Real-world assets, commonly shortened to RWAs, are traditional investments such as Treasury bills, company shares, loans, and property that are represented through blockchain-based tokens.

Ethereum was rejected near $1,930 and subsequently fell through the 0.382 Fibonacci retracement. The decline has returned ETH to the former resistance area that blocked buyers for almost 10 days before the breakout. That makes the current pullback a direct test of the new market structure. 

Bitcoin broke down from its two-week rising channel on July 13, falling 1.4% to $62,860 while US forces struck Iran over the weekend, and the rejection at the 50-day moving average arrived before the Strategy disclosure and CPI print the market was supposedly waiting for.

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