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Bitcoin just holds $64K after Fed revives hike risk, but one level still decides whether repair is real
Bitcoin fell with stocks after Fed projections revived rate-hike risk, leaving BTC under pressure near $64,000 as Glassnode data shows a market still repairing beneath the surface.
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Good to see you this Thursday.
Risk appetite is stretching across private equity, crypto proxies, and prediction markets, but the common message is that confidence remains fragile once funding, rates, or settlement mechanics come into view. That matters for readers because headline strength is not translating cleanly into durable market structure or user protection.
Bitcoin is holding near $64,000 after the Fed revived hike risk, with one key level still separating stabilization from a deeper repair process. Strategy’s STRC is plumbing new lows as bearish options bets question its dividend runway and Bitcoin-buying model, while Solana’s $1 billion USDC mint arrives even as Pyra users face an unfinished recovery and a September exit deadline.
The global crypto market cap is $2.18 trillion, with a 24-hour volume of $84.92 billion. The price of Bitcoin is $63,253.86, and BTC market dominance is 58.2%. The price of Ethereum is $1,723.61, and ETH market dominance is 9.5%. The best-performing sector is Base Ecosystem, which gained 14%. The Crypto Fear & Greed Index is currently Extreme Fear (15).
📰 Top News
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Bitcoin just holds $64K after Fed revives hike risk, but one level still decides whether repair is real
Bitcoin fell with stocks after Fed projections revived rate-hike risk, leaving BTC under pressure near $64,000 as Glassnode data shows a market still repairing beneath the surface.
Elon Musk’s wealth has now surpassed Bitcoin market cap amid SpaceX’s continued rally
SpaceX rally has lifted Musk’s fortune above Bitcoin’s market cap and made SPCX the clearest symbol of today’s risk appetite.
Strategy’s STRC draws bearish options bets as it falls to new all-time low
STRC’s record low has sharpened scrutiny of the company’s dividend runway and its ability to keep funding Bitcoin purchases
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