Ghalibaf sidelined, US-Iran talks by June 30 in doubt amid internal strife

What To Watch

• 1.BTC $68,500 — a sustained break below this key support level, which aligns with the 50-day moving average, would signal a potential retest of $65,000 and invalidate the recent bullish momentum.
• 2.Stablecoin Dominance (Tether/USDC) — a significant increase above 10% would signal a flight to safety and a potential deleveraging event in the broader crypto market.
• 3.US CPI print above 3.5% (YoY) in July — this would likely lead to a more hawkish Fed stance, delaying rate cuts further and increasing pressure on risk assets like crypto due to higher discount rates and reduced liquidity.