
DOGE and Ether Futures Open Interest Hits Multi-Month Highs
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.
Altcoins, ETH & general crypto

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.

An attacker who controlled Ostium's price-oracle key traded against fake bitcoin prices and drained the protocol's liquidity vault. The contracts never broke.

June CPI came in below forecast on every line, with core flat on the month. Bitcoin ran from about $62,600 to above $64,500 as July hike odds fell to 12%.

Strategy has not bought bitcoin since June 22 and has raised its dollar reserve to about $3 billion, roughly 20 months of preferred dividends and debt interest.