Monday Market Headlines
| Event |
Key Point |
| 📈 BTC Breaks $65K |
High of $65,067 — needs daily close above 50-month EMA ($65,300) for confirmation |
| 🛢️ US-Iran → Brent $90.85 |
Iran strikes US bases + Strait of Hormuz threatened — biggest oil single-day gain of 2026 |
| 💥 $578M Long Squeeze |
73.94% of liquidations were long positions |
| 🟣 ETH $1,868 Modest Gain |
+0.35%, underperforming BTC, ETH/BTC slips to 0.0288 |
| 🔴 Allbridge Core Hacked |
Solana bridge exploited for $1.1M+ via flash loan |
| 🔓 ZRO + KAITO Token Unlocks |
Combined $37.15M unlocked (ZRO 4.60% + KAITO 4.30% circulating supply) |
| 🏦 Ripple+JPMorgan Milestone |
First tokenized treasury cross-border transfer on XRP Ledger (<5 seconds) |
| 🔬 Quantum-Safe BTC |
Project Eleven BIP-361 — zero-knowledge proofs in 243ms on consumer hardware |
| 😨 Fear & Greed Index 29 |
Up from weekend 25, still in "Fear" territory |
| 📅 FOMC Jul 28-29 |
Next major macro catalyst |
I. 📈 BTC Breaks $65,000 — Breakout or Fakeout?
Price Detail
BTC extended its weekend momentum into Monday's Asia session, finally breaching the $65,000 level:
| Dimension |
Data |
| High |
$65,067 |
| 24h Change |
+0.23%~+0.66% |
| Level broken |
$65,000 (psychological) |
| RSI (14) |
~50-52 (neutral-bullish) |
| Key confirmation |
$65,300 (50-month EMA) |
| Status |
Held below — not confirmed |
Analyst View
- DonAlt (accurately called XRP 700% rally): BTC must hold $61,000, otherwise targets ~$45,000
- Market consensus: A valid breakout requires at least 1-2 daily closes above $65,300
- Volume characteristic: Normal weekday volume — more credible than weekend bounce
Key Levels
| Level |
Price |
| Resistance |
$65,300 (50-month EMA) → $67,037 (Fibonacci) |
| Support |
$63,702 (20-day MA) → $61,000 (bull/bear line) |
| Breakdown |
~$45,000 (DonAlt warning) |
II. 🛢️ US-Iran Conflict — Oil Breaks $90
July 20 Escalation
The US-Iran conflict reached a new intensity level on Monday:
| Event |
Detail |
| Iran action |
Struck US military bases in Middle East + threatened Strait of Hormuz |
| Brent Crude |
$90.85 (+3.12%) — highest since June 11 |
| WTI Crude |
$85.05 (+3.1%) |
| Conflict duration |
Entering Day 9 (since July 11 first airstrikes) |
| Strait of Hormuz |
Continued threat — 20% of global oil transit |
Market Transmission
| Channel |
Impact |
| Oil $90+ → Inflation expectations ↑ → CPI rises → FOMC hawkish |
🔴 Long-term bearish for crypto |
| Oil shock → Risk-off → Risk asset selloff |
🔴 Short-term BTC pressure |
| Geopolitical risk → Safe-haven demand → BTC as store of value |
🟢 Partial hedge (debated) |
III. 💥 $578M Long Liquidation — Massive Leverage Washout
Liquidation Data
| Metric |
Value |
| Total 24h liquidations |
$578.1M |
| Long liquidations |
$427.4M (73.94%) |
| Short liquidations |
$150.7M (26.06%) |
| Top exchange |
Binance ($13.17M in 4h, 76.7% long) |
| Derivatives volume |
$338.2B (+14.97%) |
| Stablecoin volume |
$39.2B (+6.97%) |
Takeaway
- ✅ Positive: Overheated longs flushed — healthier market structure. Stablecoin volume up 6.97% suggests sidelined cash.
- ⚠️ Cautious: If BTC can't hold $65K+, newly built long positions risk being liquidated again.
- 📊 Signal: Derivatives volume +14.97% — market activity recovering with elevated risk.
IV. 🔴 Allbridge Core Flash Loan Attack — Solana
Details
| Dimension |
Information |
| Target |
Allbridge Core (Solana cross-chain bridge) |
| Method |
Flash loan — borrowed 1.12M USDC from Kamino |
| Exploit |
Manipulated pool rate → drained liquidity → repaid in same tx |
| Loss |
>$1.1M |
| Attacker |
Still at large |
This is the latest in 50+ DeFi attacks in 2026, with total yearly losses exceeding $840M.
V. 🟣 Altcoin Action
ETH $1,868
ETH +0.35% underperforming BTC's +0.66%. ETH/BTC slipped to 0.0288 — capital hasn't rotated to ETH yet.
XRP: Ripple+JPMorgan+Mastercard Milestone
First cross-border tokenized treasury transfer on XRP Ledger:
| Detail |
Data |
| Settlement |
<5 seconds (vs 2-3 days traditional) |
| Chain |
XRP Ledger |
| Participants |
Ripple, JPMorgan, Mastercard, Ondo Finance |
| Asset |
Tokenized US Treasuries |
Token Unlocks
| Token |
Amount |
% Circulating |
| ZRO |
$20.55M |
4.60% |
| KAITO |
$16.6M |
4.30% |
VI. 🔬 Project Eleven BIP-361
| Metric |
Detail |
| Proposal |
BIP-361 — quantum-safe Bitcoin via ZK proofs |
| Performance |
243ms on MacBook Air M5 |
| Protects |
All BTC addresses (incl. ~1.1M BTC from Satoshi) |
| Innovation |
No address freezing needed |
VII. Week Ahead
| Event |
When |
Impact |
| CLARITY Act Senate text |
This week |
⭐⭐⭐⭐⭐ |
| US-Iran / Oil |
Ongoing |
⭐⭐⭐⭐ |
| Big Tech earnings |
This week |
⭐⭐⭐ |
| FOMC rate decision |
Jul 28-29 |
⭐⭐⭐⭐⭐ |
| Congress recess |
Aug 7 |
⭐⭐⭐⭐⭐ |
⚠️ Disclaimer: This is a news review for informational purposes, not investment advice. The market faces triple uncertainty: US-Iran conflict (Brent $90+), FOMC approaching, and CLARITY Act window narrowing. BTC's $65K breakout is technically unconfirmed. Manage risk carefully.
Recommended: Binance Registration | OKX Registration
📚 Further Reading: On-Chain Guide — Blockchain from Zero — Blockchain basics
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