Bitcoin surges toward $65,000 on softer-than-expected inflation data, but on-chain signals show two key investor groups selling into the bounce.

Forty companies now govern x402, the protocol Coinbase built and handed away. It settled about $24 million last month across 75 million payments.

Major cryptocurrencies have dropped by 2% or more in 24 hours as traders boosted bets of a July Fed rate hike.

Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is little-changed.

The BIP 110 proposal would cap arbitrary data on Bitcoin for a year, but Saylor, Adam Back and others say turning a spam dispute into a consensus fight could create a bigger risk than the spam itself.

Analysts predict a rally to $300,000 or more by 2029. But key data suggests the era of moonshots may be over.

Bitcoin is up 4.2% over seven days that contained an oil shock, a bond selloff and two rounds of U.S. strikes on Iran.

Oil climbed for a third day and gold fell for a fourth while bitcoin is up 1.6% on the week.

Major cryptocurrencies are trading in the red as renewed U.S.-Iran airstrikes push oil higher.

The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship in the Strait of Hormuz lifted oil and tested the late-June peace deal as Asian tech sold off again.

A stalling rebound in AI and chip stocks and a stronger dollar kept the mood cautious as the second half gets underway.

Barstool Sports founder Dave Portnoy said he will hold bitcoin all the way down to zero after buying near $100,000.

This cycle, about $697 billion in new money has generated a roughly 689% gain, compared with earlier cycles where far less capital drove returns of 2,000 percent to more than 50,000 percent.

Bearish traders lost $281 million in liquidations over 24 hours, nearly double the longs, as bitcoin pushed to its strongest level in two weeks. Ether is up almost 10% on the week and solana nearly 19% while a rebound in tech stocks eased the pressure from the AI trade.

Bitcoin climbed back above $60,000 for the first time in over a week after Fed Chair Kevin Warsh said inflation risks had come down. Solana led the majors, up about 16% on the week, while a semiconductor selloff hit Asian markets and dented the AI trade that has pulled capital from crypto all quarter.