BTC rebounded to $92,600 (+2.7%) after heavy selling, but remains below key structural thresholds.
ETF flows split: Bitcoin saw inflows of $75 million, but Ether saw outflows of $37 million to extend the outflow streak to seven days. Solana continued to stand out with inflows of $55 million.
Fed minutes emphasize “confirmation before cuts”, as Nvidia’s strong results inject short-term risk appetite.
Onchain shows deep stress: BTC sits below 0.75 cost-basis quantile; reclaiming it is essential to avoid a deeper bear trend.
Retail continues to panic sell while whales accumulate, a classical reversal signal, but not confirmed yet.
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.
