Crypto Price Prediction News Today: Bitcoin, Ethereum, BONK React

Crypto Price Prediction News Today: BTC, ETH React to 5 Events

Crypto markets had a busy few days. Bitcoin climbed back above $64,000, Ripple picked up a major license in Europe, and a memecoin project lost $20 million in a governance exploit.

This crypto price prediction news today roundup looks at what happened and what it could mean for prices going forward.

Five separate stories are shaping sentiment right now. Some are bullish. Some are warning signs. Together, they paint a picture of a market that is recovering but still fragile.

What is the price of Bitcoin and Ethereum today?

Bitcoin trades around $64,000 as of Tuesday, up roughly 0.8% over the past day. The coin tested resistance near $64,500 and has held most of its recent gains.

Ethereum sits close to $1,798, up slightly on the day. ETH has actually outperformed Bitcoin over the past week, gaining about 6% more.

Bitcoin is still well below its October 2025 all-time high near $126,000. The current stretch is widely described as a corrective phase rather than a fresh bull run.

Why did Bitcoin bounce back this week?

A few factors pushed Bitcoin higher. Short positions were squeezed as price cleared resistance, with roughly $86 million in short liquidations compared to about $54 million in longs, forcing bearish traders to cover.

Spot Bitcoin ETFs also snapped a 10-day outflow streak, taking in more than $265.69 million in net inflows. That followed a rough June, when the ETFs saw over $4.5 billion in redemptions.

Sentiment remains cautious. The Crypto Fear and Greed Index sits at 28, still in "Extreme Fear" territory, though it has climbed roughly 10 points as Bitcoin recovered from lows near $58,000 to $59,000.

How is Strategy's Bitcoin sale affecting the market?

Strategy, the largest corporate holder of Bitcoin, sold 3,588 BTC last week for about $216 million. The company used the funds to cover dividend payments on its preferred stock and rebuild cash reserves.

This was one of the company's first meaningful reductions in Bitcoin holdings since 2022. Its total stash now sits at 843,775 BTC. The sale did not appear to crush prices, since Bitcoin still closed the week higher.

Still, it raises a question worth watching. If a major holder needs to keep selling to fund dividend obligations, that could add steady sell pressure over time, even in a rising market.

What is happening with Ripple and European regulation?

Ripple secured a full license under the European Union's MiCA framework, granted by Luxembourg's financial regulator. This lets Ripple offer regulated crypto services across the entire European Economic Area.

The approval matters because MiCA's transition period ended on July 1. Crypto firms operating in the EU now need full authorization, or they must stop offering regulated services there.

Not every company made the cut. Binance withdrew its MiCA application in Greece and plans to reapply elsewhere in the bloc. Ripple, by contrast, now holds more than 75 licenses worldwide, a scale few competitors can match.

Regulatory wins like this tend to support longer-term confidence in a project, even if they do not move short-term price charts much on their own.

What happened in the BONK DAO exploit?

BONK, a Solana-based memecoin, lost about $20 million after an attacker manipulated its governance system.

As per the tweet, the attacker spent roughly $4.4 million buying enough BONK tokens to pass a proposal that transferred treasury funds to a wallet they controlled.

Every step of the attack used legitimate transactions. The vote passed with just seven wallets voting yes, against more than 18,000 members who did not participate, clearing quorum by a razor-thin margin.

BONK's price fell about 7% in the 24 hours following the attack. The project has confirmed the exploit and is working with exchanges and the Solana Foundation to track the stolen funds.

This case is a reminder that onchain governance carries real risk. A treasury is only as safe as the cost of buying a temporary voting majority, and here that cost was far smaller than the prize.

Is Bitmine's Ethereum buying a bullish signal?

Bitmine Immersion, the largest ETH treasury company, bought another 42,197 ETH last week for about $74 million. That brings its total holdings to 5.74 million ETH, worth close to $10 billion.

Chairman Tom Lee linked the buying to rising odds for the Clarity Act, a U.S. bill aimed at giving crypto clearer regulatory status. He said prediction markets now put the odds of passage near 50%.

Bitmine has also staked more than 4.8 million ETH, generating recurring yield worth an estimated $8.5 billion at current prices. That is a sizable, steady source of demand for ETH, separate from short-term trading flows.

Trump says he became ‘a big crypto guy’ partly for politics

President Trump said he became involved in crypto partly for political reasons. Speaking at an Oval Office press conference on Monday to announce "Trump Accounts," a new investment account for children under 18, he was asked whether those accounts would allow for Bitcoin.

Trump explained his reasoning simply: he sees crypto adoption as a race with China, and he does not want the U.S. to fall behind.

This marks a sharp reversal from his first term, when he called Bitcoin a scam and said he was not a fan of digital assets at all.

He also addressed his family's crypto ties. Trump and his sons are listed as co-founders of World Liberty Financial, a platform that generated a large share of his reported crypto income last year, which financial disclosures put at more than $1.4 billion.

He said he does not discuss crypto business with his children and lets them run their own affairs.

These comments do not move price charts directly. But they highlight how closely politics and crypto policy have become linked, which ties back into why bills like the Clarity Act carry so much weight for investors.

Crypto Price Prediction News Today: Key Levels to Watch

Based on current data, here are the zones traders are watching most closely for the next move.

Bitcoin:

• Resistance: $64,500, then $65,000 to $66,000

• Support: $62,000, with a deeper floor near $58,000 to $59,000

Ethereum:

• Resistance: $1,820, then $2,050

• Support: $1,730, with a deeper zone near $1,530 to $1,550

A close above resistance in either coin, on strong volume, would be a modestly encouraging sign. A break below support would likely reopen conversations about further downside.

Crypto Price Prediction News Today: The Bottom Line

Today's crypto price prediction news today picture is mixed but not without hope.

Bitcoin is recovering on short covering and improving ETF flows.

Ethereum is drawing steady demand from treasury firms like Bitmine. Ripple's European license adds a long-term positive.

At the same time, the BONK exploit is a fresh reminder that governance risk has not gone away, and Strategy's bitcoin sale shows even the biggest holders face funding pressure.

None of this guarantees where prices go next. Markets like these can shift quickly based on new data, regulatory headlines, or a single large trade.

Disclaimer

This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile and carry significant risk, including the potential loss of principal. Prices mentioned reflect data available at the time of writing and may change quickly. Always conduct your own research and consult a licensed financial advisor before making investment decisions.