $62,700 before recovering. Spot market activity has also slowed significantly, with average daily trading volume dropping to approximately $2.2 billion, one of the lowest levels seen since mid-2023. Lower trading volume often signals hesitation among both buyers and sellers.

Several key factors are shaping the market:

* Bitcoin remains locked near the $64,000 level.
* Spot trading volume has fallen to multi-month lows.
* Oil prices continue to climb on geopolitical concerns.
* Traders are closely watching monetary policy and equity markets.

🛢️ Energy markets remain under pressure after renewed geopolitical tensions involving Iran pushed WTI crude sharply higher. Rising oil prices could keep inflation elevated, making it more difficult for central banks to adopt a more accommodative policy. That scenario would likely remain a headwind for risk assets, including cryptocurrencies.

🏛️ Investors are also focused on the Federal Reserve. Market participants remain divided over the path of interest rates, with expectations split between holding rates steady and another increase. Analysts note that the central bank's forward guidance may have a greater impact than the policy decision itself, as traders look for clues about future monetary policy.

📉 At the same time, selling pressure continues across the global semiconductor sector. Concerns about growing debt levels among major artificial intelligence companies have weighed on technology stocks, dragging broader equity markets lower. Because Bitcoin has maintained a strong correlation with the Nasdaq in recent months, continued weakness in technology shares could limit upside momentum for cryptocurrencies.

📈 From a technical perspective, Bitcoin remains trapped between its 50-day and 200-day moving averages. Important liquidation clusters have formed near $63,500 and $64,900, making these levels critical for short-term price direction. Meanwhile, open interest on CME futures remains close to multi-year lows, while perpetual futures positioning has stabilized around 300,000 BTC, suggesting traders are waiting for a decisive breakout before increasing exposure. 🚀

Domino

Institutional Forecasts for Bitcoin Range from $40,000 to $60,000 📊

Institutional analysts remain deeply divided on Bitcoin's short-term outlook. While some believe the market has already found a bottom, others expect another significant decline before the next recovery begins. The wide range of forecasts highlights the uncertainty surrounding today's macroeconomic environment.

🤔 Standard Chartered believes Bitcoin could establish a floor near $59,000. Galaxy Research expects the correction to extend toward the $40,000–46,000 range, while 10x Research sees the possibility of a decline to approximately $50,000. Such a broad spread of price targets reflects the lack of consensus among major market participants.

Despite the cautious outlook, several on-chain indicators remain constructive. Large Bitcoin holders continue accumulating coins, even as overall trading activity has fallen to levels last seen in 2023. Meanwhile, ETF flows have become more volatile, with recent outflows interrupting a week-long streak of positive inflows.

Key developments to monitor in the coming days:

* The Federal Reserve's policy outlook remains the market's primary catalyst.
* Bitcoin continues trading within the $63,000–65,500 range.
* ETF flows remain inconsistent after recent withdrawals.
* Altcoins continue to underperform Bitcoin.

🏛️ Investors are closely watching signals from the Federal Reserve. Even if interest rates remain unchanged, policymakers' comments could shape expectations for future monetary policy and influence market sentiment over the coming months.

📜 Regulatory developments are also attracting attention. Progress on the CLARITY Act has been pushed back until the autumn, reducing the likelihood of near-term regulatory support for the digital asset industry.

🌍 Geopolitical uncertainty continues to weigh on global financial markets. Any escalation in international tensions could increase demand for safe-haven assets while placing additional pressure on higher-risk investments, including cryptocurrencies.

⚠️ Until a clear catalyst emerges, Bitcoin is likely to remain range-bound. A decisive move above resistance or below support will probably determine the market's next major trend. 🚀

Domino

AI Researchers Expose Weakness in a Post-Quantum Algorithm: What Could It Mean for Bitcoin? 🤖

🚨 An experimental Anthropic AI model reportedly identified a successful attack against HAWK-256, a post-quantum cryptographic algorithm that had been under evaluation by security researchers for nearly two years. According to the report, the AI discovered a hidden mathematical symmetry that significantly reduced the algorithm's security, with the attack estimated to require roughly $100,000 in computational resources.

The findings highlight a major shift in cybersecurity. Artificial intelligence is beginning to assist researchers in discovering cryptographic weaknesses much faster than traditional methods. While the AI reportedly generated the attack in around 60 hours, two human researchers spent nearly a month verifying and confirming the results. This illustrates how AI-assisted research is accelerating far beyond the speed of manual analysis.

Several implications stand out:

* AI is becoming a powerful tool for cryptographic research.
* Security flaws may be discovered much faster than before.
* Human verification remains essential despite AI's speed.
* Post-quantum cryptography is facing increasing scrutiny.

😱 The news has drawn significant attention from the cryptocurrency community. Some analysts estimate that approximately 6.7 million BTC are stored in wallets that could eventually become vulnerable if future quantum-resistant cryptography proves weaker than expected or if migration to stronger standards is delayed.

⚠️ It is important to note that this does not represent an immediate threat to Bitcoin. Today's Bitcoin network is not being broken by artificial intelligence or quantum computers. However, the rapid progress of AI-assisted cryptanalysis reinforces the importance of developing and deploying stronger cryptographic standards before practical quantum attacks become feasible.

🔒 For Bitcoin and the broader cryptocurrency industry, the event serves as another reminder that cryptographic security is constantly evolving. As AI capabilities continue to improve, developers and researchers may need to accelerate the transition toward more resilient post-quantum protection to stay ahead of emerging risks. 🚀

Domino

Japan Launches New Crypto Fund Ahead of Future Crypto ETF Market 🇯🇵

Japan's financial sector continues expanding its presence in digital assets. On August 1, SBI Holdings and game developer Gumi will launch the SBI Crypto Fund with initial assets of 3 billion yen, or approximately $18.3 million. The initiative comes as the country prepares for the future introduction of cryptocurrency exchange-traded funds.

🏦 The new fund is jointly owned by SBI Financial Services, which holds a 51% stake, and Gumi gC Labs, which owns the remaining 49%. Its investment strategy focuses on Bitcoin and leading altcoins, while also generating additional returns through staking. Portfolio rebalancing and hedging tools will be used to help manage market risk.

The fund's investment approach includes:

* Exposure to Bitcoin and major altcoins.
* Additional income through staking.
* Regular portfolio rebalancing.
* Risk management using hedging strategies.

📈 The project has also attracted support from Daiwa Securities Group and several other Japanese investment firms. Gumi has already built a sizable digital asset portfolio, including XRP. As of April 30, the company's crypto holdings were valued at approximately 14.13 billion yen, nearly double the value reported a year earlier.

📜 Japan's long-term regulatory outlook continues to improve. In July, lawmakers approved amendments to the Financial Instruments and Exchange Act (FIEA) and the Payment Services Act (PSA). Under the new framework, cryptocurrency ETFs will be allowed to launch on the Tokyo Stock Exchange beginning in 2028.

🚀 Institutional interest is also gaining momentum. Earlier this year, the Nationwide Business Corporate Pension Fund announced plans to allocate around 1% of its assets to cryptocurrencies. The launch of the SBI Crypto Fund is another sign that Japan is steadily building the infrastructure needed for broader institutional adoption of digital assets.