BTC staged a 3.17% intraday rebound to about $115,000, but faces stiff resistance at $116,000–$116,500; sustained spot demand is required to rebuild a sustainable uptrend.
ETH, BNB, SOL and XRP led the bounce (ETH +8.2% to $4,140; BNB +14% to $1,288). The breadth of recovery across the market helps, but ETF flows this week will determine durability.
Macro risk: Spot gold hit a record $4,059.30/oz and President Trump reaffirmed tariffs for November 1 with geopolitics and trade policy remaining primary tail risks.
Bitcoin’s bounce above $64K triggered massive short liquidations and revived ETF inflows, but lingering outflows and weak technicals leave the recovery on uncertain footing.
Luxembourg's regulator grants final CASP authorization, enabling Ripple to provide regulated services across 30 European Economic Area countries following months of regulatory navigation.
MiCA's full enforcement on July 1 reshuffled stablecoin routing. Robinhood's Arbitrum bet is the clearest signal yet that enterprise procurement—not retail volume—is now what determines which L2s capture institutional flows.
