Crypto: perpetual stocks rise from 15 to 250 billion dollars in 3 months. Discover our complete and detailed analysis.
The prospect of a monetary tightening in September is fading in the United States. The latest inflation and consumption data have reassured the markets and reduced expectations of a Federal Reserve rate hike. This scenario change offers a respite to risky assets, including cryptos. However, caution remains warranted, as U.S. debt and geopolitical tensions could still weigh on the Fed's upcoming decisions and market trajectories.
Financial markets are hitting record highs, gold regains its safe haven status, but bitcoin remains stuck below $65,000. This inertia contrasts with the euphoria seen in traditional assets and fuels investors' questions. Indeed, the return of stagflation fears in the United States, persistent tensions in the Middle East, and a more uncertain macroeconomic environment blur the benchmarks. Why does the leading crypto remain aside while other markets advance? This divergence could signal a turning point for the market.
Has bitcoin really hit its bottom, or is the market about to undergo a new wave of capitulation? While investors hope to see the correction lose steam, Michael Terpin, a historic figure in the crypto ecosystem and author of Bitcoin Supercycle, cools expectations. According to him, the purge is far from over: BTC could still retreat to $40,000 to $50,000 before starting a new bullish cycle. A projection based on his model of the "Four Seasons of Bitcoin," built around the rhythm of halvings.
The race for crypto treasuries is accelerating among listed companies, where each acquisition becomes a leverage for valuation and a signal sent to the markets. In this battle, Bitmine Immersion Technologies (BMNR) has just scored a new point. On August 3, the company revealed a weekly report combining a new accumulation of Ether (ETH) and a large share buyback program. An aggressive strategy that confirms the rise of ETH treasuries and revives the debate on the place of the second-largest crypto in corporate finance.
For years, a rule seemed immutable: when bitcoin soared, altcoins followed in its wake. This mechanism, which shaped several bullish cycles, now shows signs of exhaustion. Capital no longer spreads across the entire market but converges towards a handful of favored assets. Thus, the latest Wintermute report reveals this break. The massive influx of institutional investors is reshaping liquidity flows and questions the idea of a generalized altseason.
American crypto regulation has just taken a new step. On July 28, Paul Atkins, chairman of the SEC, publicly supported the CLARITY Act, a bill intended to finally define the rules of the crypto market in the United States. This stance strengthens the chances of adopting a highly anticipated text by investors, platforms, and issuers. Now in the hands of the Senate, the bill could offer the country its first comprehensive supervisory framework for these assets.
A few days before the monthly close, bitcoin sends a signal that worries the market. For the third time in a few hours, the leading crypto failed below the $65,500 resistance, triggering a wave of liquidations estimated at $75 million. This new rejection reminds us that a market dominated by leverage can flip in moments, between hopes of recovery and a sudden return of selling pressure. A technical weakness that reignites questions about bitcoin's ability to regain bullish momentum.
Is Ethereum just going through a simple consolidation phase or have investors already turned the page? While the crypto market watches for the slightest sign of a rebound, prediction platforms like Polymarket display a pessimism rarely seen towards the sector's second largest capitalization. Having returned around 1,880 dollars after a brief passage above 1,950 dollars, ETH remains above its late June low at 1,510 dollars, without convincing. This gap between a still solid network and a degraded market sentiment raises the question: how far can distrust go?
Small holders abandon XRP, whales buy without hesitation. This unprecedented divide within the Ripple ecosystem reveals a massive token transfer between investors with opposite strategies. On-chain data shows that modest wallets capitulate under the effect of volatility, while the largest fortunes methodically strengthen their positions. This shift occurs as XRP has rebounded over 8% in five weeks and regained the $1.16 level. Such a signal could say much more about the market dynamics than just the price evolution.
Ethereum has just regained a level of dominance it had not reached for months. By crossing the 10% threshold of the total market capitalization again, the second largest global crypto records a surge that exceeds that of the ten largest assets over a week. This comeback reignites speculations about a new bullish phase, especially since no major event seems, at first glance, to explain such a movement.
The World Cup final delivered its verdict on the field. On prediction markets, it marked the end of a speculative frenzy worth several billion dollars. After Spain's victory over Argentina (1-0), the combined open interest of Kalshi and Polymarket fell by nearly 20% from its peak of about 2 billion dollars reached in early July. This sharp decline reveals the dependence of prediction platforms on major media events and reignites the debate about their ability to maintain user engagement outside global events.
A few hours before the World Cup final played this Sunday at MetLife Stadium, another match is taking place far from the field. Prediction platforms have already recorded $5.57 billion in cumulative trading volumes, an unprecedented level that far exceeds the world of traditional sports betting. This rush to predictive markets illustrates the rise of a new ecosystem where decentralized finance, regulated event contracts, and football passion converge. Such a shift could redefine how the public anticipates major sporting events.
Bitcoin seems frozen for several sessions. However, far from spot charts, institutional investors are increasing bets on the derivatives market. An unusual concentration of very short-term positions reveals that operators are preparing for an event likely to tip the market. Behind this turmoil, price levels that professionals watch before the next U.S. monetary deadlines already emerge.
Long supported by the enthusiasm of social networks and Elon Musk's statements, Dogecoin (DOGE) is going through a decisive phase. While the crypto market experiences a resurgence of volatility and investors reduce their exposure to the riskiest assets, the famous memecoin once again sees its model put to the test. Between loss of visibility, selling pressure, and waiting for a new catalyst, DOGE illustrates the limits of an asset whose value largely depends on the attention it manages to capture.
Cryptos are no longer just a playground for speculation. For Larry Fink, CEO of BlackRock, the market is entering a new phase driven by tokenization, better risk management, and more rigorous project selection. Interviewed on CNBC on July 15, 2026, the leader of the world’s largest asset manager delivered a comprehensive vision beyond bitcoin. At a time when investors seek more stability than promises, his statements illustrate the accelerated convergence between traditional finance and the crypto ecosystem.
Decentralized prediction markets are experiencing a meteoric rise, to the point of becoming true barometers of market expectations. However, this growth hides a major flaw. A university study reveals that sophisticated actors manage to manipulate certain very short-term contracts to influence the price of the leading crypto. These findings highlight the limits of a booming sector, even as prediction platforms attract the attention of regulators and establish themselves as a new battleground between financial innovation and state oversight.
As on-chain data establishes itself as a credibility barometer, the XRP ecosystem once again attracts attention thanks to tangible adoption indicators. This development reveals a deeper market transformation, where the strength of a network is measured as much by the daily engagement of its users as by its ability to attract institutional capital.
The first half of the year ends with a resounding warning signal for the crypto ecosystem, illustrating the inherent fragility of highly volatile markets in the face of global macroeconomic dynamics. Traditional stock indices show insolent resilience while the crypto market undergoes a purge, challenging theories of stabilizing institutional adoption.
Bitcoin is going through a crucial structural adjustment phase that tests the resilience of the newest investors. In a financial environment accustomed to violent corrections, the sudden emergence of massive selling pressure rekindles fears of an imminent market purge. This situation occurs in a context of tightening global macroeconomic conditions and a marked disengagement of major American institutional players. It is essential to understand the dynamics underlying this capitulation movement to anticipate the short-term trajectory of the world’s leading crypto.
The history of financial markets often unfolds through the psychological crises of its most exposed players, and the crypto sector has just provided a spectacular illustration. The abrupt reversal of a seasoned investor from the Silicon Valley elite exposes the fragility of technological certainties in the face of the brutal economic cycles of the blockchain. As the market goes through a period of severe turbulence, this radical decision echoes the latent doubts of a part of the tech community.
The financial architecture of cryptos will undergo its biggest technical review of the year, redefining the balance of power between buyers and sellers. As Friday, June 26 approaches, the crypto derivatives market freezes in the face of an unprecedented concentration of over-the-counter and regulated contracts reaching their expiration. This situation is crucial because it coincides with a 14% correction in the flagship crypto’s price over the past month, worsening the vulnerability of institutional and retail operators.
While the greatest teams on the planet prepare to step onto the North American fields, another indicator is already drawing attention: that of prediction markets. Before the kickoff of the first match of the 2026 World Cup, bets on dedicated platforms have surpassed two billion dollars, a threshold that testifies to the rise of this new form of collective anticipation. Between trader enthusiasm, tight competition among favorites, and a new competition format, this World Cup is already a large-scale laboratory for the prediction market industry.
The crypto market regularly experiences phases of euphoria and disappointment, but certain indicators help identify moments when investor sentiment truly breaks down. For XRP, the latest data published by Glassnode indicate that such a breaking point may be underway. The on-chain analysis company observes both an explosion in loss sales and a sharp contraction in network activity, reflecting a profound change in market dynamics.
Since its peak in October 2025 at $126,000, Bitcoin has lost more than 40%. The Fear & Greed index is in the extreme fear zone, institutional ETFs are recording net outflows, and obituaries are blooming again. Yet, bitcoindeaths.com already counts 472 since 2010. They all appear at the same time: exactly this one.
Is bitcoin replaying the scenario that triggered its collapse in 2022? While the market's leading crypto fell to 59,100 dollars, some analysts are seeing the reappearance of technical signals that marked the previous bear market. This alarming interpretation contrasts with the optimism shown on Ethereum and the rebound expectations emerging around XRP. Between extreme fear and bets on a reversal, the crypto market finds itself at a new tipping point.
Donald Trump presented himself as the most crypto-friendly president in American history. Yet, the figures reveal a very different reality. According to a study, nearly 46,000 Bitcoin millionaire addresses disappeared during the first 500 days of his term. A surprising finding that contrasts with the enthusiasm following his election and reminds us that even in a favorable political environment, bitcoin remains subject to the relentless laws of the market.
Bitcoin is retreating, but it is mainly the change in investors' attitude that draws attention. Faced with a BTC back at its lowest levels in several months, many traders now favor protective strategies rather than bets on a rebound. Such a rise in caution, visible in the derivatives market, could offer valuable insight into investors' expectations for the coming weeks.
The gold market abruptly loses momentum. After several weeks of gains and projections beyond $5,000, the yellow metal now shows increasing signs of weakness. The break of a major technical support, combined with rising volatility and the return of selling pressure, revives scenarios of a deeper correction. Investors are now watching the $4,376 level, while some analysts already mention a return towards $3,500.
XRP is going through a phase of extreme tension. According to Santiment data, active wallets over the last thirty days show an average loss of 47%, a level associated with market capitulation periods. This persistent weakness contrasts with the activity of the XRP Ledger and Ripple’s continuous progress on the institutional front. Such a discrepancy reignites doubts about XRP's ability to regain a sustainable bullish momentum.