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Bitcoin drops below $63K, wiping out $134M in longs ahead of key Fed meeting

Market News
28 Jul 2026
Bitcoin
View Source
Bearish
pluang ai news

Bitcoin fell nearly 2% on Tuesday, briefly dipping to $62,684 before recovering to around $63,660. This sharp decline erased $134 million in leveraged long positions and contributed to $515 million in total crypto long liquidations. The drop comes as investors await critical Federal Reserve signals from Chair Kevin Warsh's press conference and upcoming economic data, which could push Bitcoin toward $70,000 or down to $58,000. Market watchers see this week as pivotal for Bitcoin's direction amid broader macroeconomic events and major earnings reports.

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Alaska Airlines launches nonstop flights from Los Angeles to La Paz, boosting U.S. access to Baja California Sur.

Alaska Airlines launches nonstop flights from Los Angeles to La Paz, boosting U.S. access to Baja California Sur.

Alaska Airlines has started nonstop flights between Los Angeles International Airport and Manuel Márquez de León International Airport in La Paz, Mexico. This new route enhances connectivity for U.S. travelers, especially from West Coast cities, maki...

Market News
Bullish
1 hour ago
AI-driven livestock monitoring market grows with $55M funding amid labor and regulatory pressures

AI-driven livestock monitoring market grows with $55M funding amid labor and regulatory pressures

The global livestock monitoring market is rapidly expanding due to over $55 million in recent funding and increasing regulatory demands, especially in Europe. AI technologies like computer vision, IoT sensors, and predictive analytics are transformin...

Market News
Bullish
1 hour ago
Itron beats EPS estimates by 22% despite 7% revenue drop in Q2 2026.

Itron beats EPS estimates by 22% despite 7% revenue drop in Q2 2026.

Itron reported a strong Q2 2026 with non-GAAP EPS of $1.59, beating analyst estimates by 22.31% for the fourth straight quarter. Revenue fell 7% to $562.9 million due to timing of project deployments, but annual recurring revenue rose 21% to $417 mil...

Company Fundamentals
Bullish
1 hour ago
FirstEnergy plans $36B grid upgrade, expects 6-8% EPS growth by 2030 with Q2 2026 earnings due July 28.

FirstEnergy plans $36B grid upgrade, expects 6-8% EPS growth by 2030 with Q2 2026 earnings due July 28.

FirstEnergy Corp. will report Q2 2026 earnings on July 28, with analysts expecting EPS around $0.50 and revenue near $3.51 billion, driven by rising demand from data centers and industrial clients. The company is investing $36 billion from 2026 to 20...

Company Fundamentals
Bullish
2 hours ago
Saviynt surpasses $300M ARR and launches Zuma, an AI identity security platform for enterprises.

Saviynt surpasses $300M ARR and launches Zuma, an AI identity security platform for enterprises.

Saviynt has exceeded $300 million in annual recurring revenue and grown bookings by over 80%, driven by rising demand for identity security amid AI adoption. The company launched Zuma, a new AI identity security platform that offers real-time visibil...

Market News
Bullish
2 hours ago
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