BTC continued to trade between the $100,000–$105,000 range, opening the day at the lower band of $101,900.
Renewed ETF outflows saw Bitcoin lose –$278 million, while Ethereum lost –$184 million. Solana continues to outperform with an addition of +$18.06 million.
Futures positioning: open interest slipped by –3.58% to $66.14 billion with liquidations worth $186.47 million, majority of them, long liquidations.
Whales accumulation continues with over 45,000 BTC added this week, the second-largest accumulation of 2025.
Macro tailwinds: U.S. government officially reopens after House passes spending bill with China–U.S. trade tone continuing to soften; aiding global liquidity.
Russia has opened its crypto market to regulated trading, with Sberbank forecasting $46.4 billion in first-year volume as Moscow brings digital assets deeper into its financial system.
The proposal stops short of creating a separate category for onchain transfer agents, opting instead to write blockchain recordkeeping into the existing rulebook that has governed the role since paper stock certificates were standard.
Wang says manufacturers selling AI devices into Latin America are paying up to 11% in local transfer fees, the gap Capital Layer is betting stablecoins can close.
The app gives Ethena's USDe stablecoin a route into everyday spending just as the token's circulating supply has fallen by more than 70% from its September 2025 peak.
