Bitcoin Slips Below $64K as Bearish Crypto Derivatives Signal More Downside

Bitcoin and the broader cryptocurrency market are ending July under pressure, with Bitcoin (BTC) falling 1.3% to around $63,870 and Ethereum (ETH) dropping 1.4% to roughly $1,890 after failing to reclaim the $2,000 mark reached earlier this month. The weakness contrasts with traditional financial markets, where South Koreas Kospi has surged more than 15% and U.S. stock index futures, including the Nasdaq 100 and SP 500, are trading higher. Growing geopolitical tensions in the Middle East, combined with hawkish remarks from Federal Reserve officials, have weighed on investor sentiment and…  Read more

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