Bitcoin dipped below $109K triggering a market retreat, with two dormant wallets moving a total of 20,000 BTC worth $2.18B in one session.
Lawmakers in the US gear up for 'Crypto Week' from July 14–18 to review major bills focusing on market structure, stablecoins, and CBDC surveillance.
Bitcoin rallied past $109K but pulled back to around $108,700, sitting close to its recent all-time high of $112K amidst concerns like rising rates and global tensions.
Market sentiment remains cautious despite ETFs loading up on BTC and corporates continuously adding to their Bitcoin holdings.