Bitcoin Clings to $65K as Crypto Market Braces for More Volatility
July 24, 2026 — The crypto market is treading water today, with the total market cap hovering around **$2.21 trillion** after shedding roughly 1% in the last 24 hours. Bitcoin is holding its ground near the **$65,000** mark, refusing to drop too sharply even as some of the bigger altcoins take a beating.
Ethereum is down around 1.5-2%, while Dogecoin got hit harder, dropping over 4% and leading the decline among major tokens. Solana and a few others are also feeling the pressure. It looks like the massive $800 billion wipeout in AI and tech stocks yesterday spilled over a bit, but crypto didn't get crushed as badly as some expected.
Traders are keeping a close eye on a huge **$1.2 billion Bitcoin options expiry** coming up soon, which could shake things up. On the company side, we've got news like Poolin — once Bitcoin's biggest mining pool — now filing for bankruptcy, and BitMEX winding down operations with a deadline for users to pull their funds.
Meanwhile, there's some positive movement on the regulatory front in the US, with Senate Republicans pushing forward an updated version of the CLARITY Act that could bring clearer rules for the industry.
Overall, sentiment is still pretty cautious right now. The Fear & Greed Index is sitting in "Fear" territory, but a lot of people in the space see this as a normal consolidation phase rather than the beginning of a big crash. With oil prices jumping and tech earnings still fresh in everyone's minds, it might stay choppy for a while.
We'll keep watching how this plays out — crypto never fails to keep things interesting.
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You did not lend your Bitcoin.
You lent your trust.
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The first use case is live on public testnet. Deposit native BTC as collateral. Borrow USDC or USDT. Self-custodial. Your keys. Your Bitcoin. No intermediaries. This is not a future roadmap. This is a testnet you can use today.
I checked the flow. The Bitcoin stays on Bitcoin. The borrowing happens on Ethereum. The vault is trustless. The rates are DeFi borrow rates. The capital efficiency is real because the collateral is real, not a synthetic representation managed by a bridge operator.
Wrapped BTC was a bridge. TBV is a vault. One moves your asset and hopes it arrives. The other leaves your asset where it is and unlocks its value without moving it. Native BTC does not require trust.