π $BTC intraday slip! Bitcoin falls to $81,368.80 (4pm SGT).The 8h chart shows a steady downward grind after a morning peak near $83,100. Currently consolidating above the $81,000 local support floor.
#Bitcoin#BTC#CryptoTrading
π BTC Market Flash
Bitcoin faces strong selling pressure. After peaking near $64,160 around 4:00 AM, $BTC triggered a massive sell-off, cascading down past key levels. Currently bleeding into the $63,870 support zone. Bears in full control. #BTC#Crypto
Analysis: The issuance of USDT and USDC has decreased by a total of $13.9 billion in recent months, but this has not affected the growth rate of stablecoin adoption.
π BTC Update: Bitcoin holds firm around $63K with a 4.2% weekly gain, driven by renewed macro rate-cut expectations. Over $220M inflows break the ETF drought as bulls target key $65K resistance.
#BTC#ETH#Cryptocurrency
BTC Testing Crucial Support! π$BTC daily chart shows a clear downtrend, breaking below $62.2K. Sellers remain in control as volume ticks up.Will $60K psychological support hold, or are we going lower?Are you buying the dip or staying in cash? #Cryptocurrency#Bitcoin#Blockchain
π BTC MONTHLY OUTLOOK π
Clarity Act hype & strong absorption of Saylor's selling are boosting market confidence.
Strategy:
Expect a late-July cooling as FOMO fades. Looking to build fresh longs on the next pullback, targeting the $68kβ$72k range! π
#BTC#Bitcoin#Crypto
BONK DAO lost $20 MILLION without being hacked.
Here's what happened:
- An attacker bought ~$4M of BONK tokens.
- They created a fake governance proposal to send 4.4 trillion BONK ($20M) to their own wallet.
- The proposal went unnoticed for 7 days.
- At the last minute, they used their voting power to approve it.
The DAO automatically sent the tokens.
- The attacker sold them, turning $4M into $20M.
This wasn't a smart contract hack, the attacker simply bought enough voting power to approve a malicious proposal.
BONK DAO says it has notified law enforcement and is working to recover the funds.
BREAKING: πΊπΈ The Crypto market structure bill has until August 7th to pass before the Senate leaves for summer recess.
If it passes, it gives crypto the clear rules the US has been waiting years for.