Bitcoin ($BTC ) closed July down 1.31% to $63,026, while Ether ($ETH ) dropped 1.40% to $1,890, failing to sustain its recent $2,000 breakthrough. This decline highlights a growing decoupling from traditional equities, as crypto fell despite a 15% surge in South Korea's Kospi, positive US stock futures, and Amazon's 10% after-hours gain. Market sentiment was heavily weighed down by hawkish Federal Open Market Committee (FOMC) forward guidance and a major security breach, where a Coldcard hardware wallet key-generation exploit drained 594 Bitcoin worth $38 million from 500 users. Despite a 2.34% weekly dip, the CoinDesk 20 Index secured an 8.7% monthly gain, marking its best performance since July 2025. Meanwhile, following Friday's $10 billion options expiry on Deribit, institutional sentiment leans cautious, with a $60,000 put option emerging as the most popular long-term bet extending into June 2027.