Three influential analysts believe that bitcoin has found its floor after falling below 60,000 dollars in July. The price returning around 65,000 dollars fuels their optimism.
A team of volunteer security experts has submitted approximately 5,000 vulnerability disclosures throughout the Bitcoin infrastructure following a significant hardware wallet security incident.
U.S. spot bitcoin ETFs posted gains across all five sessions, attracting $853.54 million in their strongest week since April 17. Ether funds added about $245 million, while XRP, solana and HYPE ETFs also finished the week with net inflows.
Australia's financial intelligence agency has suspended Cryptolink's crypto ATM operations for three months after finding failures in transaction reporting and raising ongoing concerns over the company's handling of high-risk activity.
The market rose even as the Senate left the crypto bill unpassed before its recess, with steady ETF inflows and a softer dollar doing more for prices than Washington.
Bitcoin surged beyond the $65,000 mark during Monday morning trading on August 10, peaking at an intraday level of $65,363 before experiencing a modest retreat. During the reporting window, BTC hovered around $64,955, registering a 0.3% increase over the previous 24-hour period and posting a 3.4% advance across the trailing week.
Three sales meet CPI and PPI, creating measurable tests of bond demand, yields and Bitcoin pressure.
Bitcoin's improving demand faces a key resistance test as spot participation remains weak and derivatives lead the recovery.
The sharp decline in Binance's Bitcoin futures volume signals potential shifts in market sentiment and trader behavior, impacting liquidity dynamics. Bitcoin perpetual futures volume on Binance hits 6th-lowest day in five years.
Veteran trader Peter Brandt is leaning toward another decline in Bitcoin, although he stressed that he has not yet placed a bet on the cryptocurrency's next move.
Bitcoin briefly topped $65,000 as U.S. ETF inflows strengthened and traders turned to Wednesday's July CPI report for the next Fed signal.
Stablecoin inflows surge across Asian exchanges as US spot demand cools near $65K resistance