Market Overview
Cryptocurrency market capitalization declined 2% over the past 24 hours to $2.67 trillion, though it remains 1.5% higher than the figure recorded a week ago. Retail traders appear to be locking in gains or establishing short positions following last month’s rally. Professional trading activity was muted over the weekend due to public holidays in the United States and Canada. Across approximately forty of the most liquid coins, all posted gains over the past 30 days, with growth ranging from 2.5% (Tron) to 119% (Zcash). The month’s strongest performers are now facing the heaviest selling pressure, with Dash (-8%), Zcash (-5.4%), and Chainlink (-4%) leading the declines, while Polkadot (+10%), VeChain (+6%), and Ethereum Classic (+5%) are the top gainers.
Bitcoin is undergoing a corrective pullback, having retreated from Friday’s peak of $82.3K to $78.4K, revisiting the same resistance level that stalled the price rally in May. This zone also served as a key support level between February and April 2025, making it a focal point for short-term traders. The setup suggests a potential extended consolidation phase before any renewed upward momentum.
News Background
CryptoQuant warns that traders are re-entering leveraged positions, raising the risk of fresh waves of liquidations in the Bitcoin market. At the same time, retail investors are using the price rebound as an opportunity to sell BTC, while large holders continue to accumulate the leading cryptocurrency.
French firm Capital B, which specializes in managing corporate Bitcoin reserves, acquired an additional 376 BTC for €25.3 million, bringing its total holdings to 3,521 BTC. This represents the largest single purchase since June 2025.
An anonymous miner from the early Satoshi Nakamoto era transferred 600 BTC after more than 16 years of dormancy. The coins were originally mined in March 2010, when the block reward stood at 50 BTC.
Bitcoin mining difficulty increased 1.13% to 127.45T following the latest adjustment, driven by rising mining activity as total network hashing power surpassed 1,000 EH/s, up 7.58% week over week, according to CoinWarz.
Unidentified hackers withdrew approximately 4,000 BTC from the Liquid Network Bitcoin sidechain, demanding that a vulnerability be patched before the funds are returned. The incident is being viewed as a test of the trust that Bitcoin users place in centralized protocols. The Liquid Network operates as a federated Bitcoin sidechain, serving as a settlement and payment layer for cryptocurrency exchanges, market makers, brokers, and other market participants.
Also Read
- Zcash Price Surges 2,496% as Privacy Becomes the Trade of the Year
- Blockstream’s Liquid Network Breach: Ethical Hackers Retain $47 Million Sparking Industry Outcry
- Poland’s crypto licensing standoff cedes ground to EU-authorized rivals
- Ethereum Price Analysis: False Wedge Breakout and Diverging ETF Flows Signal Critical Juncture

