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$RAY Building Bullish Momentum – Breakout Could Ignite the Next Rally.. Trade Setup: Long Entry Zone: 0.7220 – 0.7280 TP1: 0.7450 TP2: 0.7650 TP3: 0.7900 SL: 0.7050 RAY is trading above key intraday s

HTX Invites You to Share 600K USDT in Gift Packs

World Cup Predictions: 100,000 USDT DailyWorld Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBitcoin's Sharpe Ratio slides to lowest since 2022. Here's what it mea

World Cup Predictions: 100,000 USDT Daily

Bitcoin's Sharpe Ratio slides to lowest since 2022. Here's what it means.Bitcoin $BTC$62,867.66 has dropped by 28% so far this year, a brutal slide that looks even worse through the lens of the Sharpe Ratio, a metric professional investors use to determine what slice of their portfolio should be allocated to a specific asset.

The Sharpe Ratio is the gold standard for measuring risk-adjusted returns and was developed by Nobel Prize-winning economist William F. Sharpe.

Bitcoin's 365-day rolling Sharpe Ratio plummeted to -21 at the end of June, the lowest since late 2022, according to data source CryptoQuant. It was recently hovering just short of -20.

This deeply negative reading indicates that a bitcoin investor over the period took on extra market volatility while generating a return far worse than they could have earned on a risk-free investment, such as the 10-year U.S. Treasury note. The benchmark bond recently offered a yield of around 4.45%.


$BTC's Sharpe Ratio slides to nearly -20. (CryptoQuant, Joao Wedson)
The Sharpe Ratio is calculated by subtracting the risk-free rate from the asset's total return over a specific period, then dividing the result by the asset's standard deviation (a measure of price volatility). A positive ratio means investors are being rewarded for taking the volatility risk. A negative ratio suggests they are being punished.

Professional investors don't just look at a coin's price relative to its long-term average to assess whether it's cheap. They use metrics such as the Sharpe Ratio to determine position sizing.

Imagine two coins: A and B. Coin A has fallen 30% from its recent high, but in a fairly steady way. Coin B has also fallen 30%, but its price is all over the place, jumping up and down by big percentages every day. Looking only at the drop from the high, both coins look equally “cheap.”


Bitcoin's Sharpe Ratio slides to lowest since 2022

Bitcoin is now at the “slight leverage” level, and here is why it matters right now. After the deleveraging event we saw in recent weeks, traders are starting to overload the market with leveraged pos

Bitcoin is now at the “slight leverage” level, and here is why it matters right now.

After the deleveraging event we saw in recent weeks, traders are starting to overload the market with leveraged positions again, probably under the belief that the price bottom is already in.

This can last for a few more days until high leverage returns once again.

Periods of aggressive leverage are terrible for the market because they signal that many liquidations may be ahead.

If leverage keeps increasing again, I do not believe in a price rally. I believe in more downside.

And as I said before, I am still waiting for the blue and purple zones, because those are extreme deleveraging events that historically offered better conditions to position with more confidence.

Right now, the best move is simply to wait and monitor the data.

Bitcoin is now at the “slight leverage” level, and

HTX Creation Challenge — Post and Win 1,500U 💥World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift Packs MSTR Jumps 8% After Strategy Sells Bitcoin To Fund Dividends Str

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

MSTR Jumps 8% After Strategy Sells Bitcoin To Fund Dividends

Strategy shares rose about 8% Monday after the company disclosed that it sold 3,588 BTC for about $216 million to fund preferred-stock dividends across its digital credit securities.

MSTR recently traded near $100.77, up about 7.9% on the session. Bitcoin traded near $61,600 after reaching an intraday high above $63,800, leaving Strategy’s stock move stronger than the underlying BTC rebound.

The sale covered quarterly dividends on STRF, STRE, STRK and STRD, along with the June monthly dividend on STRC. Strategy ended the period with 843,775 BTC and $2.55 billion in USD reserves.

The transaction was materially larger than Strategy’s first 2026 Bitcoin sale, when it sold 32 BTC for about $2.5 million to fund preferred distributions.



MSTR Jumps 8% After Strategy Sells Bitcoin To Fund

The Digital Asset Market Clarity Act missed the July 4 signing deadline that White House crypto adviser Patrick Witt had floated in May, and the bill is now operating on a hard four-week runway before

CLARITY Act Faces Four-Week Senate Deadline Before August Recess

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$ADX HOLDS CRITICAL SUPPORT ZONE — BULLS LOADING UP 🚀 Entry: 0.0555 - 0.0565 🔥 Target: 0.0575 🚀 Stop Loss: 0.0520 ⚠️ ADX has held above the 0.0555 support for the third consecutive session, and the da

The first Bitcoin bottom signal since November 2022 has already triggered. But June became the worst month in BTC ETF history - net outflows totaled $4.5B, IBIT closed 8 straight weeks in the red, and

🚀 $SENT {spot}(SENTUSDT) /USDT Breakout Watch! A High-Potential Setup Is Forming 🔥 $SENT is holding above a key support zone after recent volatility. If buyers reclaim the next resistance, this could 

World Cup Predictions: 100,000 USDT DailyBTC Prophet: 20-Day 380 Million HTX ChallengeHTX Invites You to Share 600K USDT in Gift PacksMichael Saylor's Strategy dramatically ups pace of bitcoin sales, 

BTC Prophet: 20-Day 380 Million HTX Challenge

Michael Saylor's Strategy dramatically ups pace of bitcoin sales, raising $216 millionStrategy (MSTR) sold 3,588 bitcoin for approximately $216 million last week, reducing its total holdings to 843,775 $BTC, according to a Monday SEC filing.

The company said proceeds from the bitcoin sales will be used to fund distributions on its preferred stock and replenish the portion of its U.S. dollar reserve used for those payments. As of July 5, the USD reserve totaled $2.55 billion.

The latest sales were executed at an average price of roughly $60,000 per bitcoin and are dramatically higher than the 32 bitcoin sold by the company about one month ago, which sent crypto prices plunging. Strategy currently holds 843,775 $BTC acquired for approximately $63.69 billion, or an average purchase price of $75,476 per bitcoin.

Strategy also said it did not sell any shares under its at-the-market equity program during the week ended July, and did not repurchase any shares under its buyback programs. The company added that the full $1.25 billion capacity under its recently announced $BTC Monetization Program remains available.

Strategy shares are down 2% in pre-market trading and bitcoin has given up much of its weekend gain, trading down to $61,900 from $62,900 prior to the announcement.

Michael Saylor's Strategy dramatically ups pace of

World Cup Predictions: 100,000 USDT DailyBTC Prophet: 20-Day 380 Million HTX ChallengeHTX Creation Challenge — Post and Win 1,500U 💥 Bitcoin $BTC$62,788.28 is trading at $62,800 on Monday, a notable t

Bitcoin $BTC$62,788.28 is trading at $62,800 on Monday, a notable turnaround from July 1 when it dipped below $58,000 to its lowest level since September 2024 and raised concerns of a slide toward $50,000.

Ether ($ETH) staged a similar recovery, trading at $1,760 after bottoming out around $1,550 last week. The two largest cryptocurrencies spiked higher at Sunday's futures open, but have given back around 1% of those gains since midnight UTC.

The pullback represents a divergence from traditional markets, where Nasdaq 100 and S&P 500 index futures are trading up 1% and 0.5%, respectively, following the long weekend.

The altcoin market is split. Lighter ($LIT) continues to impress, now up more than 50% over the past week, while MORPHO$1.9001 and ADA$0.1824 are both nursing losses of around 4% in the past 24 hours.The futures market is steady, with open interest in bitcoin $BTC$62,788.28, ether ($ETH), solana (SOL) and $XRP ($XRP) largely unchanged over the past 24 hours, likely due to the extended U.S. weekend.

Open interest in LTC$44.71 has jumped to 7.14 million tokens, the most since May 12. It is unclear whether the capital inflow is bullish or bearish. Key indicators are sending mixed signals: Positive funding rates point to bullish sentiment, yet the 24-hour cumulative volume delta (CVD) has turned negative, indicating sellers have been more aggressive by hitting market orders rather than posting passive limit orders.

Open interest in Lighter DEX’s $LIT token is also rising, reaching one-month highs as the bullish tokenomics overhaul supports its price.

Bitcoin's and ether’s 30-day implied volatility indices, BVIV and EVIV, remain under pressure after double-digit weekly declines, reflecting continued supply of options. This points to expectations of calmer market conditions, which often accompany price upswings.

St



Crypto bounces back from the brink as altcoin opti

JUST IN: Fed FOMC minutes due this week amid a slate of US data; macro backdrop could steer risk assets, while SpaceX joins Nasdaq 100 with ~18.7k BTC on hand, marking another crypto-adjacent move in broad indices. $BTC$SPX? (limit 2 emojis)

JUST IN: Fed FOMC minutes due this week amid a slate of US data; macro backdrop could steer risk assets, while SpaceX joins Nasdaq 100 with ~18.7k BTC on hand, marking another crypto-adjacent move in broad indices. $BTC$SPX? (limit 2 emojis)  <div><img style="max-width:100%;overflow:hidden;" src="https://d1x7dwosqaosdj.cloudfront.net/images/2026-07/56c089b8baa14b7f8a20f6c1cebd53be.jpg" alt="" /></div><br />

US CFTC Launches Broad Investigation into Polymarket, Is the Prediction Market Party Coming to an End?

How Collector Crypt Uses 'Recirculating Buybacks' to Create an Illusion of Growth

Ethereum Sheds Its Load? What Ethereum Supporters Think About the Lean Ethereum Upgrade and the Future Market

Reviewing 8 'Cash Cow' Projects in the Bear Market: The Leader Repurchased $283 Million Worth This Year

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