
The Fed Holds Rates for a Fifth Straight Meeting
The Federal Reserve left its policy rate at 3.50%–3.75% for a fifth straight meeting on July 29, and crypto barely moved: bitcoin held just under $64,000.
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The Federal Reserve left its policy rate at 3.50%–3.75% for a fifth straight meeting on July 29, and crypto barely moved: bitcoin held just under $64,000.

Bitcoin's second difficulty reset of July barely moved, a flat line after the 5% cut two weeks earlier and a sign that hashrate has stopped leaving the network.

Bitcoin held a $63,700 to $65,406 band as the day's digests disagreed on the print, and 97.2% of its liquidations fell on longs.

Bitcoin settled at $64,062 with prices barely moving, but DOGE futures open interest neared 16B tokens and ether's hit 14.53M ETH — the most since June 7.

Bitcoin held $65,674 inside a week-long $64,000–$66,800 range, futures open interest fell to 743K BTC, and WLFI led the movers with a 12.18% gain.

Bitcoin cleared $66,000 for the first time in a month, though two CoinDesk accounts of the day give different highs. Bitfinex put the next test at $68,000.

Spot bitcoin ETFs drew $273 million over two weeks, barely more than the mildest week of the $8 billion outflow run before it. CoinDesk called it statistical noise.

Bitcoin drifted higher on thin weekend volume, and the day's forced liquidations fell almost entirely on shorts — a read on positioning, not direction.

Michael Saylor set out 110 points against BIP-110, a one-year soft fork that would restrict data in bitcoin transactions and cut the signalling threshold to 55%.

Cardano was the lone top-20 name with a real gain on a thin Saturday session, sentiment stayed in extreme fear, and the day's two market digests disagreed on the bitcoin and ether marks.

US spot bitcoin ETFs drew a net $132.3 million on 17 July, a fourth straight positive session, with BlackRock's IBIT supplying more than the entire category total.

Bitcoin touched $65,200 and settled at $63,669.13, up 3%, as $357M of liquidations landed 81% on shorts — a reversal after weeks of long-side flushes.