Bitcoin holds steady at a three-week high; Middle East situation hedges inflation and is bullish.

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Deep Tide TechFlow news: On July 16, according to CoinDesk, Bitcoin and Ethereum held steady amid the standoff between the US and Iran and a tug-of-war with mild inflation data. BTC stayed around $64,782, reaching a three-week high of $65,200 during the day. ETH held at $1,895, its highest level since June 3.

In the market, HYPE rose 4% and targeted a breakout above the $78 record, while LIT stalled near its $2.76 all-time high. The altcoin season indicator fell to 46/100, showing capital concentrating in major coins. Derivatives data showed BTC open interest at $17.3 billion, with a 24-hour liquidation volume of $357 million. CEX spot trading volume in June increased 15.3% month-over-month to $1.11 trillion. The RWA perpetual futures contract volume hit a new high of $11.1k.

BTC-0.22%
ETH2.27%
HYPE-0.63%
LIT-6.74%
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