CoinSignals

Despite XRP’s recent rebound, one market analyst believes the recovery may be misleading and argues that the cryptocurrency remains locked in a broader bearish trend, with the possibility of falling below $1 still firmly on the table.

The outlook contrasts with growing optimism among bullish traders who expect a breakout. According to the analyst, the coming weeks will be critical in determining whether XRP can establish a stronger foundation or continue its longer term decline.

In a series of posts on X, chart analyst ChartNerd urged traders to focus on XRP’s broader technical structure rather than being swayed by short term price gains. He emphasized that the bearish trend remains intact after the 20 week and 50 week exponential moving averages formed a death cross in January 2026, a signal often associated with prolonged downside momentum.

ChartNerd also pointed to XRP’s failed rally in May, when the token climbed toward the 20 week EMA before losing momentum and dropping from roughly $1.35 to around $1.00. According to him, this reinforced the moving average as a major resistance level.

The analyst believes that even if XRP climbs to $1.29 or extends toward $1.60, those levels should still be viewed as significant resistance unless the price breaks above them with conviction. He added that a move to $1.60 by late July or early August would strengthen the argument that the recent dip to around $1.00 marked a local bottom.

On the other hand, failure to reach or overcome the 20 week EMA near $1.29 could accelerate another decline, increasing the chances of XRP slipping below the $1 mark sooner than many expect.

ChartNerd also rejected claims circulating on social media that XRP has already broken out of the downtrend that began in July 2025. Responding to bullish predictions from fellow analyst Bird, he argued that XRP remains trapped inside a wedge formation and continues to trade below its descending resistance line.

He also criticized traders celebrating the latest price increase, suggesting that a modest recovery does not automatically signal the beginning of a major bull run. According to ChartNerd, many of the same voices calling for a breakout today made similar predictions when XRP was trading near $2.40 in January, before the token eventually declined to around $1.00.

At the time of writing, XRP was trading near $1.13 after gaining almost 4% over the previous 24 hours. The token is up nearly 6% over the past week but remains about 2% lower than it was a month ago. Recent trading has remained confined between $1.08 and $1.14, indicating that the market has yet to make a decisive move in either direction.

For ChartNerd, the technical picture remains straightforward. Until XRP convincingly breaks through the resistance levels that have capped price action for months, any rally should be viewed with caution rather than as confirmation that the downtrend has ended.

Not everyone shares that view. Some analysts remain firmly bullish, including EGRAG CRYPTO, who recently suggested XRP could eventually reach a $1 trillion market capitalization if historical market patterns repeat. However, achieving such a milestone would require significantly stronger market conditions and much greater investor demand than is currently evident.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin is showing renewed strength after climbing to a five week high, with analysts suggesting the asset has moved beyond its capitulation phase and entered a key transition period that could determine its next major move.

Analytics platform Swissblock reported on Monday that Bitcoin has exited its capitulation regime and is now trading within what it describes as a transition zone. According to the firm, this stage often marks the point where either a fresh bullish impulse develops or momentum weakens once again.

The analysts noted that Bitcoin’s next major hurdle is reclaiming the “ignition line,” which would pave the way toward the next critical inflection point. While every sustained rally has historically followed this sequence, Swissblock cautioned that not every transition phase results in a successful breakout.

Bitcoin entered the capitulation zone in early June after falling below the $70,000 mark. The cryptocurrency later dropped to a cycle low of around $58,000 near the end of June before beginning a steady recovery. Over the past three weeks, Bitcoin has gained roughly 12%, pushing it into a stronger momentum zone.

CryptoQuant analyst Darkfost highlighted another encouraging signal, noting that Bitcoin has spent 95% of its history trading at higher MVRV levels than it is currently. The MVRV ratio compares Bitcoin’s market capitalization with its realized capitalization, which values coins based on the price they last changed hands. According to the analyst, the data suggests Bitcoin remains significantly undervalued relative to its historical performance.

Crypto trader Daan also pointed out that the $65,000 level has acted as a ceiling throughout July. However, the continued formation of higher lows over the past three weeks increases the likelihood that Bitcoin will eventually break through that resistance.

At the time of writing, Bitcoin was trading around $65,500 after gaining about 1% over the previous 24 hours. The cryptocurrency briefly reached $65,700 on Monday, its highest price since mid June when it briefly traded above $67,000.

Despite the recent gains, Bitcoin continues to trade within a range that has held for roughly seven weeks, with the current price sitting near the upper boundary of that channel.

Looking ahead, Alphractal founder and CEO João Wedson identified $66,000 as the next major resistance level. A successful breakout above that price could send Bitcoin toward $66,700, which he described as the Structural Midline within the firm’s Structural Market Bands. Historically, this level has acted as a significant area of price reaction, and Wedson expects sellers to defend it aggressively if Bitcoin reaches that zone.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin and other risk assets are facing renewed pressure after the yield on newly issued 30 year US Treasury bonds rose to 5.06%, raising concerns that higher borrowing costs could weigh on investor demand for speculative investments.

The latest Treasury auction marked the highest 30 year bond yield since 2007, highlighting the increasing cost of financing the US government’s expanding debt. While the broader 30 year Treasury yield has also moved back above 5%, it remains below the 5.20% peak recorded on May 20, which was the highest level seen since July 2007.

Compared with early 2022, when similar Treasury auctions cleared at roughly 2%, today’s significantly higher yields reflect growing inflation concerns, increased government borrowing, and a larger supply of Treasury debt that requires more attractive returns to draw investors.

Analysts at The Kobeissi Letter also pointed to the artificial intelligence boom as another factor contributing to rising yields. They noted that major technology companies are issuing record amounts of debt to fund AI infrastructure, creating greater competition with the US government for investor capital and adding pressure to the bond market.

Spot On Chain analyst Hupzy believes higher Treasury yields present a significant challenge for Bitcoin and other risk assets. According to the analyst, elevated discount rates reduce the attractiveness of speculative investments because investors can earn stronger returns from safer fixed income assets. Hupzy added that while rising debt costs could eventually encourage the Federal Reserve to adopt a more accommodative policy stance, the immediate outlook remains cautious as markets price in growing concerns over US sovereign debt. The analyst also identified the previous 5.20% yield peak as a critical level, warning that a move above it could signal a prolonged period of elevated long term interest rates.

At the time of writing, Bitcoin was trading above $64,000, down 1.3% over the past 24 hours but still up 1.7% during the previous week and 1.2% over the last two weeks. The cryptocurrency has remained largely flat over the past month with a modest 0.4% gain. Bitcoin’s market capitalization stands at approximately $1.284 trillion, while the asset remains about 49% below its all time high of more than $126,000 reached in October 2025.

Attention is now shifting toward the Federal Reserve’s July 29 policy meeting. Although Treasury yields alone are unlikely to determine Bitcoin’s direction, investors are closely monitoring upcoming economic data, including weekly jobless claims, purchasing managers’ index reports, and earnings from Alphabet and Tesla ahead of the Fed’s decision.

Current CME FedWatch data indicates an 86% probability that the Federal Reserve will leave interest rates unchanged. However, an unexpected rate increase could trigger renewed selling across both cryptocurrency and equity markets, as investors have largely priced in a pause.

With long term Treasury yields sitting at multi year highs and the Fed meeting fast approaching, any unexpected developments in either the bond market or monetary policy could have a significant impact on crypto market sentiment in the weeks ahead.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

A renewed debate has emerged within the XRP Ledger (XRPL) community after validator Vet announced that he would not support any further reduction in the network’s account reserve requirements, arguing that the existing system remains an important safeguard against spam and abuse.

The discussion has highlighted differing views among community members, with some advocating lower reserve requirements to make onboarding more affordable, while others believe doing so could weaken the network’s security.

Validator Warns Against Further Reserve Cuts

In a July 20 post on X, Hussein Zangana, Director of Community at the XRP Ledger Foundation, reflected on how the network’s reserve requirements have steadily declined since XRPL launched in 2012.

Initially, activating an account required a reserve of 1,000 XRP. That figure was later reduced to 200 XRP by Jed McCaleb before being lowered further through validator votes over the years. Today, users need only a 1 XRP base reserve to activate an account, along with a 0.2 XRP owner reserve for each token held, including assets such as RLUSD or USDC, or for every group of up to 32 NFTs.

Zangana noted that he had supported previous reductions because rising XRP prices and improvements in server performance made them reasonable at the time. However, he believes the network has now reached a point where additional cuts should be approached with caution.

Vet echoed that view, arguing that reserve requirements play a vital role in protecting network resources such as storage and memory. According to him, requiring a minimum reserve makes it more expensive to create large numbers of accounts that could be used for spam campaigns or distributed denial of service attacks.

He said he would only support another reduction if it could provide the same level of protection as the current system. Vet also rejected suggestions that higher transaction fees should replace reserve requirements, saying he would not support increasing fees as compensation for lower reserves.

Community Remains Divided

Not everyone agreed with Vet’s position.

Community member Daniel Keller argued that lowering reserve requirements could make XRPL more accessible to newcomers, particularly those with little or no experience using cryptocurrencies. He suggested that businesses or sponsors could create accounts for new users at a lower cost, making adoption easier.

Keller also questioned whether concerns about spam attacks were being overstated, noting that the XRP Ledger has successfully handled periods of heavy network activity in the past without major issues.

Another community member, Chris Thompson, expressed a different concern, warning that lower reserve requirements could encourage the creation of disposable wallets, potentially increasing opportunities for abuse and malicious activity.

The debate comes as adoption of XRPL’s latest v3.2.0 software update has been slower than expected. So far, only about 43 percent of network nodes have upgraded. The release includes several performance improvements, including a 30 to 40 percent reduction in node memory usage, along with additional enhancements aimed at improving overall network efficiency.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin continues to trade within a narrow range slightly above $60,000, with analysts pointing to declining market liquidity as a key reason behind its inability to sustain a stronger upward trend.

According to crypto analyst Darkfost, Bitcoin has now spent around 165 days testing the same price region. Although the asset briefly surged above $80,000 in May, the rally failed to hold, sending BTC back into a prolonged consolidation phase.

Stablecoin Outflows Signal Weak Liquidity

Darkfost believes the absence of fresh capital entering the crypto market has been one of the biggest obstacles to Bitcoin’s recovery.

Exchange stablecoin reserves have steadily declined since the beginning of the year, reflecting a trend in which outflows continue to exceed new deposits.

During the past 30 days, Binance recorded approximately $1.55 billion in stablecoin withdrawals, while Bybit experienced an additional $786 million in outflows. Combined, the two exchanges have seen nearly $2.3 billion leave their stablecoin reserves over the past month.

According to the analyst, the shrinking reserves suggest that investor demand remains weak and that fresh liquidity is becoming increasingly scarce. Rather than using stablecoins to purchase digital assets, many investors appear to be withdrawing funds from exchanges, with some potentially leaving the crypto market altogether.

This cautious market sentiment has reduced the buying power available to support Bitcoin, making it more difficult for the cryptocurrency to break decisively above its long standing trading range.

Analysts See Both Risks and Opportunities

Despite the subdued market conditions, some analysts believe the current environment presents an opportunity for patient investors.

Doctor Profit recently argued that those waiting for Bitcoin’s traditional four year cycle bottom could miss the market’s next major move, suggesting that gradual accumulation may be a better strategy than trying to perfectly time the bottom.

Meanwhile, market analyst Daan Crypto Trades noted that Bitcoin remains on track to close another weekly candle above its 200 week moving average, a level widely regarded as an important long term support indicator.

However, he added that Bitcoin still needs a stronger recovery to reclaim its 200 week exponential moving average. Until that happens, the cryptocurrency is likely to remain trapped in its current choppy trading range around the $60,000 level.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin investors expecting the market to follow its traditional four year cycle may risk missing opportunities this time around, according to crypto analyst Doctor Profit, who believes changing market dynamics and growing institutional involvement could reshape Bitcoin’s historical price pattern.

While the analyst said the four year cycle accurately predicted the market top, he argues that the expected cycle bottom may not play out in the same way.

Institutional Catalysts Could Shift the Market

In a recent post on X, Doctor Profit said he does not expect Bitcoin to fall below $50,000. However, he highlighted the $54,000 level as a significant liquidity zone that remains important to monitor. A decline to that area would represent roughly a 15 percent drop from current prices.

Given that outlook, the analyst believes investors should consider gradually building positions rather than waiting for a deeper correction. He emphasized that accumulation should happen in stages instead of committing all capital at once, while also noting that he does not expect the next major rally to begin immediately.

Doctor Profit suggested that the market could move higher before the widely anticipated cycle bottom, driven by several potential catalysts expected later this year.

Among them is the planned expansion of tokenized stocks through infrastructure involving major financial institutions such as BlackRock, the New York Stock Exchange, Nasdaq, the S&P, and the Depository Trust and Clearing Corporation (DTCC). He believes these initiatives, which could advance in October following successful testing of tokenization platforms, may strengthen investor sentiment.

The analyst also pointed to speculation that the CLARITY Act could be approved in August, arguing that greater regulatory clarity would encourage institutional participation and accelerate the adoption of tokenized assets. However, prediction markets have recently become less optimistic about the bill’s chances of passing, with implied approval odds declining in recent days.

Bitcoin ETFs Continue to Attract Capital

Meanwhile, demand for spot Bitcoin exchange traded funds in the United States remains strong.

After enduring eight consecutive weeks of significant outflows, the funds have continued their recovery, posting another week of net inflows. Data from SoSo Value shows that U.S. spot Bitcoin ETFs have attracted more than $200 million in net investments so far in July, extending the positive momentum that began in the middle of the month.

During the past week alone, investors added approximately $76 million to the funds, highlighting continued institutional interest despite ongoing uncertainty over Bitcoin’s next major price move.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitmine Immersion Technologies, the largest corporate holder of Ethereum, significantly slowed its ETH accumulation over the past week, purchasing just 7,430 ETH as the company redirected capital toward repurchasing its own shares.

The reduced buying activity reflects a broader trend among corporate crypto treasury firms, many of which have scaled back digital asset acquisitions in recent weeks.

Bitmine Prioritizes Share Repurchases

Earlier this month, the Tom Lee chaired company aggressively expanded its Ethereum treasury, acquiring more than 42,000 ETH in one week and another 30,500 ETH the following week as it pursued its long term goal of holding 5 percent of Ethereum’s circulating supply.

However, the latest purchase represents a 76 percent decline from the previous week’s accumulation pace.

Even with the slowdown, Bitmine’s total Ethereum holdings have grown to 5,777,468 ETH as of July 19. Valued at approximately $10.85 billion based on an ETH price near $1,880, the position now accounts for roughly 4.8 percent of Ethereum’s circulating supply, leaving the company close to achieving its 5 percent ownership target.

Tom Lee said the company still intends to continue acquiring Ethereum on a weekly basis, as it has done since launching its treasury strategy more than a year ago. He stressed that the smaller purchase should not be viewed as a sign of weakening confidence in Ethereum.

Instead, Bitmine chose to allocate a significant amount of capital to repurchase approximately 5.5 million shares of its common stock at an average price of just over $15.60 per share. The transaction was completed under the company’s previously approved $4 billion share buyback program.

Lee described the repurchase as a move that enhances shareholder value, indicating management viewed the company’s stock as an attractive investment alongside Ethereum.

Corporate Crypto Buying Continues to Slow

Bitmine’s reduced Ethereum purchases reflect a broader slowdown in corporate cryptocurrency accumulation.

Several companies that previously made consistent digital asset purchases have stepped back in recent months, including Michael Saylor’s Strategy. After a lengthy streak of weekly Bitcoin acquisitions, Strategy paused its buying activity several weeks ago and also disclosed two Bitcoin sales.

While the company has since stopped selling, its current focus has shifted toward strengthening its U.S. dollar reserves, leaving its Bitcoin holdings unchanged as it prioritizes improving liquidity.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Strategy has once again chosen not to add to its Bitcoin holdings, extending its recent buying pause as the company prioritizes strengthening its financial position amid ongoing market uncertainty and pressure on its stock.

Although Executive Chairman Michael Saylor hinted at a potential Bitcoin update on X over the weekend, the announcement ultimately mirrored the previous week’s strategy, with no new BTC acquisitions disclosed.

Instead, the NASDAQ listed company continued building its U.S. dollar reserves. Over the past week, Strategy increased its cash position by another $225 million, bringing its total dollar reserves to more than $3.2 billion.

The company still holds 843,775 BTC, acquired for approximately $63.7 billion at an average purchase price of about $75,500 per coin. Based on current market prices, the value of its Bitcoin portfolio remains roughly $10 billion below its total acquisition cost.

Strategy Shifts Toward Liquidity Management

Recent months have marked a notable shift in Strategy’s Bitcoin approach. Rather than sticking to its long standing buy and hold strategy, the company has begun actively managing its treasury by selling portions of its holdings when necessary.

Earlier this month, Strategy completed its largest Bitcoin sale to date, offloading more than 3,500 BTC for approximately $216 million.

The company has also introduced its Digital Credit Capital Framework, a financial strategy designed to improve liquidity, support monthly preferred dividend payments, and preserve its ability to expand Bitcoin holdings over the long term.

Before this week’s update, the framework had already helped Strategy raise its U.S. dollar reserves to roughly $3 billion, providing enough liquidity to cover dividend obligations for more than two years.

While many analysts have welcomed the company’s stronger liquidity position as a prudent move, some continue to question whether the revised strategy provides a clear roadmap for Strategy’s long term Bitcoin accumulation plans.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin opened the new trading week under pressure, slipping alongside traditional financial markets in a move that closely resembled last Monday’s price action. While most major altcoins posted modest losses, Pi Network’s PI token and PUMP stood out with impressive gains.

Bitcoin Battles to Stay Above $64,000

Bitcoin began the previous week trading around $64,000 before sellers pushed the asset below $62,000. Momentum shifted after softer than expected U.S. inflation data sparked a strong rally that lifted BTC to nearly $65,600, its highest level in roughly three weeks.

The rally proved short lived, however, as Bitcoin retreated to around $62,500 by Friday. Buyers returned over the weekend, helping the cryptocurrency recover to $64,000 before climbing close to $65,000 early Monday.

The optimism faded once again as BTC slipped to approximately $63,700 during the latest trading session. Although it has recovered some of those losses, the leading cryptocurrency continues to trade just below the $64,000 mark.

Bitcoin’s market capitalization remains under $1.29 trillion, while its dominance of the overall crypto market has held steady at around 57 percent.

PI and PUMP Outperform the Market

Pi Network’s native token continued the strong momentum it built yesterday, maintaining most of its double digit gains as it attempts to break above the key $0.10 resistance level.

PUMP delivered the strongest performance among major gainers, surging more than 20 percent to trade around $0.002. On the other hand, HASH posted one of the steepest declines of the day, falling more than 9 percent.

Among larger cryptocurrencies, ZEC recorded the biggest loss, dropping about 6.5 percent to trade below $530. Other notable decliners included RAIN, Bitcoin Cash (BCH), Uniswap (UNI), and Bittensor (TAO), each falling by as much as 3 percent.

Most other large cap assets, including Ethereum, BNB, XRP, Solana, and HYPE, experienced relatively mild declines of less than 1 percent.

Overall, the cryptocurrency market shed roughly $20 billion in value over the past 24 hours, bringing the total market capitalization down to approximately $2.25 trillion.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

The week ahead features a relatively light U.S. economic calendar, but investors will still be watching closely for fresh data that could shape expectations ahead of the Federal Reserve’s policy meeting later this month.

Crypto markets remained largely unchanged over the weekend, with total market capitalization holding near $2.3 trillion as volatility stayed subdued.

Meanwhile, geopolitical tensions continue to weigh on global markets. The U.S. Central Command confirmed on Sunday that it carried out a ninth consecutive night of military strikes against Iran, saying the operations are aimed at reducing Iran’s ability to target commercial shipping and civilian vessels passing through the Strait of Hormuz.

The renewed conflict pushed oil prices higher, with West Texas Intermediate (WTI) crude climbing to $85 per barrel while Brent crude rose above $90. At the same time, U.S. equities softened last week as concerns over inflation resurfaced.

Economic Data to Watch

Monday and Tuesday are expected to be quiet, with no major economic reports scheduled.

Attention will shift to Thursday’s weekly jobless claims data, which offers insight into the strength of the U.S. labor market. On Friday, investors will receive the latest S&P Global Purchasing Managers’ Index (PMI) reports for both the manufacturing and services sectors. These indicators are widely followed as gauges of business activity and overall economic momentum.

The upcoming releases will help determine whether the U.S. economy remains resilient after last week’s inflation report came in below expectations, reinforcing optimism that price pressures continue to ease.

Market expectations currently suggest the Federal Reserve is unlikely to change interest rates at its July 29 meeting. According to the CME FedWatch Tool, traders see an 85.6 percent chance that policymakers will leave rates unchanged.

Investors will also be monitoring second quarter earnings from major technology companies this week, including Alphabet and Tesla, as their results could influence broader market sentiment.

Crypto Markets Remain Range Bound

Digital asset markets continue to trade without a clear directional trend. Bitcoin is hovering around $64,700, remaining confined between support near $62,000 and resistance slightly above $65,000.

Ethereum has also been relatively stable, trading around $1,870 while holding on to its recent gains. Bitcoin has now closed another weekly candle above its 200 week moving average, a technical level that many analysts view as an important long term indicator.

Market analyst Daan noted that a decisive move above the weekly 200 exponential moving average would strengthen the bullish outlook. Until then, he believes Bitcoin is likely to remain trapped within its current trading range, with price action continuing to be choppy around the $60,000 region.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic