Bitcoin’s bottom needs long-term holders to stop losing $280M a day
Glassnode says Bitcoin’s bottoming process needs long-term holder capitulation to cool, while the Fed minutes gave exhausted sellers fewer reasons to stop.
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
The ETF rebound has helped stabilize sentiment, but negative on-chain demand and soft U.S. spot-market signals keep the recovery in doubt.
Bitcoin's bounce from a 21-month low rests on a single weak jobs report, and Wednesday's Fed minutes will show whether officials share the market's doubts.
U.S. spot Bitcoin ETFs took in roughly $266 million on July 6, with IBIT supplying about $209 million, making the next few sessions a test of whether ETF demand can keep supporting BTC.
Weak jobs, a softer dollar, and easing Iran-shock pressure put Bitcoin’s $60,000 reclaim on a direct path toward next week’s CPI test.
Polymarket and Kalshi traders price the American striker’s return as a narrow boost before the World Cup knockout match
Law-enforcement opposition to CLARITY is starting to fracture, but Gillibrand’s renewed memecoin ban shows the bill’s path still depends on an ethics deal and seven Senate Democrats.