Bitcoin buyers wary of July sub-$58K floor amid onchain data ‘anomaly’
Bitcoin HODL waves data revealed an unusually muted reaction to Bitcoin’s drop below $58,000, raising questions over its status as a bear-market floor.
Bitcoin HODL waves data revealed an unusually muted reaction to Bitcoin’s drop below $58,000, raising questions over its status as a bear-market floor.
Bitcoin rose 0.7% since midnight UTC to around $77,200, and 68 of the CoinDesk 100 constituents gained, though the index remains 1.4% lower over 24 hours.
The bank expects Sky to pass five times as much value to token holders by 2028 as USDS adoption and borrowing capacity continue to expand.
SEBI said later phases of Demat 2.0 will introduce secondary trading and open the tokenized bonds to retail investors.
Bitcoin’s golden cross may support the longer-term outlook, but history suggests much of the upside often occurs before the signal appears.
A councilor said 90% of crypto kiosk transactions in the city are tied to fraud, calling the machines a conduit for crime.