Bitcoin fell to around $62,700 on July 17, breaking below the $63,000-$64,000 support zone that many traders had been watching, while order-book data showed sell pressure near $65,000 and buying interest around $61,000-$62,000. PANews, citing BIT U.S. Stocks, Greeks.live, Coinglass and several market participants, said $1.2 billion in BTC options were set to expire with a max pain level at $63,000. Trader Killa also flagged a recurring pattern in which Bitcoin has often posted at least a 5% pullback after the 14th of the month, with 11 of the past 12 instances showing roughly that scale of decline. The report tied weakness in crypto to a broader retreat in risk assets, especially after losses in AI, semiconductor and memory shares weighed on sentiment. Nasdaq futures fell as much as 1.61% in Asian trading, while crypto-related U.S. stocks and mining names also moved lower. Ethereum held up better than Bitcoin, returning to a $1,750-$1,900 range, though traders remained divided over whether it could extend toward $2,000-$2,100 or slip back toward $1,600-$1,650. The report also highlighted ETF flow data, token unlock schedules, and upcoming AI events in Shanghai and San Francisco as near-term points to watch.

Crypto markets posted broad-based declines on July 17, according to SoSoValue, with the DeFi sector leading losses among major categories. The sector fell 5.08% over the past 24 hours, as Hyperliquid (HYPE) dropped 10.28%, DeXe (DEXE) lost 4.83%, and Aave (AAVE) fell 6.12%. Beldex (BDX) was an outlier, rising 6.61% during the same period. Among large-cap assets, Bitcoin (BTC) declined 1.79% and fell below $64,000, while Ethereum (ETH) dropped 3.53% and slipped under $1,900. Other segments of the market also moved lower. Layer2 fell 0.63%, though Mantle (MNT) gained 3.16%. CeFi was down 0.94%, with Cronos (CRO) rising 8.68% intraday. PayFi lost 2.32%, with Zcash (ZEC) down 6.88%. Layer1 fell 2.41%, led by a 4.64% decline in NEAR Protocol (NEAR). The Meme sector dropped 2.57%, while Bonk (BONK) fell 5.70%. Sector indices tracking historical performance also weakened, with ssiDeFi, ssiSocialFi, and ssiAI down 5.97%, 4.24%, and 3.56%, respectively.

On Wednesday, the crypto market staged a vigorous rebound with total market cap rising over 9%. Bitcoin surpassed $83,000 while altcoins like FARTCOIN and XCN surged more than 40%. Trading volume jumped 62% to $178 billion.

After a volatile week, the crypto market surged 9% on Wednesday, with bitcoin crossing $83,000. Altcoins outperformed, led by FARTCOIN (up 47%). Trading volume jumped 62% to $178 billion. Bitcoin dominance remains at 62.5%.

After a turbulent week, the crypto market staged a powerful rebound on Wednesday, with total market cap surging over 9%. Bitcoin crossed the $83,000 mark, while altcoins like FARTCOIN and XCN posted gains exceeding 40%. Daily trading volume skyrocketed 62% to $178 billion.

The crypto market rebound pushes total cap to $2.25T. While BTC and ETH gained ~3%, meme token SPX6900 soared 107%, with GOAT, REEF, and BABYDOGE also posting strong double-digit gains. Scroll and FTT lead the losers.

The global crypto market cap reached $2.25T with Bitcoin and Ethereum rising ~3%. However, meme tokens stole the show: SPX jumped 107.2%, GOAT gained 70.2%, and BOME rose 39.7%. Losers include SCR (-50%) and FTT (-23%). Market sentiment improves as investors regain confidence.

The crypto market turned more optimistic this week, with total capitalization reaching $2.25 trillion. Bitcoin and Ethereum posted modest gains, while meme tokens such as SPX and GOAT dramatically outperformed.