Bitcoin fell 1.6% to around $63,855 as traders reduced risk ahead of U.S. inflation data and rising oil prices raised concerns about the Federal Reserve's interest rate path. Ether and XRP also declined, while some altcoins like Hyperliquid and Chainlink gained. U.S. spot Bitcoin ETFs saw net outflows after a strong inflow streak. Brent crude oil prices rose near $88 due to stalled U.S.-Iran talks, fueling inflation fears ahead of the July CPI release on August 12. The market awaits this key inflation data, which will influence Treasury yields and crypto prices. Bitcoin needs to reclaim $65,000 to regain momentum, with support near $63,000 to $64,000 critical to watch.
Trump Media reported a $238 million net loss in Q2 2026, driven largely by $190.4 million in unrealized losses on its cryptocurrency and securities holdings. The company’s Bitcoin holdings decreased slightly to 9,477 BTC valued at $557 million by Jun...
Bitcoin fell to around $63,900 after crude oil prices jumped nearly 5% due to Iran rejecting direct U.S. talks and setting conditions for reopening the Strait of Hormuz. This geopolitical tension pushed investors toward safer assets like the U.S. dol...
Arthur Hayes, BitMEX co-founder, suggests that Japan's use of the Federal Reserve's FIMA repo facility to support the yen could increase dollar liquidity temporarily, benefiting Bitcoin, Ether, and gold prices. Japan coordinated a yen intervention wi...
Trump Media & Technology Group reported a $238.1 million net loss in Q2 2026, largely due to $190.4 million in unrealized losses on digital assets and securities. Despite an 89% revenue increase to $1.67 million driven by advertising and subscription...
Bitcoin fell below $65,000 after failing to hold that level for four days, with ether and XRP leading declines among major cryptocurrencies. The market is cautious ahead of U.S. inflation data, influenced by rising bond yields and higher oil prices. ...
