Bitcoin prices hovered around the $20K level since mid-June. Markets are watching closely to see what bitcoin whales will do next. Tesla reported dumping 75% of its bitcoin Wednesday. As a result, markets got nervous and erased Tuesday’s gains.Traders blame Tesla’s Q2 earnings report. Compounding the markets’ worries, a whale address spent the week sweeping nearly 242K BTC onto Coinbase. That’s over $5.4 billion worth of crypto at today’s exchange prices. It was the blockchain’s third wealthiest address.
Bitcoin (BTC) $ 29,397.00 0.1%
Ethereum (ETH) $ 1,844.66 0.29%
BNB (BNB) $ 239.12 0.76%
Solana (SOL) $ 24.45 0.87%
Polkadot (DOT) $ 5.00 0.24%
Cosmos Hub (ATOM) $ 8.37 0.78%
Flow (FLOW) $ 0.555415 0.08%
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