The crypto market was mixed last week, with Bitcoin remaining stuck at the resistance level at $107,000 and most altcoins plunging. Liquidations soared in the first few days of the year, while the market cap of all coins fell to $3.29 trillion. Here are the top catalysts for Bitcoin and altcoins this week. US nonfarm payrolls data The first main catalyst for Bitcoin and altcoins will be the US nonfarm payrolls (NFP) data, which will come out on Friday. Economists expect these numbers to show that NFPs fell from 139,000 to 129,000 in June as companies remained concerned about Donald Trump’s tariffs. The unemployment rate is expected to remain at 4.2%, while wage growth continued ts upward momentum. Strong jobs numbers will signal that companies are continuing hiring despite the burden presented by Trump’s tariffs. If the jobs numbers miss expectations, they will put more pressure on the Fed to slash interest rates during the month. ADP will publish its estimate of private payrolls data on Wednesday, while the Bureau of Labor Statistics (BLS) will release the latest job vacancies data. The other top macro events will be the upcoming ISM and S&P Global manufacturing and services PMI numbers. These are important leading indicators that provide more information about the state of the economy. OPEC+ meeting The other potential catalyst for Bitcoin and altcoin prices will be the upcoming OPEC+ meeting this week. This is a closely-watched monthly meeting where members deliberate on oil output or an increase. The cartel has been increasing output over the past few months, and this trend is expected to continue this week. Analysts expect the increase to come in at 411,000 barrels per day in August. The increase is being driven by the cartel’s goal of gaining market share in the oil market. It is also happening as some cartel members boost their overproduction. Iran is expected to boost more production after the recent war ended. OPEC+ meeting impacts Bitcoin and altcoin prices because of its impact on crude oil prices. Higher oil prices lead to inflation, which may push the Fed to maintain high interest rates for longer. Lower oil prices often contribute to low inflation, which may catalyze interest rate cuts, boosting crypto prices. Brent and WTI prices have dropped in the past few days as the crisis in the Middle East ended. The tariff deadline is nearing The next catalyst for Bitcoin and altcoin prices will be the upcoming July 7 tariff deadline by the United States. With the deadline nearing, traders will watch out on whether Trump will reach deals with some key markets like Japan, South Korea, and the European Union. A tariff deal, such as the one the US reached with China, will be bullish for the crypto market because it will trigger a risk-on sentiment among market participants. Trump has already reached a deal with China and the UK, and more countries are expected to sign agreements. Top token unlocks this week Some crypto prices will be impacted by token unlocks this week. A token unlock occurs when new tokens are released to the market according to the vesting schedule. A token unlock often leads to higher supply in the crypto market, which may lead to lower prices. Some of the top token unlocks scheduled for this week are Origin Protocol, Maverick Protocol, Adventure Gold, Gravity, NAVI Protocol, and Alchemy Pay. Further crypto prices may react to the start of July, which is historically a bullish one for them. The average monthly return in July on Bitcoin is 7%, higher than June’s minus 2%. Finally, traders will focus on the surging Bitcoin and Ethereum ETF inflows. The post Top catalysts for Bitcoin and altcoins this week appeared first on Invezz
Donald Trump’s increasing endorsement of Bitcoin has sparked a heated debate, with economist Peter Schiff warning that this shift could undermine the U.S. dollar’s global dominance. While Trump highlights Bitcoin’s
Moves highlight growing trend for businesses to turn themselves into proxies for the cryptocurrency
Trump's stance influenced Bitcoin's market activity positively. The EU and U.S. Continue Reading: Trump Powers BTC as European Tensions Quietly Surmount The post Trump Powers BTC as European Tensions Quietly Surmount appeared first on COINTURK NEWS .
Only a limited number of Bitcoin treasury companies are expected to weather the storm as market conditions tighten, according to a recent report from venture capital firm Breed. The report highlights the risk of a “death spiral” for firms holding Bitcoin that trade near their net asset value (NAV), potentially leading to widespread market instability. The Role of MNAV in Treasury Company Resilience The success of Bitcoin treasury companies is closely tied to their ability to maintain a market value that exceeds their NAV, referred to as MNAV. According to Breed, the higher this multiple, the greater the firm’s ability to attract critical debt and equity financing needed for converting fiat capital into Bitcoin. When this premium erodes, the risk of financial instability increases sharply. Breed outlined a seven-stage process that begins with a decline in Bitcoin’s price. As Bitcoin value falls, so does the company’s MNAV, bringing share prices closer to their underlying NAV. This dynamic reduces investor confidence and makes it increasingly difficult to raise additional capital. This lack of access to fresh credit, combined with looming debt maturities, can trigger margin calls. Firms may be forced to liquidate their Bitcoin holdings at inopportune times, further depressing the asset’s price. This may result in a consolidation wave, with stronger companies absorbing weaker ones, potentially leading to a broader crypto market downturn. “Ultimately, only a select few companies will sustain a lasting MNAV premium,” Breed’s report stated. “They will earn it through strong leadership, disciplined execution, savvy marketing, and distinctive strategies that continue to grow Bitcoin-per-share regardless of broader market fluctuations.” Equity Financing Provides Some Market Protection The report notes that the potential fallout from the “death spiral” may be limited, at least in the near term. Breed’s researchers said most Bitcoin treasury companies are currently funding their operations through equity rather than debt. This reduces the risk of forced Bitcoin sales due to debt pressures, which could otherwise cause more significant market disruptions. However, this balance could shift in the future. If debt financing becomes more attractive or widespread, the sector might face deeper vulnerabilities, increasing the chance of systemic risk. Treasury Bitcoin Holdings Surge in 2025 The corporate Bitcoin treasury trend has grown rapidly, especially since 2020 when Michael Saylor’s company, Strategy, began acquiring large quantities of Bitcoin as part of its financial strategy. Since then, the idea has caught on across the financial world. In 2025, over 250 entities now hold Bitcoin as a treasury asset. These include corporations, pension funds, ETFs, government agencies, and crypto service providers. Breed’s report warns that only a fraction of these entities are structurally sound enough to withstand extended volatility and maintain a MNAV advantage. The concern is that others, particularly those heavily reliant on market price appreciation and external financing, may not survive prolonged market downturns. As competition intensifies and the market consolidates, only the most disciplined and strategically agile companies will likely remain standing.
Bitcoin is rapidly emerging as a serious strategic reserve asset, and India now faces a critical economic moment that could redefine its global financial leadership trajectory. Bitcoin Reserve Strategy Gains Attention as India Faces Economic Crossroads Growing adoption of bitcoin as a strategic reserve asset is prompting countries to reconsider BTC’s role in national economic
According to recent market intelligence from COINOTAG News on June 29th, the U.S. Senate has secured sufficient support in a procedural vote to advance the Trump administration’s proposed tax reform
Bitcoin shows strong fundamentals, but weak sentiment keeps traders cautious.
According to HyperInsight data reported by COINOTAG News on June 29th, trader James Wynn initiated a significant Bitcoin short position on the Hyperliquid exchange. The position, leveraged at 40x, carries
Bitcoin has come a long way from merely being a financial experiment to becoming an important store of value. Currently sitting at a six-figure valuation, the flagship cryptocurrency has amassed a horde of investors who actively profit from its directional movements. Despite all its growth, Bitcoin’s price action still stands influenced by moments of frenzy, fear, and also caution in investors. At the moment, on-chain data points out that Bitcoin might be at a phase where caution is the order of things. Here are the details of this revelation. 90-Day CVD Shifts To Neutral After Prolonged Trends In a June 27 post on X, the social media platform, crypto analyst Maartunn revealed that there has been an important shift in an important metric. The relevant indicator here is the 90-day Futures Taker Cumulative Volume Delta (CVD) metric, which tracks the net buying or selling pressure in BTC’s futures market. A positive and rising value of the metric usually means that the futures market is dominated by the buyers (Taker Buy Dominant). On the other hand, when the indicator is negative, it means that the futures market is being dominated by the short traders (Taker Sell Dominant). In the post on X, Maartunn pointed out that the current 90-day CVD is flat, which indicates a balance between bullish and bearish forces in the market. While the Bitcoin price might have shown good signs of recovery, this piece of on-chain data suggests that the market leader might return to a consolidation range. Bitcoin Fear And Greed Index At Neutral Levels In another June 27th post on X, crypto analytics firm Alphractal made an on-chain observation, which shares similar implications with Maartunn’s report. Alphractal’s revelation was based on the Bitcoin: Fear and Greed Index Heatmap metric, which tracks the market sentiment shift — from extreme fear to extreme greed — over time. The metric ranges with values from 0 to 100. The range 0-24 signals extreme fear in the market; 25-49 reads as fear, while 50 is interpreted as a neutral level, where there’s a balance between both market sentiments. On the other side of the spectrum, ranges 51-74 signal greed in the market; 75-100 signifies extreme greed in the market , showing widespread optimism that often precedes market tops. According to data from Alphractal, the Fear and Greed Index is at 65, which is still far from the +90 levels observed in November and December 2024. This balance between the buyers and sellers could suggest that the market could be awaiting a catalyst, like macro news or on-chain developments, to get a breakout to either side of the market. Due to the current uncertainty, traders are advised to tread with caution in the market. As of press time, Bitcoin is valued at about $107,143, with the cryptocurrency losing approximately 0.11% in the past 24 hours. Related Reading: Bitcoin’s Price Surges Toward Recent Highs, But Retail Traders Load Up On Shorts