Bitcoin's ratio to gold has fallen further below its long-term trend than at any point since 2010. The oscillator tracking that gap printed minus 1.81 standard deviations this week, a deeper reading than either the 2015 or 2022 bear market lows.

Bitcoin climbed 1.5% to $63,800 on 10th of July in a market stuck in a strange place: down roughly 50% from its high, its aggressive buyers quiet for five weeks, and the usual capitulation sellers still missing.

Bitcoin fell to $62,000 on Bitstamp within minutes of US President Donald Trump telling reporters at the NATO summit in Ankara that he thinks the Iran memorandum of understanding is "over."

Strategy sold Bitcoin last week to fund preferred stock distributions, but the sale did not reduce the company’s $1.25 billion reserve-building capacity.

Bitcoin’s latest rebound is not being tested by price alone. On-chain and derivatives data show a mixed setup: leverage has started to cool, but funding remains elevated and a growing share of exchange inflows appears to be coming from holders moving BTC under stress.

Tether is bringing USDT back to the Bitcoin blockchain where it launched in 2014, using the newly live RGB protocol to enable private, near-instant transfers over the Lightning Network.

Strategy's Bitcoin sale drew a notably measured response from major institutions, with Grayscale and Bernstein framing the move as risk-reducing rather than bearish, even as spot ETFs logged fresh inflows.

The Trump administration’s plan to establish a Strategic Bitcoin Reserve has hit a bureaucratic roadblock as federal agencies clash over custody, complicating the transition toward a sovereign reserve.

Bitcoin dropped to $61,500 on news of Strategy's recent Bitcoin sale, then reversed the entire move within hours, liquidating the shorts that chased the headline.

Strategy has sold 3,588 Bitcoin for $216 million to fund dividend payments on its Digital Credit securities, the first sale executed under the capital framework the company adopted last month.

Peter Brandt, one of the most followed chartists in the industry, said he is considering selling part of his Bitcoin for gold, reigniting the year's defining store-of-value debate.

The crypto market gained more than gold and U.S. equities over the past week just as institutional flows turned positive after weeks of redemptions.