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Market Wrap: Bitcoin Price Drops 8% From ATH As Open Shorts Mount To $16B

Bitcoin price falls to $114,691 as open short positions surge to $16 billion, signaling bearish sentiment and increased volatility ahead.
Bitcoin hovers near its 50-day SMA at $99K, with $111,000 acting as critical support.
Despite the pullback, the White House hints at Bitcoin acquisition, and M
BTC-2.19%
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Wiki Cat Price Prediction: WKC Skyrockets 133% In A Month As BitMart Issues A Cease And Desist Order

Wiki Cat price has skyrocketed 133% in the past month despite legal headwinds.
BitMart has issued a Cease and Desist order against WKC founder Sir Mapy, citing defamation and harassment following accusations of listing fraud.
Despite the controversy, WKC shows bullish technicals with a golden
WKC-5.9%
ORDER-5.72%
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White House Crypto Strategy Raises Eyebrows Over Bitcoin Secrecy

Despite the heavy anticipation, the White House Crypto Report on Wednesday failed to reveal America’s bitcoin holdings.
Bo Hines, the Executive Director of President Trump’s Crypto Council, says the government is focused on building the regulatory and structural infrastructure before fully
HOUSE-6.42%
BTC-2.19%
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XRP Party Kicks Off If Price Closes Within This Historic Level

A technical analyst explains that the XRP price closing above $3.03 would confirm the continuation of its bullish trend.
August is an important month for the asset as it marks the potential closure of the SEC and Ripple case, while anticipation builds up for the approval of XRP ETFs in the US.
XRP-1.29%
KICKS0.83%
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The Fed Maintains Interest Rates, What This Means For Crypto

The Fed decided to pause the interest rates at the 4.25%-4.50% range.
Two Republican Fed governors dissented on the FOMC’s decision.
Fed Chair Jerome Powell’s statement sparked optimism for an eventual cut in September.
Interest rate cuts usually favor Bitcoin (BTC) and crypto.
The US Federal R
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QCP Capital Presents Its Bullish And Bearish Takes On Bitcoin

QCP Capital paints two contrasting scenarios for Bitcoin over the short- and medium-term.
It believes sustained institutional demand could reinforce BTC’s climb to a new peak.
However, the leading digital asset’s price stagnation amid key updates within its ecosystem could also hint at market
BTC-2.19%
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XRP Price Could Be Heading To $27 And Dive Back To $0.80

A popular technical analyst forecasted that XRP could be due to a $9-$27 rally, but the ensuing pullback in the bear market could hit $1.30-$0.80.
The prediction is grounded on the market’s cyclical nature, combining insights from the 2017 and 2020 cycles with technical patterns based on the
XRP-1.29%
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Cardano (ADA) Will Outperform Bitcoin By 100 To 1,000 Times, Says Hoskinson

Cardano (ADA) founder Charles Hoskinson discussed the possibility of Bitcoin reaching $1 million per coin, but claimed ADA could outperform its returns by 100 or 1,000 times.
Analysts project the token’s potential climb to around $1.38 before 2025 ends.
In an interview, Charles Hoskinson, founder
ADA-2.83%
BTC-2.19%
TIMES-9.57%
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Navigating Live Pi Network Price Updates: A Guide for Investors

The truth is, crypto doesn’t wait. It moves like weather. Unexpected, sometimes volatile, always worth watching. For Pi Network followers, this isn’t a theory, it’s Tuesday. The token, with its grassroots origin and softly growing momentum, isn’t just another digital coin. It’s a project with
PI-1.92%
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Is SUI A Good Investment, And Is It Too Late To Get Into The Token?

SUI has regained attention in the crypto community as a promising investment despite recent price fluctuations. With potential regulatory support and corporate backing, its fundamentals suggest strong long-term growth opportunities.
ai-iconThe abstract is generated by AI
SUI-5.67%
GET0.26%
TOKEN-9.25%
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XRP Price Trend Lays The Foundation For A Measured Move To $11-$22

The measured movements in the price of XRP suggest it could be due for an $11 or even $22 top in the current bull cycle.
Reinforcing the optimistic prediction is the strong momentum in XRPL adoption.
XRP Price to $11-$22
The recent pullback in XRP price indicates a tectonic shift in the
XRP-1.29%
MOVE-3.83%
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Incoming Crypto Policy Report Lights The Fuse For Another Alt Bull Run

The White House Crypto Policy Report ignites anticipation for another altcoin bull run this week.
US digital asset adviser Bo Hines confirmed that the document will be released to the public on July 30.
The postponement of its publication may have been a deliberate move so it would coincide
FUSE-1.76%
ALT-3.85%
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Why Did XRP Price Tank In The Last 24 Hours?

XRP price temporarily dipped under $3 again in the last 24 hours.
A market analytics firm blamed the recent drop in the value of altcoins on US economic policies and Larsen’s latest whale move, which involved $140 million worth of XRP.
XRP price dipped temporarily under $3 per token on Friday
WHY-4.28%
XRP-1.29%
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Trump Faces Pressure To Protect Open Banking As Wall Street Allegedly Targets Fintech Access

Several blockchain associations and trade groups have sent a letter to President Donald Trump, requesting the return of the Open Banking Rule, which allows consumers free access to their financial data.
Big banks are trying to block the rule via litigation, intending to facilitate restrictions
TRUMP-2.91%
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