#Trump Media
2 tagPage.articles
Crypto News Deep Review July 11: BTC Breaks Above $64K, Trump Media Buys 1,500 BTC ($95.9M) in Reversal Move, Circle Gets OCC National Trust Bank Approval, CLARITY Act Draft Due Next Week, Oil Retreats to $71
Bitcoin breaks above $64K (+1.4%), holding the weekend rally. Trump Media & Technology Group reverses course — buys 1,500 BTC ($95.9M) just 6 days after selling, markets read as a bullish signal. Circle receives final OCC approval for National Trust Bank, a milestone for stablecoin regulation. CLARITY Act integrated text expected next week with Senate vote possible in late July. SK hynix ADR debuts on Nasdaq (+13%), Nvidia market cap back above $5T. Oil retreats to $71 on Hormuz reopening hopes. All eyes on June CPI (July 14) for BTC's next direction.
Deep Market Analysis July 11: BTC Breaks Above $64K, Trump Media's $95.9M BTC Buy + CLARITY Act Fuel Weekend Rally, Exchange BTC Balance at Historic 6.6% Low, CPI Next Week to Decide Direction
Bitcoin breaks above $64K (+1.4%), extending the rally to +10.7% from the July 1 low of $57,950. Trump Media's 1,500 BTC purchase ($95.9M) and CLARITY Act progress provide dual positive catalysts. The 200-week MA ($62,445) has been reclaimed. Exchange BTC balance drops to 6.6% — the lowest since 2017. VIX plunges to 15.03 as fear rapidly recedes. Next week's CPI (July 14) and the FOMC decision (July 28-29) will determine whether $64K becomes the new floor or a temporary peak.