Bitcoin Bottom Signal Last Seen at FTX Collapse Flashes as Saylor’s Strategy Dumps 3,588 BTC

Bitcoin rebounds from $61K as traders watch $68K while markets assess Strategy’s reported 3,588 BTC sale and support. Bitcoin rebounded after briefly testing the $61,000 level, keeping traders focused on its recovery structure.  The move showed buyers still defending nearby support after recent market pressure. BTC then moved into consolidation as traders watched whether momentum […] The post Bitcoin Bounces From $61K and Stares Down $68K After the Saylor Shock Fades appeared first on Live Bitcoin News.

Key takeaways Bitcoin (BTC) dropped below $64,000 despite improving derivatives data. Analysts at QCP note that July has historically been one of Bitcoin’s strongest months, averaging gains of around 7.5%. Glassnode says Bitcoin is showing signs of structural stabilization, with spot selling pressure easing significantly. Bitcoin (BTC) started July on firmer footing, recovering above the […] The post Bitcoin could drop below $63k as market structure remains volatile appeared first on CoinJournal.

Trump’s Bitcoin reserve plan faces legal review as officials assess Treasury, Commerce and DOJ roles for holding government BTC. The Trump administration’s Strategic Bitcoin Reserve plan is facing legal review over who can hold government BTC.  Bloomberg reported that officials are questioning whether the Treasury has clear authority to manage the reserve. The plan was […] The post Trump Bitcoin Reserve Plan Faces Legal Test Over Who Can Hold Government BTC appeared first on Live Bitcoin News.

Peter Schiff called Strategy’s Bitcoin model a “mid-cycle Ponzi” after the firm sold 3,588 BTC to fund Digital Credit dividends.

Carrying on from Sunday’s retracement, the BTC price slid further on Monday and then dumped quickly, almost reaching $61K. However, as soon as it hit this point, also coming down below the bull market trendline, buyers stepped in and the price was bought up even quicker than it came down. What could be next?

Galaxy delivered 133 MW to CoreWeave as Helios shifts from Bitcoin mining to AI data centers, with Phase II planned for 2027 in Texas.

Bitcoin NUPL metric data suggested that BTC price action should make new cycle lows in order to preserve historical patterns.

Blockchain trade group the Digital Chamber has filed an amicus brief opposing a New York lawsuit that seeks ownership of 39,069 dormant Bitcoin wallet addresses holding an estimated 3.7 million BTC. In a court filing submitted on Monday, the Digital…