The US 2-year Treasury yield rose to 4.4253%, reaching its highest level since January 2025.
For those asking about the impact on crypto:
In general, this is viewed as negative news for crypto in the short term. This is because it makes safer assets—such as the dollar and bonds—more attractive, potentially leading to some capital outflow from risk assets (BTC, altcoins).
Bitcoin's MVRV momentum oscillator just printed positive for the first time since October 9, 2025. That is 329 consecutive days underwater. The longest stretch since the 2022 bear.
This week's data is primarily focused on inflation, which will confirm the Fed's interest rate decision. If inflation gets hotter, rate hike odds will go up. If inflation shows signs of cooling, rate pause odds will go up.
📍Price sits at 79.9K near a moderate liquidity zone with scattered resistance above. This level marks a transition point between mid-range and upper clusters.
📈If BTC holds above 79.9K, upside liquidation clusters emerge at 81K–81.5K, then stronger resistance at 82K–82.3K, with the heaviest concentration near 83K.
📉Downside shows the most aggressive liquidity magnet around 80K–80.5K, followed by a significant cluster at 79K–79.5K acting as immediate support.
⬇️Lower zones to watch: 78K–78.5K, 77K–77.5K, 76K–76.5K
The September process for the Clarity Act has officially begun.
US Senate Majority Leader John Thune has officially initiated the procedural vote process that will pave the way for the Clarity Act to be considered in the Senate floor.
The critical process for the law will continue in September.
The data is generally positive. However, what is important and decisive for us is how expectations for the Fed's September meeting regarding interest rates change after these figures.