BTC gets Cold Feet

What we’ll cover today:

🧊 Coinbase Premium turns negative: Are U.S. investors bailing on BTC?

🏦 Galaxy Digital just moved another $447M in Bitcoin

🟣 Ethereum pulls back 3% but shrinks exchange reserves (bullish vibes?)

🧊 U.S. Investors Are Ghosting Bitcoin?

Bitcoin is chillin’ at $118,800. But U.S. investors (via Coinbase) just hit the brakes, and the Fed might stir the pot.

🚨 Breaking News:
The Coinbase Premium Index turned negative for the first time in two months, signaling waning U.S. demand for Bitcoin.

⚡Wire Simplified:

• U.S. buyers are waiting for cheaper BTC prices, no more FOMO

• Over 30,000 BTC hit exchanges, potential sell pressure rising

• Fed’s rate decision on July 30 could shake up Bitcoin’s next move

• Technical charts say BTC momentum is weak but not dead

• $118K is support, $120K is the ceiling to beat

✔️ Straight to the Point:
U.S. demand is cooling off just as macro pressure builds. BTC might chill here or take a dip without new hype.

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Galaxy Digital Moves $447M in Bitcoin… Again?! 🤯

Galaxy Digital just pulled another power move, shifting $447M worth of Bitcoin after last week’s record-breaking $9B dump.

🚨 Breaking News:
After selling 80,000 BTC for a Satoshi-era whale, Galaxy’s wallets are stirring again, another $447M just hit exchanges.

⚡Wire Simplified:

• Galaxy moved 3,782 BTC today after last week’s massive $9B sale

• Prior dump was done OTC, minimizing price shock

• $400M+ in fresh BTC is now exchange-bound

• BTC ETFs are finally seeing inflows again, adding $157M yesterday

• Bitcoin is holding steady at $118,900 for now

✔️ Straight to the Point:
Big wallets are moving but ETFs are helping Bitcoin stay afloat. Still, more dumps means more short-term drama ahead.

Ethereum Cools Off But Looks Strong Under the Hood

ETH just took a 3% nap after a 56% sprint. But exchange outflows and ETF inflows say bulls aren’t done yet.

🚨 Breaking News:
Ethereum is down to $3,786 from its local top but over 1M ETH left exchanges last month, a bullish signal.

⚡Wire Simplified:

• ETH is still up 56% in 30 days despite a small dip

• 1M ETH withdrawn from exchanges, less sell pressure

• ETH ETFs pulled in $65M in one day, $5.1B this month

• Technicals show momentum slowing, but trend remains upward

• $3,680 to $3,700 is key support, $4,000+ is still in sight

✔️ Straight to the Point:
Short-term cooldown, long-term strength. If ETH breaks $3,960 again, we may see a new leg toward $4,300.