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Bitcoin liquidations remain subdued despite recent market sell-off
Crypto liquidations were relatively mild, reaching only about 16% of the levels seen during the market’s most severe liquidation event over the last 30 days, according to CoinGlass data.
Bitcoin drops to fresh intraday lows as global risk assets slide
Bitcoin fell to a new session low ahead of the U.S. market open as investors reacted to weakness across global financial markets.
South Korea’s Kospi index plunged nearly 10%, driven by a record 15% collapse in SK Hynix shares. The sharp decline in the memory chip sector pressured U.S. technology stocks as well, with Nasdaq 100 futures down 1.15% and Micron Technology falling 5% in pre-market trading.
Market sentiment was further impacted by renewed U.S. strikes on Iranian targets over the weekend, sending oil prices higher by 3%.
The crypto market moved lower alongside traditional assets, with bitcoin briefly falling to $62,300, down around 3% over the previous 24 hours. Other leading cryptocurrencies also posted similar losses.
Strive adds 18 BTC as corporate bitcoin holdings approach 20,000
Strive increased its bitcoin treasury by another 18 BTC last week, bringing the company’s total holdings to 19,900 bitcoin.
The firm invested approximately $1.2 million in the purchase, with an average acquisition price of $64,028 per BTC.
The purchase appears to have been funded through the issuance of additional common shares, as Strive’s outstanding share count rose from 72.946 million to 73.426 million.
ASST shares declined 2.5% in pre-market trading as bitcoin retreated from above $64,000 last Friday to around $62,500.
Bitmine boosts Ethereum reserves to 5.77 million ETH
Bitmine Immersion Technologies expanded its Ethereum holdings last week, increasing its ETH treasury to 5.77 million tokens, according to a company announcement.
Chairman Tom Lee praised the growth of Robinhood Chain, describing the Arbitrum-based Layer 2 network as one of the strongest crypto developments of 2026.
Lee said the network has already processed more than $1 billion in transaction volume and surpassed other decentralized exchanges in trading activity, highlighting Ethereum’s continued ecosystem growth.
BMNR shares fell about 2% before the market opened as ETH prices declined toward $1,770.
Strategy raises nearly $467 million but makes no bitcoin moves
Strategy (MSTR) added $466.7 million to its cash reserves last week through common stock sales, according to a regulatory filing.
The company’s USD Reserve has now increased to $3 billion.
Despite the fundraising, Strategy did not alter its bitcoin holdings, which remain at 843,775 BTC.
MSTR shares declined 3% in pre-market trading as bitcoin slipped toward $62,800.
SK Hynix plunges 15%, triggering sharp Kospi decline
SK Hynix suffered a record 15% decline on Monday, dragging South Korea’s Kospi index down 9% and triggering a temporary market-wide trading suspension.
Samsung also fell nearly 11% during the semiconductor-led sell-off.
Foreign investors sold approximately 1.7 trillion won ($1.1 billion) in Kospi stocks, with SK Hynix accounting for much of the selling pressure.
The decline came as investors locked in profits, raised concerns over future earnings, and rotated capital into SK Hynix’s newly launched U.S. depositary receipts, which jumped 13% during their debut.
After reaching a $1 trillion valuation less than two months ago, SK Hynix closed with a market value near $875 billion. Both SK Hynix and Samsung remain more than 30% below their June highs.
Oil climbs while bitcoin and metals face selling pressure
WTI crude oil gained 3% over the last 24 hours, rising above $73 per barrel as ongoing U.S.-Iran tensions supported energy prices.
Bitcoin slipped 1.45% to trade below $63,000.
Precious metals also moved lower, with gold falling 1.5% to just above $4,000 per ounce and silver dropping more than 2% to around $58.50.
Bitcoin ETFs break nine-week outflow streak with fresh inflows
Bitcoin ETFs recorded their first weekly inflows in nine weeks, attracting roughly $197 million, according to SoSoValue.
The inflows ended a prolonged withdrawal period that saw investors pull $2.43 billion from funds in May and $4.5 billion in June.
Bitcoin ETFs have generated approximately $124 million in net inflows so far in July.
TSMC revenue jumps nearly 68% on booming AI chip demand
Taiwan Semiconductor Manufacturing Co. (TSMC) posted a 67.9% year-over-year increase in June revenue, reaching around $13.8 billion, as demand for advanced AI semiconductors continued to accelerate.
The world’s largest contract chipmaker, which supplies companies such as Nvidia and Apple, reported first-half revenue of $74.99 billion, representing a 35.6% increase from the previous year.
TSMC shares gained 1% on Monday ahead of its second-quarter earnings report scheduled for July 16.
Bitcoin slips under $63,000 after Asian leverage shakeout
Bitcoin dropped to around $62,800 on Monday, falling 1.4% over 24 hours after declining from approximately $64,300 during Asian trading hours, according to CoinDesk data.
The move appeared to be a market leverage reset rather than a reaction to a fresh catalyst. Bitcoin has continued trading within a $59,000–$66,000 range over the past month.
Liquidation levels remained limited, reaching only about one-sixth of the market’s largest liquidation wave during the previous 30 days, CoinGlass data showed.
SK Hynix’s decline was driven by separate market factors, including profit-taking following its U.S. listing and investor rotation into newly launched American depositary receipts.
Although the company has fallen more than 30% from its June peak, SK Hynix shares have still gained more than 25 times since the end of 2022.
Bitcoin’s recent weakness has coincided with a broader shift in investor preference toward artificial intelligence and semiconductor stocks. Analysts at Anchorage Digital estimate that roughly 30% of bitcoin’s recent pressure has come from capital moving into AI-related investments.
Investors are now focused on the upcoming U.S. inflation data on July 14 and the Federal Reserve meeting on July 28–29, which could influence the next move for crypto markets, technology stocks, and other risk assets.
