In crypto news today (July 7), Bitcoin has surged, sitting comfortably above $63,000 and up +0.7% in the past 24 hours. Liquidations have picked up, with over $532M in positions blown up since yesterday, and interestingly, the split is almost 50/50 between longs and shorts. Yesterday saw a second consecutive day of positive ETF flows..
The post Crypto News Today (July 7): BTC Heading Toward $70K? $20M BONK Hack, and Ripple Gains Full MiCA Compliance appeared first on 99Bitcoins.
Bitcoin rebounds from $61K as traders watch $68K while markets assess Strategy’s reported 3,588 BTC sale and support. Bitcoin rebounded after briefly testing the $61,000 level, keeping traders focused on its recovery structure. The move showed buyers still defending nearby support after recent market pressure. BTC then moved into consolidation as traders watched whether momentum […]
The post Bitcoin Bounces From $61K and Stares Down $68K After the Saylor Shock Fades appeared first on Live Bitcoin News.
Nuvion, an AI-powered global banking and cross-border payments platform, has integrated Ripple USD (RLUSD), extending the stablecoin’s enterprise reach just days after Ripple secured its full MiCA license in Europe. A New Rail for the ‘Compliant Digital Dollar’ Nuvion announced the integration in a press release saying RLUSD will power faster cross-border settlement, treasury and […]
Key takeaways Bitcoin (BTC) dropped below $64,000 despite improving derivatives data. Analysts at QCP note that July has historically been one of Bitcoin’s strongest months, averaging gains of around 7.5%. Glassnode says Bitcoin is showing signs of structural stabilization, with spot selling pressure easing significantly. Bitcoin (BTC) started July on firmer footing, recovering above the […]
The post Bitcoin could drop below $63k as market structure remains volatile appeared first on CoinJournal.
Trump’s Bitcoin reserve plan faces legal review as officials assess Treasury, Commerce and DOJ roles for holding government BTC. The Trump administration’s Strategic Bitcoin Reserve plan is facing legal review over who can hold government BTC. Bloomberg reported that officials are questioning whether the Treasury has clear authority to manage the reserve. The plan was […]
The post Trump Bitcoin Reserve Plan Faces Legal Test Over Who Can Hold Government BTC appeared first on Live Bitcoin News.
Carrying on from Sunday’s retracement, the BTC price slid further on Monday and then dumped quickly, almost reaching $61K. However, as soon as it hit this point, also coming down below the bull market trendline, buyers stepped in and the price was bought up even quicker than it came down. What could be next?
