Donald Trump

Bitcoin rallied to its highest level since June 2 as ETF demand, lower long-term bond yields and renewed crypto policy discussions supported risk appetite. Technical traders are watching 65,000 as the key support level and 72,000 as the next upside target.

Bitcoin’s rebound above $70,000 is running into a dense technical resistance zone that could challenge the latest bullish push. Short-term holders have also sent more than 44,300 BTC in profit to exchanges, increasing the risk of renewed selling pressure.

Hyperliquid’s HYPE token has surged sharply, leaving a persistent bearish trader facing more than $60 million in cumulative losses across multiple positions. The latest rally gained momentum after comments on a possible compliant US path for Hyperliquid, while technical traders are watching a bull flag breakout that points toward $100.

Bitcoin briefly climbed to $70,000 on Wednesday, reaching that level for the first time in 11 weeks before easing back. The rally was supported by improving liquidity expectations, renewed focus on U.S. crypto legislation and a technical break watched by traders.

Fairshake’s affiliate Protect Progress spent more than $2 million trying to defeat Democrat Oliver Gilbert in a Florida primary, but Gilbert won the crowded contest. The setback came as Fairshake pointed to a broader string of primary wins across Florida, Alaska and Wyoming.

Bitcoin advanced overnight, with BTC/USD trading around 64,600 after recovering from this week’s low of 62,357. Traders are watching a White House crypto meeting, renewed spot Bitcoin ETF inflows, rising long-term bond yields, and technical resistance near 66,875.

Bitcoin paused near $64,000 after retracing part of Monday’s rally, while Nasdaq 100 futures weakened as Treasury yields and Brent crude moved higher. Traders are watching Wednesday’s Federal Reserve minutes and a White House crypto meeting as derivatives data shows bullish positioning concentrated in BTC.

AUD/USD is consolidating after reaching its highest level since early June, with traders weighing softer U.S. data against fresh geopolitical uncertainty. Australian employment figures due Thursday could help determine whether the rally extends or gives way to a deeper pullback.

President Donald Trump is expected to attend a White House innovation meeting with executives from crypto, prediction markets and artificial intelligence. The gathering is set to precede the inaugural event of a new Commodity Futures Trading Commission advisory committee focused on innovation and regulatory priorities.

The Office of the Comptroller of the Currency has granted preliminary conditional approval for World Liberty Trust Co. to operate as a national trust bank. The decision could allow the firm to take over issuance and custody functions tied to World Liberty Financial’s USD1 stablecoin, pending further requirements.

Stablecoin adoption is moving deeper into everyday payments, raising pressure on Washington to clarify which regulated institutions can directly use Federal Reserve payment rails. The debate centers on whether federally chartered digital asset banks should receive the same infrastructure access as other supervised national banks.

Oil prices stayed near a one week high as weaker optimism over a US Iran peace agreement kept geopolitical risk priced into crude markets. WTI is testing higher resistance after nearing $82, while Brent remains above $90.50 as traders monitor Hormuz flows, refinery delays, and technical breakout levels.

Senate leadership has opened the first stage of floor action on the Digital Asset Market Clarity Act, keeping the crypto market structure bill alive for a possible September vote. The measure still faces unresolved disputes over ethics rules, illicit-finance provisions and stablecoin rewards before it can clear the Senate’s 60-vote hurdle.

The U.S. Senate will not vote on the Digital Asset Market Clarity Act before its late-summer break, slowing momentum for one of the crypto industry’s most closely watched bills. Lawmakers are expected to revisit the measure when the Senate returns to Washington, D.C., in September, but unresolved political and policy disputes remain.

Gold advanced sharply as signs of possible de-escalation around Iran pressured crude oil and weakened the inflation case for further rate hikes. XAUUSD traded at $4249.84, up $172.79 or +4.24%, while traders weighed softer private payrolls and a more supportive technical backdrop.

AUD/USD traded flat near 0.7040 on Wednesday but remained well above last month’s 0.6865 low as risk sentiment improved. Technical traders are watching 0.7100 as the next upside level, while a move below 0.7000 would weaken the bullish case.

Senators Elizabeth Warren and Richard Blumenthal have asked the SEC to investigate President Donald Trump’s $TRUMP memecoin after steep investor losses. The request lands as Senate negotiations over the Digital Asset Market Clarity Act remain stuck on ethics rules for government officials tied to crypto projects.

A newly surfaced group is blanketing Washington with warnings about crypto risks while lawmakers try to complete the Digital Asset Market Clarity Act. The campaign is drawing attention not only for its sharp messaging, but also because the group is not disclosing who is funding it.

Oil prices recovered after a sharp pullback, with Brent rising to $88.40 per barrel and WTI moving to $81 as traders reassessed Middle East supply risks. Unclear signals around US and Iran diplomacy and persistent shipping concerns near the Strait of Hormuz are keeping crude markets volatile.

AUD/USD has advanced to its highest level since June 17, extending a rebound from its June low as traders assess US policy signals, Middle East risks and upcoming economic data. Technical traders are watching whether the pair can clear resistance at 0.7100 or slip back toward support near 0.6920.

EUR/USD rose to its strongest level since June 17 after Donald Trump paused planned attacks on Iranian infrastructure and the Federal Reserve left rates unchanged. Technical traders are watching whether the pair can extend toward 1.1622 after reclaiming the 1.1483 neckline and moving above the 50-day EMA.

Bitcoin stayed near $64,000 even as oil surged after Iranian missile strikes and U.S. equities weakened following a hawkish Federal Reserve split. Futures data showed two way volatility, heavy liquidations, cautious leverage demand, and selective strength across DeFi tokens.

Senators Thom Tillis and Ruben Gallego are said to have finalized an approach to the crypto Clarity Act’s disputed ethics section, though details remain undisclosed. The compromise could determine whether the broader digital asset market structure bill can gather enough support before the Senate’s August recess.

EUR/USD edged higher to trade around 1.1400, staying above this week’s low of 1.1353 as markets assessed geopolitical risk and the upcoming Federal Reserve decision. Traders are watching whether a hawkish pause, inflation data and technical resistance near 1.1483 can shape the next move.