It was another volatile week for the cryptocurrency market, with geopolitical tensions and major corporate developments weighing on sentiment. Despite the headwinds, Bitcoin managed to recover and finish the week with solid gains.
Bitcoin entered the week on the back of a strong rebound after briefly falling below $58,000 the previous week for the first time in nearly two years. The asset quickly regained the $60,000 level before extending its rally to around $63,300 by Saturday. It later eased to roughly $62,500 on Sunday.
The new week began on a positive note as Bitcoin climbed back to $64,000 for the first time in two weeks. However, the rally was interrupted after Strategy announced its second Bitcoin sale in less than two months. The company sold more than 3,500 BTC, triggering a sharp decline that briefly pushed Bitcoin down to around $61,200.
Unlike the selloff that followed Strategy’s previous sale in early June, buyers returned quickly and drove the price back toward $64,800.
Midweek, renewed military exchanges between the United States and Iran added fresh uncertainty to global markets after President Donald Trump stated that the memorandum of understanding between the two countries was no longer in effect. The developments briefly sent Bitcoin back to around $61,600.
The cryptocurrency later recovered once reports emerged that both sides were preparing for renewed diplomatic talks. By the end of the week, Bitcoin had climbed to approximately $64,500, posting a weekly gain of about 3.5%.
Ethereum also advanced nearly 3% to reclaim the $1,800 level. Zcash, Uniswap, and Bitcoin Cash outperformed the broader market, while Solana, Dogecoin, Rain, and Stellar ended the week under pressure. XRP, meanwhile, successfully defended support around $1.10.
Market Snapshot
Total Market Capitalization: $2.29 trillion
24 Hour Trading Volume: $61 billion
Bitcoin Dominance: 56.5%
Bitcoin: $64,450 (+3.5%)
Ethereum: $1,800 (+2.7%)
XRP: $1.11 (-0.35%)
Biggest Crypto Stories of the Week
Strategy’s Bitcoin Sale Sparks Debate
Although Strategy’s latest Bitcoin sale initially triggered a sharp market decline, Bitcoin’s swift recovery has led some analysts to argue that the transaction may not be as bearish as initially feared. Instead, some believe the sale strengthens the company’s financial flexibility and long term balance sheet.
Ripple Secures Full MiCA License in Europe
Ripple achieved a major regulatory milestone after receiving full authorization as a Crypto Asset Service Provider under the European Union’s Markets in Crypto Assets framework. The license, granted by Luxembourg’s financial regulator, enables Ripple to offer its regulated crypto payments services throughout the European Economic Area.
Hoskinson Accuses Ethereum of Borrowing Cardano’s Ideas
Cardano founder Charles Hoskinson claimed Ethereum is incorporating concepts pioneered by Cardano, particularly those related to the UTXO payment model, without acknowledging the project’s contributions. The criticism followed Ethereum’s proposal to improve payment efficiency by reducing state storage requirements.
Negative Sentiment Around Solana Reaches New High
Growing pessimism surrounding Solana pushed negative social sentiment to its highest level of 2026. Analysts at Santiment suggested that such extreme bearish sentiment has historically coincided with market bottoms and could ultimately pave the way for a stronger recovery.
Ethereum Upgrade Fuels Optimism
Despite trading roughly 65% below its all time high, Ethereum attracted renewed attention ahead of the upcoming Glamsterdam upgrade. Analysts pointed to strong on chain activity despite muted social interest, a divergence that has often preceded significant price moves.
Bitmine Expands Ethereum Holdings
Bitmine purchased an additional 42,197 ETH during the week, increasing its holdings to roughly 4.8% of Ethereum’s circulating supply. Despite sitting on substantial unrealized losses, the company continues to accumulate and stake ETH, with projected annual staking rewards exceeding $200 million.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
