Weekly recap time just dropped, and the crypto scene has been serving up some wild swings this past week from the highs that tease to the dips that bite back. 🖤
Last Friday bitcoin was clawing at the 65000 mark even after fresh CLARITY Act drama and that whole US Iran deal tease from the POTUS. The weekend dragged on quiet with no real push just a sideways hover around 65000.
Monday morning tried a breakout but slammed into 65400 fast before bears dragged it down to 63800. Another little pop to 64400 got crushed again sending it to 63200. That same dance played out Tuesday and Wednesday where 64400 capped every rally even with solid July CPI numbers landing as predicted.
Lower highs kept stacking up and yesterday’s attempt only kissed 64000 before rejection slammed it under 63000 quick. A tiny bounce later but bears hold the reins now pushing to a fresh 10 day low at 62500.
Weekly losses sit near 4 percent with market cap slipping to 1.255 trillion and dominance at 56.1 percent. A few alts like SOL BNB TRX XMR CC and LINK flipped green on the week though. 🕸️
ETH eased just 2.8 percent while XRP dipped below 1.00 for the first time in 21 months and fights to hold that line.
Market Snapshot 🦇
Market Cap: 2.245T | 24H Vol: 47B | BTC Dominance: 56.1%
BTC: 62550 (-3.5%) | ETH: 1865 (-2.8%) | XRP: 1.00 (-3.2%) 🌑
Strategy Keeps Dumping 1690 BTC 🩸
Strategy just offloaded another 1690 BTC worth 108.6 million in this ongoing wave. CEO Phong Le hinted purchases could restart by year end though.
90 Wallets Now Hold 10K+ BTC 💀
Large wallet counts hit a six month high at 90 addresses controlling over 10000 BTC each signaling possible accumulation.
Ripple Large Wallets Grow Despite the Slump 🕷️
Ripple’s big wallet tally rose by 32 in three months even after XRP hit that 21 month low.
Trezor Breach Hits 13689 Customers 😈
A ShipMonk data leak exposed info for 13689 Trezor buyers raising phishing worries.
Tether Gets Clean Full Audit ✨
KPMG gave Tether its first unqualified opinion on 2025 books after checking gold reserves in person.
Dead Crypto Talk Might Signal the Bottom 🐈⬛
Fear chatter spikes online but analysts see it as a contrarian buy cue with big players stacking quietly.
Chart Deep Dives This Week
Ethereum Ripple Cardano Binance Coin and Hyperliquid get the breakdown treatment right here.
Just another echo from the void by iconofsin.eth 💖
