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Bitcoin’s $69,000 test could expose its whale-led rebound as a fragile Fed gamble

Source: CryptoSlate
Bitcoin’s $69,000 test could expose its whale-led rebound as a fragile Fed gamble

Bitcoin trades near $65,978, below the $69,000 level Glassnode treats as the average cost basis for short-term holders, and the Federal Reserve's July 28-29 meeting will decide if this disconnect can be closed. June payrolls rose by only 57,000, unemployment stayed at 4.2%, and revisions cut April and May payrolls by a combined 74,000. Core […] The post Bitcoin’s $69,000 test could expose its whale-led rebound as a fragile Fed gamble appeared first on CryptoSlate.

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CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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