Bitcoin pulled back toward $64,000 on Saturday after holding near $65,000 on Friday, while Ethereum hovered below $1,860. Crude oil’s surge past $97 on Iran-conflict risk failed to trigger a broader risk-off move, even as Bitcoin options data points to bullish positioning further out.
Key Takeaways
- Bitcoin traded near $64,030–$64,160 on July 25, down ~1–1.3% in 24 hours, after holding near $65,000 on July 24 (CoinMarketCap via CoinGabbar, OKX)
- Ethereum held near $1,857–$1,859, largely flat to slightly lower from Friday’s ~$1,885–$1,891
- Global crypto market cap fell to $2.28 trillion, down 1.1% in 24 hours; Bitcoin dominance at 56.4%
- Crypto Fear & Greed Index eased to 27, still in cautious territory
- Correction from earlier draft: Ethereum spot ETFs pulled in $103.9 million for the week ending July 24, a third straight positive week, not an outflow week as previously stated
- A $5 billion options cluster has built at Bitcoin’s $70,000–$72,000 call strikes on Deribit, calls significantly outnumbering puts (CoinDesk, July 24)
Price Snapshot: Today vs Friday
| Metric | Bitcoin (BTC) | Ethereum (ETH) |
|---|---|---|
| Price (July 25) | ~$64,030–$64,160 | ~$1,857–$1,859 |
| Price (July 24) | ~$65,030 | ~$1,885–$1,891 |
| 24h Change | -1.0% to -1.3% | -0.55% to -1.3% |
| Market Cap | ~$1.28–1.29 trillion | ~$224 billion |
| Key Support | $64,100 | $1,790 |
| Key Resistance | $66,500–$67,200 | $1,880–$1,890 |
Sources: CoinMarketCap (via CoinGabbar), OKX, Fortune, CoinDesk, MetaMask, Bybit — all July 24–25
Check Live: Crypto Option Chain India — Live Bitcoin & Ethereum Options on Delta Exchange
What Changed Since Friday
Bitcoin held just under $65,000 through Friday even as Brent crude surged to $97.66 a barrel, its highest since May, on persistent Iran-conflict risk, a notable disconnect from the usual playbook where oil spikes pressure risk assets.
That resilience didn’t carry into Saturday: BTC eased to the $64,000 zone as broader sentiment stayed cautious and the Fear & Greed Index slipped to 27.
Bitmine, meanwhile, slowed its Ethereum buying pace, adding just 7,430 ETH (about $14 million) last week as it closes in on a goal of cornering 5% of ETH’s total supply, a marked deceleration from its earlier accumulation pace even as the total treasury holding stays near 5.78 million ETH.
ETF Flows: Bitcoin Steady, Ethereum Now Positive Three Weeks Running
Bitcoin ETFs’ seven-session, ~$999 million inflow streak through July 22 remains the key institutional signal, though cumulative 2026 flows are still negative.
The corrected update is on Ethereum: spot ETH ETFs drew $103.9 million in the week ending July 24, their third consecutive positive week and the largest weekly haul of any spot crypto ETF over that stretch, a genuine improvement, not the outflow this piece previously reported.
Also Check: Bitcoin (BTC) Option Chain Live — Delta Exchange
Options Market Signals Bullish Bets Further Out
Even as spot price consolidates lower, Deribit options data shows nearly $5 billion of open interest clustered at Bitcoin’s $70,000 and $72,000 call strikes, with calls significantly outnumbering puts.
That positioning suggests traders are betting on a move higher over the coming weeks, independent of today’s pullback, a divergence between spot weakness and derivatives positioning worth flagging rather than resolving into a single narrative.
Regulatory and Sentiment Backdrop Unchanged
No fresh Clarity Act developments since Thursday’s confirmation that the bill will miss its pre-recess Senate window (CoinDesk, July 23), that delay remains the operative regulatory overhang.
Sentiment stays split by data source: CoinMarketCap-based readings put the Fear & Greed Index at 27, while CFGI’s independent methodology shows a milder 49 (Neutral).
The divergence itself is a signal that sentiment gauges are more volatile than price right now, worth noting for readers rather than picking one number and presenting it as consensus.
Bottom Line
Bitcoin’s slip to $64,000 keeps it inside the same $64,100–$66,500 range that’s held for over a week, and Friday’s resilience against an oil spike suggests the market isn’t yet trading off geopolitical risk.
The next real test is a decisive move outside $64,100–$66,500 for Bitcoin or $1,790–$1,890 for Ethereum, until then, ETF flows and next week’s Fed signals remain the more reliable read than any single day’s price.
FAQs
Why did Bitcoin slip to $64,000 today?
Bitcoin eased from Friday’s ~$65,000 level as broader sentiment stayed cautious and the Fear & Greed Index dropped to 27, even after holding firm through Friday’s oil-driven risk spike.
Why is Ethereum underperforming Bitcoin?
Ethereum is trading below its $1,880–$1,890 resistance zone even as spot ETH ETFs logged a third straight positive week with $103.9 million in inflows — institutional demand hasn’t yet translated into price strength.
What is the Clarity Act and why does it matter for crypto prices?
It’s the US crypto market structure bill that would set clearer regulatory rules for digital assets; delays in its passage have repeatedly capped rally attempts in 2026.
Disclaimer: This article is for informational purposes only, not investment advice. Crypto is unregulated in India and carries high risk of capital loss. Data sourced from Fortune, Bybit, CoinGecko, SoSoValue, and CoinDesk as of the dates noted and may change. Consult a SEBI-registered advisor before investing.
