Crypto majors are very red as btc briefly fell below $90k; btc -4% at $91,300; eth -5% at $3,050, bnb -2% at $915, sol -3% at $137. Icp (+9%), aster (+7%) and hype (+5%) led top movers. Crypto fear & greed remained in extreme fear at 11, now in that range for 6 straight days. Bitcoin wiped out its 2025 gains after falling below $92k (briefly sub-$90k), now down 2% on the ytd. The cboe unveiled “continuous” bitcoin and ethereum futures with 10-year terms as a perps-like alternative. The white house is considering to allow the irs to track and tax crypto holdings on foreign exchanges. Vitalik buterin and the ethereum foundation launched kohaku as a new initiative to bake privacy and security into ethereum wallets instead of treating them as add-ons. Trump international maldives announced tokenized real-estate stakes, letting investors buy blockchain-based shares in its 80-villa luxury resort. Hive stock jumped after posting record q2 revenue and landing new ai-infra deals, as investors rotated into miners despite broader crypto weakness. Japan is changing its crypto tax rules, dropping cap gains from 55% to 20%. Coinbase ventures announced an investment in usd ai.
💡 DMK Insight
Bitcoin’s dip below $90k is a wake-up call for traders: here’s why. The recent drop of BTC to around $91,300, down 4%, signals a critical moment for crypto traders. With the fear and greed index at an extreme fear level of 11, market sentiment is shaky. This could lead to increased volatility as traders react to potential support levels. Watch for BTC to hold above $90k; a sustained breach could trigger further selling pressure. Ethereum’s decline to $3,050, down 5%, suggests that altcoins are also feeling the heat, which could lead to a broader market correction. On the flip side, some lesser-known coins like ICP and Aster are showing resilience, gaining 9% and 7% respectively. This divergence might indicate that while the majors are struggling, there are pockets of strength worth exploring. Traders should keep an eye on these altcoins for potential breakout opportunities, especially if BTC stabilizes. Monitor the $90k support level closely; if it breaks, it could lead to a cascade effect across the market, impacting not just BTC but also ETH and BNB, which are already under pressure.
📮 Takeaway
Watch BTC’s $90k support closely; a break could lead to further declines across major cryptos, while altcoins like ICP may offer trading opportunities.






