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Crypto

Dogecoin forms first death cross in August; key price levels to watch

Dogecoin has extended a weak run after logging its first short-term death cross of August, with its 50-day moving average falling below the 200-day on an hourly chart. The token has been sliding since Aug. 3 and is down 1.78 percent over 24 hours to $0.068, and 2.03 percent on the week. Market focus is on $0.068 support and $0.073 to $0.08 resistance, while on-chain activity and spot ETF flows show some easing signals.

Crypto

U.S., Japan coordinate to defend weak yen; five key variables that could shake bitcoin this week

Bitcoin is searching for direction around $63,000 in the first week of August as global macro conditions and crypto-specific risks pull at prices. Key factors include the possibility of coordinated U.S.-Japan action to support the yen, U.S. July nonfarm payrolls, shifts in risk sentiment linked to Middle East developments and seasonal weakness in U.S. equities. A Coldcard hardware wallet hack and related fund movements are also in focus.