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Crypto
Bitcoin short-term holders’ sell-off spreads, downside pressure builds as U.S. Senate stalls Clarity Act
Bitcoin fell below $76,000 after the U.S. Senate failed to secure enough votes to advance the Clarity Act, a crypto market structure bill. The drop triggered the biggest short-term holder sell-off this month, with exchange inflows rising to 33,100 BTC, including 23,200 BTC moved at a loss. Kraken and Binance saw unusually large inflows. Technical indicators showed weak momentum, with key resistance near $78,000.
Crypto
Bitcoin institutional sentiment worst in 2 years; Coinbase premium negative for 900 hours
Institutional sentiment toward bitcoin has fallen to its weakest level in the past two years as the Coinbase premium index has remained below zero for more than 900 hours, pointing to sustained selling by institutions and professional investors. CryptoQuant contributor Darkfost called it the longest stretch of institutional pessimism in two years. Macro uncertainty was cited as a driver. Bitcoin trades around $66,000, down 0.32 percent in 24 hours but up 1.78 percent over seven days.
Crypto
Bitcoin short-term holders\' losses deepen as 50,000 BTC move to exchanges
Bitcoin short-term holders have moved a large amount of loss-making coins to exchanges, raising renewed concerns about near-term capitulation. About 50,000 BTC flowed to exchanges over the past 24 hours, the largest since June 4, and 9,500 BTC went to Binance. CryptoQuant data show the market value of short-term holders’ positions fell to $237.7 billion. Long-term holders, however, sent a record 181,000 BTC to accumulation addresses.
