
Bitcoin Retreats from $64,500 as Declining Open Interest and Weak Spot Demand Raise Sustainability Concerns
Bitcoin (BTC) retreated from a two-week high of $64,500, with declining open interest and weak spot demand casting doubt on its July advance.

Bitcoin (BTC) retreated from a two-week high of $64,500, with declining open interest and weak spot demand casting doubt on its July advance.

XRP has successfully held its price above **$1** following a significant leverage flush, with improving network activity and rising ETF inflows signaling potential market stability.

XRP has held its crucial $1 support level, with active addresses surging 72% in two weeks and open interest at its lowest since July 2025.

Hyperliquid has achieved a significant milestone, reaching $10 billion in open interest, signaling growing demand for 24/7 on-chain trading of equities and commodities.

Hyperliquid's open interest has surged by over 30% in a week, fueling speculation that its native HYPE token could soon reach the $80 mark.

Despite Bitcoin's recent price dip below $70,000, derivatives markets exhibit high open interest and elevated funding rates, suggesting potential market instability.