Crypto News Today: Bitcoin Pauses at $64,000 as Brent Jumps to $94 on Expired Ceasefire — Funding Rates Hit 20-Month High, FOMC Minutes and White House Crypto Summit Due Wednesday
Bitcoin traded around $64,000 — down 0.6% since midnight UTC — after rallying from $62,600 on Monday, as Nasdaq 100 futures slipped 1.1% and Treasury yields rose ahead of Wednesday's FOMC July meeting minutes release. Brent crude rose back to $94 per barrel after the 60-day US-Iran ceasefire expired Monday without a deal, reviving the oil-inflation headwind that has capped Bitcoin all summer. BTC perpetual funding rates surged to a 20-month high according to CryptoQuant — the strongest expression of bullish futures bias since the current bear market began — while BTC's positive CVD showed buyer leadership even as ETH, SOL, LTC, LINK, and DOGE all registered negative CVD, suggesting the bullish sentiment is concentrated in Bitcoin rather than broadly distributed. Also due Wednesday: US President Trump is expected to attend a meeting with crypto CEOs at the White House — a policy catalyst that has been identified as a key driver of Bitcoin's stop-start range-bound performance."
$BTC
#Binance
Bitcoin traded around $64,000 — down 0.6% since midnight UTC — after rallying from $62,600 on Monday, as Nasdaq 100 futures slipped 1.1% and Treasury yields rose ahead of Wednesday's FOMC July meeting minutes release. Brent crude rose back to $94 per barrel after the 60-day US-Iran ceasefire expired Monday without a deal, reviving the oil-inflation headwind that has capped Bitcoin all summer. BTC perpetual funding rates surged to a 20-month high according to CryptoQuant — the strongest expression of bullish futures bias since the current bear market began — while BTC's positive CVD showed buyer leadership even as ETH, SOL, LTC, LINK, and DOGE all registered negative CVD, suggesting the bullish sentiment is concentrated in Bitcoin rather than broadly distributed. Also due Wednesday: US President Trump is expected to attend a meeting with crypto CEOs at the White House — a policy catalyst that has been identified as a key driver of Bitcoin's stop-start range-bound performance."
$BTC
#Binance