Source: CryptoSlate ↗
Bitcoin’s $69,000 test could expose its whale-led rebound as a fragile Fed gamble
What the source reports
Bitcoin trades near $65,978, below the $69,000 level Glassnode treats as the average cost basis for short-term holders, and the Federal Reserve's July 28-29 meeting will decide if this disconnect can be closed. June payrolls rose by only 57,000, unemployment stayed at 4.2%, and revisions cut April and May payrolls by a combined 74,000. Core […]The postBitcoin’s $69,000 test could expose its whale-...
Read the original report on CryptoSlate ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Bitcoin rose 2% on CLARITY progress while Coinbase, Circle jumped over 8% – but why?
Bloomberg ETF analyst James Seyffart argued that the CLARITY Act should carry virtually no direct effect on Bitcoin's price. In his view, Bitcoin already holds the infrastructure the bill is trying to build for the rest of the industry: commodity treatment, regulated futures, spot ETF access, and institutional custody. That claim sits inside a wider […]The postBitcoin rose 2% on CLARITY progress w...
Bitcoin will get ‘lift’ from Hyperliquid, Robinhood in next crypto bull market: Bitwise exec
Bitwise predicted that Hyperliquid and Robinhood TradFi ventures should form the basis for a crypto bull-market comeback that would lift Bitcoin and Ether.
Crypto catches its breath as bitcoin settles into a holding pattern amid July rally
BTC is rangebound between $64,000 and $66,800 after a 13% recovery from July's lows, with macro markets offering little direction and WLFI the session's surprise standout at +12%.