{"id":50709,"date":"2026-07-24T14:21:51","date_gmt":"2026-07-24T14:21:51","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-rejected-at-67k-strategy-stays-on-hold-bitmex-shuts-down-weekly-crypto-recap\/"},"modified":"2026-07-24T14:21:51","modified_gmt":"2026-07-24T14:21:51","slug":"bitcoin-rejected-at-67k-strategy-stays-on-hold-bitmex-shuts-down-weekly-crypto-recap","status":"publish","type":"post","link":"https:\/\/cryptd.in\/nb\/bitcoin-rejected-at-67k-strategy-stays-on-hold-bitmex-shuts-down-weekly-crypto-recap\/","title":{"rendered":"Bitcoin Rejected at $67K, Strategy Stays on Hold, BitMEX Shuts Down: Weekly Crypto Recap"},"content":{"rendered":"<p>The previous business week ended with a leg down that drove the primary cryptocurrency to $62,500. However, it reacted swiftly and recovered to $64,000 during the weekend.<\/p>\n<p>The gradual climb continued on Sunday and Monday morning when BTC peaked at $65,000, but it was rejected and slipped south by over a grand to $63,750. The next leg up was a lot more impressive. Bitcoin didn\u2019t stop at $65,000, and even the $66,000 resistance fell on the first attempt. Thus, the asset\u2019s rally extended for a bit more, reaching $67,000 (on some exchanges) for the first time since the middle of June.<\/p>\n<p>It <a href=\"https:\/\/cryptopotato.com\/4-key-reasons-behind-bitcoins-btc-rally-above-66k\/\">came on the heels<\/a> of renewed ETF net inflows and new accumulations from certain large investors. However, the price run couldn\u2019t be sustained for long, and BTC quickly dipped back down to $66,000 on Wednesday, $65,000 on Thursday, and it plunged to $64,000 earlier today.<\/p>\n<p>Despite its $3,000 correction from the local top, bitcoin remains about 2% up on the week. Similar gains are evident from Ethereum, which challenged $1,950 at one point, and TRX, which remains at around $0.33. Even more impressive price performance comes from XMR; a 9% pump has driven the privacy token to over $350. UNI and HBAR have posted notable gains as well, while HYPE, ZEC, CC, and DOGE remain in the red on a weekly scale.<\/p>\n<p>Bitcoin\u2019s market dominance has also dwindled in the past few days. It exploded to over 57% during the mid-week run, but it has dipped below 56% on CoinGecko now.<\/p>\n<h2 class=\"resource-jumplink\">Market Data<\/h2>\n<figure aria-describedby=\"caption-attachment-1443780\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-24-170728.png\"><img decoding=\"async\" class=\"wp-image-1443780 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-24-170728.png\" alt=\"Cryptocurrency Market Overview Weekly July 24. Source: QuantifyCrypto\" width=\"1884\" height=\"828\" \/><\/a><figcaption class=\"wp-caption-text\">Cryptocurrency Market Overview Weekly July 24. Source: QuantifyCrypto<\/figcaption><\/figure>\n<p>Market Cap: $2.295T | 24H Vol: $61B | BTC Dominance: 55.9%<\/p>\n<p>BTC: $64.000 (+2%) | ETH: $1,855 (+2.4%) | XRP: $1.09 (+1.7%)<\/p>\n<h2 class=\"resource-jumplink\">This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n<p><strong>Strategy Extends Bitcoin Buying Pause While Growing Its USD Reserve: Details<\/strong>. Saylor\u2019s company appears to have listened to some market experts who suggested that it should pause its BTC purchases in favor of rebuilding its USD reserve. The past week <a href=\"https:\/\/cryptopotato.com\/strategy-extends-bitcoin-buying-pause-while-growing-its-usd-reserve-details\/\">proved<\/a> that narrative right once again with another no-buy bitcoin announcement.<\/p>\n<p><strong>Veteran Crypto Exchange BitMEX to Shut Down in September<\/strong>. After nearly a decade in existence, the veteran derivatives platform BitMEX announced that it will close shop in September. The creator of the 100x perpetual swap will permanently <a href=\"https:\/\/cryptopotato.com\/veteran-crypto-exchange-bitmex-to-shut-down-in-september\/\">cease operations<\/a> on September 23 and urged users to withdraw their funds by then. While on the subject, DEX aggregator Odos <a href=\"https:\/\/cryptopotato.com\/dex-aggregator-odos-is-shutting-down-what-users-need-to-do-before-july-30\/\">sa<\/a> it will shut down next week.<\/p>\n<p><strong>SEC Agrees to Overhaul Recordkeeping After Settling Coinbase Lawsuit Over Gensler\u2019s Lost Texts<\/strong>. Despite not admitting any wrongdoing, the US Securities and Exchange Commission <a href=\"https:\/\/cryptopotato.com\/sec-agrees-to-overhaul-recordkeeping-after-settling-coinbase-lawsuit-over-genslers-lost-texts\/\">settled<\/a> with Coinbase a lawsuit launched by the exchange and agreed to pay $150,000 in attorney fees. The regulator also said it will review its own internal processes.<\/p>\n<p><strong>\u2018Hackers Day\u2019: 3 Crypto Protocols Drained of $35 Million in 24 Hours<\/strong>. July 23 became known in the crypto community as \u2018Hackers\u2019 Day\u2019 with 3 major exploits <a href=\"https:\/\/cryptopotato.com\/hackers-day-3-crypto-protocols-drained-of-35-million-in-24-hours\/\">taking place<\/a> within less than 24 hours. The largest of the bunch was against Arbitrum-based protocol AFX Trade, in which the bad actors swiped over $24 million in USDC.<\/p>\n<p><strong>EU Hits Russia With Toughest Crypto Crackdown Yet<\/strong>. The European Union <a href=\"https:\/\/cryptopotato.com\/eu-hits-russia-with-toughest-crypto-crackdown-yet\/\">approved<\/a> its 21st sanctions package against Russia, targeting 11 crypto operators and 94 financial institutions to combat sanctions evasion. Many of those platforms came from Belarus and Nigeria and were linked to numerous Russian financial activities.<\/p>\n<p><strong>Ethereum (ETH) Is Cheap, But Not at Bottom Yet: Analysts<\/strong>. The world\u2019s largest altcoin may be trading well below its record peaks and at a discount, but that doesn\u2019t necessarily mean that it has bottomed yet. Analysts at CryptoQuant <a href=\"https:\/\/cryptopotato.com\/ethereum-eth-is-cheap-but-not-at-bottom-yet-analysts\/\">noted<\/a> that only two out of five signals suggest that the worst is behind ETH.<\/p>\n<h2 class=\"resource-jumplink\">Charts<\/h2>\n<p>This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid \u2013\u00a0<a href=\"https:\/\/cryptopotato.com\/crypto-price-analysis-july-24-eth-xrp-ada-bnb-and-hype\/\">click here for the complete price analysis<\/a>.<\/p>\n<p>Innlegget <a href=\"https:\/\/cryptopotato.com\/bitcoin-rejected-at-67k-strategy-stays-on-hold-bitmex-shuts-down-weekly-crypto-recap\/\">Bitcoin Rejected at $67K, Strategy Stays on Hold, BitMEX Shuts Down: Weekly Crypto Recap<\/a> dukket f\u00f8rst opp p\u00e5 <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The previous business week ended with a leg down that drove the primary cryptocurrency to $62,500. However, it reacted swiftly and recovered to $64,000 during the weekend. The gradual climb continued on Sunday and Monday morning when BTC peaked at $65,000, but it was rejected and slipped south by over a grand to $63,750. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":50711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-50709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Rejected at $67K, Strategy Stays on Hold, BitMEX Shuts Down: Weekly Crypto Recap - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/nb\/bitcoin-rejected-at-67k-strategy-stays-on-hold-bitmex-shuts-down-weekly-crypto-recap\/\" \/>\n<meta property=\"og:locale\" content=\"nb_NO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Rejected at $67K, Strategy Stays on Hold, BitMEX Shuts Down: Weekly Crypto Recap - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The previous business week ended with a leg down that drove the primary cryptocurrency to $62,500. However, it reacted swiftly and recovered to $64,000 during the weekend. The gradual climb continued on Sunday and Monday morning when BTC peaked at $65,000, but it was rejected and slipped south by over a grand to $63,750. 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