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Bitcoin fails to break $65,600, causing $75M in liquidations amid volatile trading.

Market News
27 Jul 2026
Bitcoin
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Neutral
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Bitcoin experienced sharp volatility on July 27, repeatedly failing to break past the $65,500 resistance level despite easing Middle East tensions. This led to $75 million in liquidations of leveraged long and short positions. Although geopolitical cooling initially boosted risk assets, weak inflows into bitcoin ETFs and regulatory uncertainties capped the rally. Strategy Inc's decision not to increase its bitcoin holdings after raising $544 million removed a key buying catalyst, leaving bitcoin's price flat near $64,300 with a market cap around $1.3 trillion.

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