7*24

Hot topic

Market

Activities

Major Crypto Price Prediction ChallengeWorld Cup Predictions: 100,000 USDT DailyTradFi Trading Strategies Sharing ChallengeWill Bitcoin break above $65,000 once again? Bitcoin briefly climbed back abo

World Cup Predictions: 100,000 USDT Daily

TradFi Trading Strategies Sharing Challenge

Will Bitcoin break above $65,000 once again?



Bitcoin briefly climbed back above $65,000 before giving up those gains as softer US inflation data boosted risk appetite, but renewed geopolitical uncertainty capped the rally.

According to CoinGecko data, Bitcoin ($BTC) rose to an intraday high of $65,500, its strongest level since June 22, before retreating to around $64,500-$64,800 during Thursday's Asian trading session.

The move came after the US Bureau of Labor Statistics reported that the June Producer Price Index (PPI) fell 0.3% month over month, while annual producer inflation stood at 5.5%.

The agency said the monthly decline was driven by a 1.4% drop in final demand goods prices, even as final demand services increased 0.2%.

Only a day earlier, US consumer inflation had also surprised markets after the Consumer Price Index (CPI) declined 0.4% in June, prompting traders to reassess expectations for Federal Reserve policy.

The latest readings from CME Group's FedWatch Tool also indicated markets had become less convinced that the Federal Reserve would raise rates by 25 basis points at its September meeting.

Meanwhile, institutional demand added another layer of support after spot Bitcoin exchange-traded funds attracted more than $180 million in net inflows following the CPI release, reinforcing the move above the $64,000 resistance area.

Geopolitical tensions erased part of the rally

Bitcoin's advance lost momentum later in the session after renewed geopolitical uncertainty weighed on broader risk sentiment.

Iran's Foreign Ministry said the country currently has no plans to resume negotiations with the United States and remains focused on its defense efforts.

The statement contradicted comments from US President Donald Trump, who had said during a FOX interview that Iran wanted to reach a deal and had already reached out.

Will Bitcoin break above $65,000 once again?

Major Crypto Price Prediction Challenge

On July 16, Counterpoint Research Director Hwang Minsung pointed out that a global DRAM market share of 15% is the baseline for Changxin Technology's long-term survival—falling below this level could 

Opinion: Changxin's DRAM Market Share Expected to Reach 11% by 2028, U.S. Equipment Restrictions May

$LUNC I have been monitoring this coin for so long after it crashed and I guess the community got to face the reality. This coin is basically dead and the hype is over. The burning is basically crap. 

A Bitcoin wallet that had remained inactive for more than eight years has transferred 5,908 BTC worth about $383 million, reviving another long-dormant holding as traders continue tracking large oncha

Dormant Bitcoin wallet moves $383M after more than 8 years

$BREV JUST BOUNCED FROM $0.07 – ALL 3 DAILY INDICATORS BULLISH 🔥 Entry: 0.07 🔥 Target: 0.12 🚀 That July 8 dip to $0.07 got bought fast and now the daily chart is screaming green across all three momen

$ALT IS CONSOLIDATING JUST BELOW A KEY RESISTANCE THAT COULD TRIGGER THE NEXT WAVE 📈 Entry: 0.00652 🔥 Target: 0.00670 🚀 Stop Loss: 0.00620 ⚠️ ALT has been grinding higher with a clear series of higher

Ostium's vault exploit sparks market concern. UMA faces downward pressure, currently testing key support levels. RSR shows slowing momentum, with declining volume patterns indicating potential trend r

On July 16, the Iranian embassy in Lebanon issued a statement declaring that the Strait of Hormuz will not reopen due to U.S. pressure, and that navigation will only resume under 'conditions set by Ir

Iran: Strait of Hormuz Will Not Reopen Due to U.S. Pressure

ALERT 🚨 $LUNC (LUNA CLASSIC) rallies as 4H order blocks tighten volume surges sentiment turns bullish $W (WORMHOLE) anchors cross chain liquidity boosting momentum into $AR (ARWEAVE) where ecosystem g

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksHTX Creation Challenge — Post and Win 1,500U 💥Swift built the thing XRP was supposed to replace. It chose depos

HTX Invites You to Share 600K USDT in Gift Packs

HTX  Creation Challenge — Post and Win 1,500U 💥

Swift built the thing XRP was supposed to replace. It chose deposits.

For fifteen years the loudest promise in crypto was that XRP would replace Swift. Not complement it, not plug into it, replace it: the slow, expensive, pre-funded machinery of correspondent banking swept away by a bridge asset that settles in seconds.It was the thesis that sold the token, filled the conference halls, and outlasted a five-year lawsuit.On July 9, 2026, Swift answered.

The network moved its own blockchain ledger into live operation with seventeen pioneer banks, among them Citi, HSBC, Wells Fargo, UBS, Standard Chartered, and MUFG. The build took nine months. The system runs 24 hours a day across six continents, coordinating cross-border payments on a shared ledger that eliminates the batch windows and cut-off times that made correspondent banking feel like a fax machine. It is, by any fair reading, Swift doing the thing everyone said Swift would never do: shipping blockchain settlement, at scale, with the incumbents, before the disruptor could take the market.

And the asset moving across it is tokenized bank deposits. Not XRP. Not any public token. Banks convert dollars and euros they already hold into digital claims and send those claims to each other directly. No third coin sits in the middle.


Swift built the thing XRP was supposed to replace.

$ETH$I have just closed my position. Let us copy the next trade together.

Goldman Sachs Report Deconstructs the Competitive Landscape of China's AI Large Models: Who Will Be the Long-Term Winner?

Ethereum uses less power than British Museum – Here’s what changed

Why Bitcoin miners are holding 1.19M BTC despite 10% mining stock losses

Bitcoin’s $64,000 Rebound Faces A Real Test As Sellers Wait Near $65,000

Despite $450 Million Increase in Cash, STRC Price Still Falls; It's Never Been About Money

Bitcoin banking adoption hits 32%, but ‘we’re still early,’ says Strategy’s Saylor

CASHCAT drops 32% as a whale cashes out $2.85M – Can $0.10 hold?

Breaking the Offer Price! SpaceX's Stock Price Falls Below the $135 IPO Price for the First Time, Company Bonds Decline Continuously, Yield Reaches 7.5%, Comparable to Junk Bonds

Why DEXE’s post-ATH sell-off could send its price below $30

$ETH$I have just closed my position. Let us copy the next trade together.

All Comments0LatestHot

Trending Topics