Damn, crypto suddenly stopped yesterday. Bitcoin dropped to $81.11K, Ether also fell 2% to $2.34K, and Dogecoin was the worst, down 4% to $0.11 despite rising 18% over the past month. But what's strange is that global stocks kept rising to new highs due to optimism about the US-Iran ceasefire deal. So what’s happening is that big investors are likely taking profits from crypto while shifting into hot equities.

But don’t panic, the weekly chart is still mostly green. XRP remains at $1.45, BNB increased 0.55% to $654.20, and Solana jumped 12% this week to $95.56. Gold also continued rising to $4,700 due to rate cut expectations, which is usually good for long-term crypto. Technical analysis points to the 200-day moving average of Bitcoin around $83,300 as a key level—if the rally can hold above that, it’s a strong bullish signal.

For further context, Tether stablecoin issuance increased by $5.9 billion over the past 60 days, meaning fresh capital is still flowing in. Morgan Stanley recently signaled that US banks might hold Bitcoin on their balance sheets, and they’re preparing for spot crypto trading by the end of the year. BitMine also continues accumulating ETH for the third consecutive week, now holding 5.18 million ETH. So the fundamentals are still solid; the crypto rally is just a temporary pause.