At $64,000, Bitcoin must rise 12.7% to reach the first major buyer cost basis and 92.2% to return last year’s $120,000 July breakthrough.
͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­
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Bitcoin must climb 92% to rescue last year’s $120K buyers and the escape routes begin at $72K

At $64,000, Bitcoin must rise 12.7% to reach the first major buyer cost basis and 92.2% to return last year’s $120,000 July breakthrough.

Jul 16
 
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Good to see you this Thursday.

Crypto’s next phase is being shaped less by slogans than by who controls custody, access, and operating rules. Bitcoin must climb 92% to rescue last year’s $120K buyers and the escape routes begin at $72K.

At $64,000, Bitcoin must rise 12.7% to reach the first major buyer cost basis and 92.2% to return last year’s $120,000 July breakthrough. A $288 million US government transfer to Coinbase is testing whether official Bitcoin reserve promises align with actual handling, while Morgan Stanley’s in-house crypto trust plan points to deeper institutional control over custody, staking, and lending. That shift matters because infrastructure decisions are starting to define market outcomes.


The global crypto market cap is $2.21 trillion, with a 24-hour volume of $65.09 billion. The price of Bitcoin is $64,311.60, and BTC market dominance is 58.5%. The price of Ethereum is $1,874.38, and ETH market dominance is 10.3%. The best-performing sector is Virtuals, which gained 5%. The Crypto Fear & Greed Index is currently Extreme Fear (25).


📰 Top News

Bitcoin must climb 92% to rescue last year’s $120K buyers and the escape routes begin at $72K

At $64,000, Bitcoin must rise 12.7% to reach the first major buyer cost basis and 92.2% to return last year’s $120,000 July breakthrough.

US government sends $288M to Coinbase putting Bitcoin reserve rules into question

The transfer shows US government-owned crypto movement, leaving legal status and execution records to determine whether the promise holds.

Bitcoin miner AI pivot hits roadblock with New York 50 MW permit freeze

New York’s moratorium could become a model for restrictions that make mining-site conversions slower and more expensive.


Buy Borrow Die Guide Series: Capital preservation in practice: how major players use high-LTV crypto-backed loans

A practical guide to using high-LTV crypto-backed loans to unlock liquidity without selling, covering LTV, liquidation thresholds, risk monitoring, loan recovery, and cross-collateralized portfolio management. Brought to you by CoinRabbit.

Read the Guide


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