Cryptocurrencies Price Prediction: Bitcoin, Crypto & Hynix – European Wrap 28 July
Bitcoin price prediction: Is $60K back in focus as headwinds mount?
Bitcoin is falling towards 63k, at a 10-day low, as a sell-off in AI-linked stocks has hit risk sentiment, spilling over into cryptocurrencies and as investors look cautiously ahead to tomorrow's FOMC rate decision.
Bitcoin is down 2.7% over the past 24 hours and more than 4% over the past seven days as it extends its pullback from 67k the July high reached last week. Altcoins are also under pressure, with the total crypto market capitalisation falling 2.6% to $2.17 trillion.
Crypto Today: Bitcoin, Ethereum, XRP remain under pressure as risk-off sentiment persists
Bitcoin (BTC) is falling toward the immediate $63,000 support at the time of writing on Tuesday, weighed down by continued risk-off sentiment. Altcoins, including Ethereum (ETH) and Ripple (XRP), remain under pressure, trading below $1,900 and $1.10, respectively.
Perpetuals tied to SK Hynix hit by flash crash to $900 on Hyperliquid
Perpetual futures tied to SK Hynix, a South Korean chipmaker whose American depositary receipts debuted on Nasdaq earlier this month, suffered a flash crash on Hyperliquid shortly before the underlying share price came under pressure in its home market.
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