Crypto Report | July 24 In the crypto market today, selling pressure has come to the fore. 👇 Key headlines: • After a rise, Bitcoin pulled back. $BTC • Ether and Dogecoin led the decline. $ETH - $DOGE • This drop is seen more as consolidation ahead of Fed week than a major breakdown. • Weakness in US tech earnings and AI stocks pressured risk appetite. • The Clarity Act’s ethical clause discussions are making the process harder. • Democrats’ opposition to the current draft weakened regulatory optimism. • US Services PMI came in stronger than expected. • Manufacturing PMI stayed in the growth zone but was reported below expectations. • There are signs of a rebound in new home sales. • Expectations for a rate hike ahead of the Fed’s July 28–29 meeting have increased.