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Bitcoin nears bottom amid Middle East tensions and Fed rate hold at 3.50%-3.75%

Market News
11 Jul 2026
AMBCrypto
View Source
Neutral
Bitcoin nears bottom amid Middle East tensions and Fed rate hold at 3.50%-3.75%

Bitcoin has recovered above $64,000 after dipping below $60,000, but faces pressure from Middle East tensions and the Federal Reserve's steady interest rates at 3.50%-3.75%. Inflation concerns and geopolitical risks weigh on sentiment, yet signs like reduced institutional selling and new accumulation around $60k-$63k suggest Bitcoin may be nearing a bottom. Resistance remains strong near $77k and $84k-$85k cost-basis clusters, indicating cautious investor sentiment. The market is pressured but not broken, with regulatory developments like the CLARITY Act still pending and potentially impactful.

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Avalanche (AVAX) holds near $9.50 support amid October decline, with key levels at $8.50 and $10 ahead.

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Avalanche (AVAX) traded around $9.74 on October 21, showing slight gains but continuing its downward trend from October after peaking above $11.50 in late September. Analysts highlight near-term support between $9.50 and $9.60, with broader support z...

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Monero, Venice Token, and PHALA rise as Bitcoin and Ether fall, showing mixed crypto market trends.

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Wallet linked to Fasanara Capital holds $222M in Hyperliquid positions, mostly short on Bitcoin and Ether.

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A wallet associated with Fasanara Capital held $222 million in open positions on the Hyperliquid platform as of October 21, with 86.3% of its exposure in short positions. The largest shorts were $51.53 million in Bitcoin and $51.15 million in Ether, ...

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Bitcoin open interest rises to $8.09B as most crypto assets see increased trading activity

Bitcoin open interest rises to $8.09B as most crypto assets see increased trading activity

Bitcoin's open interest in perpetual futures rose to $8.09 billion on Oct. 21, up 4.04% from Oct. 18, indicating growing trader engagement. Ether followed with $5.69 billion, while XRP saw the largest percentage increase at 5.57%. Solana was the only...

Technical Signals
Neutral
8 hours ago
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