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Bitcoin rose 1.60% to $65,479, with analysts flagging $65,700 as near-term resistance and $64,000 as key support.
Ethereum climbed 3.03% to $1,922, outperforming Bitcoin on strengthening institutional accumulation trends.
Hyperliquid led major tokens higher, gaining 4.57% as traders awaited the Federal Reserve's policy decision.
Bitcoin traded near $65,479 on Tuesday, up close to 1.6% from the previous session. The move followed a fifth straight day of net inflows into US spot Bitcoin ETFs.
Ethereum outpaced the broader market, climbing over 3% to $1,922. Hyperliquid led gains among large caps, rising 4.57% on renewed derivatives activity. Traders now look toward the Federal Reserve's July 28-29 meeting for direction.
Bitcoin trades near $65,479.54, up 1.60% over the past 24 hours. The figure reflects CoinMarketCap data tracked through today's session. Price action stays tied to ETF flows, Fed expectations, and oil prices.
Here are today's views from leading crypto market analysts on Bitcoin's price structure and the broader macro backdrop.
Akshat Siddhant, Lead Quant Analyst at Mudrex, said Bitcoin climbed to a one-month high of $65,700. Reports that Iran sought to revive ceasefire talks eased tensions and lowered oil prices.
He further added that declining exchange reserves point toward a potential short squeeze building. Capital rotating out of technology stocks has also lifted crypto sentiment to its strongest level since early June. He flagged $67,000 as the level that could open the door toward $70,000, with support now at $64,000.
Vikram Subburaj, CEO of Giottus, placed Bitcoin near $65,200, up about 1.1% on the day. He cited roughly $610.5 million in cumulative ETF inflows across five sessions. Subdued spot market activity, though, suggests investor conviction remains limited for now.
He flagged the July 28-29 Fed meeting as the next major catalyst, with markets pricing low odds of a July hike. Resistance sits near $65,700, then $67,000, while support holds between $64,500 and $65,000.
The CoinSwitch Markets Desk said Bitcoin recovered above $65,000 as ETF inflows and derivatives data improved. Futures open interest rose to $32 billion, while options data showed reduced demand for downside protection. Spot volumes, however, stayed limited, pointing toward a likely consolidation phase. Geopolitical tensions and a cautious Federal Reserve continue to cap upside momentum.
Also Read: US Spot Bitcoin ETFs Extend Winning Streak With $79.15M in Fresh Inflows
Nischal Shetty, founder of WazirX, shared that Bitcoin gained 0.57% to around $65,047 while Ethereum rose 1.22% to $1,894. Institutional selling in tech stocks kept broader risk appetite cautious. Bitmine raised its ETH treasury to 5.78 million tokens, nearly 4.8% of circulating supply. He flagged $64,200 to $63,700 as immediate Bitcoin support, with $66,000 as the next upside target.
Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin recovered above $65,000 on improving institutional demand. US spot ETFs logged roughly $110 million in inflows Monday, extending a fifth positive session.
She further explained that a break above $65,700 to $66,000 could strengthen momentum. Ethereum is testing resistance near $1,910 to $1,945, with $1,875 as key support.
Here is a look at today's top crypto prices, based on CoinMarketCap data as of July 21.
Biggest Gainers: HYPE, ETH, XRP
Hyperliquid led today's board, climbing 4.57% on renewed derivatives trading interest. Ethereum followed with a 3% gain, while XRP added close to 3% on broader altcoin strength.
Relative Laggards: USDT, USDC, TRX
Tether and USDC held their dollar pegs without slippage through the session. TRON posted the smallest move among majors, gaining just 0.17% against a mostly green board.
Bitmine increased its ETH treasury to 5.78 million tokens, representing nearly 4.8% of the circulating supply. The move signals continued institutional confidence in Ethereum's long-term staking economy.
Nearly 85% of those holdings currently sit staked, reinforcing long-term accumulation behavior. Analysts view this scale of treasury growth as a structural demand driver for ETH prices.
The Bank of Korea announced plans to test live CBDC transactions with nine banks starting in September. The pilot marks a meaningful step toward broader digital currency adoption across the region.
Regulators aim to assess settlement speed and interoperability before wider rollout decisions. The trial adds to a growing list of central banks piloting digital currency infrastructure this year.
The European Central Bank cautioned that widespread stablecoin adoption could erode traditional bank deposit bases. Policymakers see this as fresh pressure to accelerate digital euro development plans.
The warning follows steady stablecoin growth tied to payments and remittance use cases globally. Analysts expect regulatory debate around stablecoin oversight to intensify through the second half of the year.
Also Read: Best Altcoins to Buy Before Bitcoin's Next Bull Run
Alphabet shares gained 1.5% following reports that Google is developing an AI server chip. Wall Street closed marginally lower overall as Apple slipped 2% on valuation concerns.
Bitcoin holds near $65,479 as steady ETF inflows offset lingering geopolitical caution. A close above $65,700 could open the path toward $67,000.
A slip under $64,000 risks exposing lower support levels near $63,000. Ethereum trades near $1,922, testing resistance below its recent highs.
The Federal Reserve's July 28-29 meeting remains the key catalyst for near-term direction. Oil prices and Treasury yields stay in focus as secondary risks through the week.
1. What is the Bitcoin price today?
Bitcoin trades near $65,479.54, up 1.60% over the past 24 hours. The $64,000 zone remains key support for traders, while $65,700 is the next resistance level to watch throughout today's session.
2. Why is Ethereum outperforming Bitcoin today?
Ethereum gained over 3%, supported by rising institutional accumulation and treasury expansion from major holders like Bitmine. Analysts see this structural demand as a key driver behind Ethereum's stronger relative performance this week.
3. What is the Federal Reserve's next meeting date?
The Federal Reserve meets on July 28-29 to decide on interest rates. Markets currently price in low odds of a July hike, with a September move seen as more likely among traders.
4. Why did Bitmine increase its ETH treasury?
Bitmine raised its holdings to 5.78 million ETH, nearly 4.8% of circulating supply. Almost 85% of those tokens are currently staked, reflecting a long-term accumulation strategy rather than short-term trading positioning.
5. What should investors watch this week?
Investors should track Federal Reserve commentary, ETF flow trends, oil price movement, and central bank digital currency developments, since all four factors are likely to steer near-term crypto price direction this week.
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