
Bitcoin Price Surges Above $60,000 as Traders Eye July Relief Rally
Bitcoin's price rallied above $60,000 at the start of July, with traders anticipating a relief rally throughout the month.

Bitcoin's price rallied above $60,000 at the start of July, with traders anticipating a relief rally throughout the month.

The Stripe- and Coinbase-backed OpenUSD stablecoin consortium is challenging Circle's business model, reportedly causing a drop in Circle's stock.

Bitcoin has fallen below crucial technical and on-chain valuation levels, with historical patterns suggesting a potential bottom around $45,000.

The week of **June 29** is set to be pivotal for the crypto industry, featuring the implementation of Europe's **MiCA** regime and the **U.S. jobs report**.

Bitcoin's price dipped to $59,700, marking a 6.8% weekly decline, even as US equity futures rose on reports of de-escalation between the US and Iran.

US Bitcoin ETFs recorded their biggest daily outflow in June, totaling $696.3 million, as BTC fell below $60,000, pushing YTD losses to $4.6 billion.

Bitcoin has rebounded to nearly $60,000, reaching $59,850, even as South Korea's KOSPI and Japan's Nikkei 225 indexes experienced declines of 1.8% and 2.1% respectively.

Ethena's USDe synthetic dollar has seen its circulating supply shrink by a significant 70% since its $14 billion peak in the October bull market.

Ethena's synthetic dollar, USDe, has seen its circulating supply contract by a significant 70% from its $14 billion October peak, as StablecoinX prepares for its Nasdaq debut this Friday.

Chris Sullivan of Hyperion Decimus reports Bitcoin is one move away from a major turning point, based on four aligned historical indicators.

Pardoned ex-Binance CEO Changpeng 'CZ' Zhao stated his prison time was a 'character-building plus' and didn't hurt his business, as he moves into venture capital.

Bitcoin's recently established market support level is poised for a crucial test with the release of Thursday's U.S. core PCE inflation data.

Bitcoin has climbed back above the $60,000 threshold, with Ethereum and Solana also recouping losses following a week of steep market declines.

HYPE, an altcoin, has dropped 22% from its all-time highs and is now approaching a key support zone.

The CoinDesk 20 index moved higher, with Aave (AAVE) leading gains at 5.9% and Internet Computer (ICP) also rising 2% from Tuesday.

AI chipmaker Cerebras's stock fell 11% after its first public earnings report, despite a 92% revenue increase, due to a lower gross margin forecast.

Social trading and token discovery platform Fomo has raised $75 million in a Series B round, valuing it at $550 million.

Bitcoin ETF outflows are reportedly easing as of June 22, 2026, though a new, unspecified headwind is gathering strength.

Bitcoin is holding near $64,000, down 2% on the week, despite a rally in Asian stocks and tech fueled by US-Iran peace talks.

Bitcoin attempted to reclaim the **$64,000** mark, navigating renewed **US-Iran** tensions and persistent selling from **Binance** spot traders.

Bitcoin dipped below the **$63,000** threshold, dragging the wider crypto market down as risk assets faced a sell-off influenced by falling oil prices.

A significant 12% monthly drop in Bitcoin's price has left $8.6 billion in June options out of the money as expiry approaches.

Despite CEO Vlad Tenev's claims of business strength, Robinhood is reducing its workforce by approximately 10%.

Bittensor (TAO) and Near Protocol (NEAR) spearheaded the CoinDesk 20 index higher with impressive double-digit gains this week.

Bitcoin investors are closely watching the Bank of Japan's upcoming rate decision, as its outcome could significantly impact global risk assets.

Bitcoin reached a two-week high, climbing above $65,500, following a peace agreement between the US and Iran that eased geopolitical tensions and boosted risk assets.

A leading financial institution suggests the crypto market has weathered its downturn, with Bitcoin likely having found its price floor.

Bitcoin found stability above $63,000 following a challenging week, boosted by easing geopolitical concerns and a strong debut from SpaceX.

Crypto platforms offered tokenized SpaceX shares, but the lack of actual stock revealed a critical distinction between tokenization and true equity access.

Crypto investors who sought tokenized exposure to the highly anticipated SpaceX IPO were left disappointed as major exchanges canceled allocations and processed refunds.

The CoinDesk 20 index showed a market downturn, with Ethereum falling 1% and Cronos dropping 1.4%, reflecting minor contractions in leading digital assets.

SpaceX's initial public offering is priced at $135 per share, with pre-market trading on platforms like Hyperliquid suggesting a significant price jump.

Binance's tokenized pre-IPO offering for SpaceX has garnered significant investor interest, raising over $557 million ahead of its anticipated public debut.

The highly anticipated public debut of Elon Musk's SpaceX could profoundly influence the cryptocurrency market, presenting both opportunities and challenges for investors.

Bitcoin and the broader cryptocurrency market saw a positive shift, recovering from a volatile week as geopolitical tensions in the Middle East appeared to ease.

Bitcoin faces a critical test, struggling to maintain the $60,000 support level amid significant ETF outflows and pressure from traditional tech markets.