Crypto Markets Under Pressure as BTC Falls Below $64K
BTC fell to around $63,870 as crypto markets came under pressure at July's end. The decline is in contrast to gains seen in traditional markets like South Korea's Kospi and U.S. stock futures.
High XRP futures interest and stable Bitcoin futures open interest indicate cautious trader sentiment. Geopolitical tensions and hawkish Federal Reserve comments have dampened recovery hopes, while low volatility hints at potential further price declines ahead.