Today is July 18, 2026. Here’s a rundown of the day’s key Bitcoin (BTC, “big cake”) news:

📊 Market Updates

· Coin price: BTC breaks above 64,000 USDT and is currently around $64,001.6; the 24-hour drop is 0.56%.
· Macroeconomic backdrop: Driven by cooling inflation and expectations of interest-rate cuts, improving liquidity helps boost the market’s rebound.
· Options market: The Put/Call ratio falls to 0.59 (a 6-month low), and implied volatility declines as well. However, BTC is still below the dense negative Gamma zone of 6.8–7万 dollars; if it enters that range, volatility could be amplified.

🏦 Institutional Developments

· BlackRock large transfer: 2,152 BTC (about $140 million) moved from Coinbase Prime to an unknown wallet. The market believes this may be an institutional custody transfer, implying that tokens may exit circulation and supply could tighten.
· Asset-management giant increases its holdings: BlackRock’s spot ETF (IBIT) has already surpassed $20 billion in assets under management; the listed company Farmhouse also bought 1 more BTC.

📉 Market Data

· Liquidations: Over the past 24 hours, total liquidations across the entire network were $433 million, with long-position liquidations accounting for nearly 75%—$324 million. Of this, BTC long liquidations were about $70.44 million.
· Long-term holders: In Q2, despite a 14% decline, long-term holders’ holdings reached a record 14.85 million BTC, showing a bottom-accumulation signal.

⛏ Mining News

· Miners under pressure: Miners’ financial health ratio has fallen to 10%-30%, nearing historical bear-market stress levels, and mining profitability is facing significant pressure.

⚖ Regulation & Macro

· Regulatory hearing: At today’s CLARITY Act hearing, representatives warned that if legislation is left unaddressed, liquidity will flow out and the U.S. will lose in its competition with China.
· External shock: China’s AI startup “DeepSeek” “Kimi K3” has been released, sparking fluctuations in semiconductor stocks and dragging risk assets down; BTC briefly fell below 64K.

Overall, today’s market is consolidating around $64,000. Institutional long-term positioning intentions are clear, but short-term risks from high leverage and miner pressure still remain.
$BTC ‌