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Present and future of Bitcoin

Bitcoin Live Pricebtc · USD · Spot
$64,192
$732.87 (-1.13%)24h
24h High$64,981
24h Low$63,866
24h Vol
NEXT BTC All-time highNot in 2026
95% chance according to Myriad
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News and sentiment

Sentiment Balance
4 bullish0 neutral2 bearish

Fed's No-Bailout Vow Removes Crypto Safety Net, Bearish for Stablecoin-Linked BTC

Bearish

  • Warsh tells Congress Fed will not rescue crypto in a market run

    In his first congressional testimony since taking the chair in May, Fed Chair Warsh stated 'We do not want to be in the bailout business, full stop,' directly rejecting 2008-style support for crypto or stablecoins. Removing the implicit backstop raises tail-risk perception across the sector, a headwind for Bitcoin.

  • No-bailout stance lands four days before GENIUS Act rulemaking deadline

    Warsh's remarks came just ahead of the July 18 statutory deadline for the Fed to finalize its GENIUS Act stablecoin framework. Regulatory uncertainty combined with an explicit refusal to intervene in a crisis amplifies contagion risk — a 2023 USDC depeg was only resolved by accident via SVB depositor relief.

  • Fed has no direct Bitcoin rescue tool, but stablecoin contagion can ripple to BTC

    A 2026 New York Fed staff report found stablecoin stress can transmit liquidity shocks to banks. If a major stablecoin breaks its peg without Fed support, the cascading exit pressure historically spills into Bitcoin, as holders sell liquid assets to cover losses.

Fed's Logan Pushes for Rate Hike, Adding Macro Headwind for Bitcoin

Bearish

  • FOMC voter Logan makes most explicit rate hike call among Fed officials

    Logan, a voting member of the FOMC, said 'modestly higher interest rates would better balance the outlook and risks' — described as the most specific tightening call from any Fed official. Higher rates raise the opportunity cost of holding non-yielding assets like Bitcoin, compressing risk appetite.

  • Core inflation stuck at 3.4%, Logan sees no clear path back to 2% target

    Core PCE sits at 3.4% and has risen since December, while Logan's best judgment is that inflation only returns to the 'mid 2s,' not the Fed's 2% goal. Entrenched above-target inflation lengthens the restrictive policy horizon, a direct headwind for risk assets.

  • Rate hike now priced for September or October despite only 12% July odds

    CME FedWatch puts just a 12.3% probability on a hike at the July 28-29 meeting, but markets expect a quarter-point increase later in 2026, likely September or October. A looming tightening cycle contrasts sharply with the soft-CPI-driven rate cut hopes that recently buoyed Bitcoin.

Citadel Securities' $400M Crypto.com bet signals deepening institutional commitment

Bullish

  • Citadel Securities values Crypto.com at $20B in first institutional round

    The $400 million investment from Citadel Securities — one of the world's largest market makers — marks Crypto.com's first institutional funding round at a $20 billion valuation. Heavyweight TradFi backing of a major crypto exchange validates the sector's infrastructure maturity and draws fresh institutional attention to digital assets.

  • BlackRock's BUIDL integrated as margin collateral, blurring TradFi-crypto lines

    Crypto.com Exchange has accepted BlackRock's tokenized fund BUIDL as collateral for margin trading, described by the exchange's MD as a blueprint for TradFi asset issuers merging with regulated crypto platforms. The move signals tokenized real-world assets are crossing from experiment to live market infrastructure.

  • CFTC-licensed derivatives expansion targets equities, commodities, and pre-IPO names

    Crypto.com, the first major crypto platform globally to secure a full CFTC derivatives license stack, plans to launch perpetual markets on equities, commodities, metals, and pre-IPO assets 24/7 on-chain. Expanding regulated derivatives deepens liquidity pathways that historically correlate with broader crypto price appreciation.

T. Rowe Price's $1.9T AUM Entry Broadens Institutional Crypto Access

Bullish

  • T. Rowe Price launches first actively managed multi-token crypto ETF

    TKNZ began trading on NYSE Arca on July 16, becoming the first actively managed multi-token spot ETP. With $1.89T in client AUM, T. Rowe Price's entry signals that institutional-grade infrastructure for crypto is mature enough to support active allocation at scale.

  • Bitcoin anchors TKNZ holdings, cementing its role as institutional gateway asset

    Bitcoin is listed first in TKNZ's eligible universe alongside Ethereum, Solana, XRP, and others. Its anchor position in a professionally managed, research-driven fund reinforces BTC's status as the default institutional entry point into digital assets.

  • Active mandate designed to capture momentum rallies and market rotations

    T. Rowe Price says TKNZ is built to capitalize on emerging trends and momentum-driven rallies — dynamics that historically benefit Bitcoin first. The 0.90% fee structure and five-manager team signal serious long-term commitment rather than a token product launch.

Breez-Turnkey Deal Lowers Custodial Barrier for Mass Bitcoin Adoption

Bullish

  • Exchanges and Fintechs Can Now Offer Bitcoin Without Taking Custody

    Breez told Bitcoin Magazine the Turnkey integration lets exchanges, fintechs, and neobanks serve large user bases without holding user funds. Removing custodial liability and licensing burden clears a structural barrier that kept mainstream apps from offering Bitcoin at scale.

  • Enclave Signing Lets One Backend Run Wallets for Millions of Users

    Turnkey's secure-enclave model keeps private keys out of reach of the app, Breez, and Turnkey itself, while a single backend can manage wallets for millions of users. The architecture eliminates the forced choice between custody risk and a ground-up app rebuild.

  • Lightning and Spark Payments Unlocked for Any App, No Seed Phrase Required

    The integration adds Lightning and Spark payment support to any app without changing existing user flows or requiring a seed phrase. Breez's SDK already supports stablecoin transfers and passkey login, making this a continued push to lower developer friction for Bitcoin adoption.

Fed Hike Bets Evaporate on Soft CPI, Lifting Risk Assets Including BTC

Bullish

  • Rate hike odds crater as bond traders unwind tightening bets post-CPI

    Money markets had priced a ~50% chance of a July Fed hike and near-certainty of one by September before June CPI. The softer-than-forecast print flipped that calculus, triggering a bond rally and broad yield drop that removes the single biggest macro headwind for risk assets like Bitcoin.

  • Falling yields send ripple across every asset class tied to cost of money

    Treasury prices climbed sharply after the CPI release as markets repriced the entire Fed rate path. Lower yields compress the opportunity cost of holding non-yielding assets, historically a tailwind for Bitcoin and other scarce-supply assets.

  • Waller's hawkish warning and Iran risks cap the upside relief

    Fed Governor Waller cautioned on July 13 that stubborn core inflation could still force tightening, and geopolitical tensions around Iran remain a wild card. With May CPI still at 4.2% year-over-year — well above the Fed's 2% target — one soft print buys time but does not confirm a policy pivot.

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