UK MPs reject probe into Mandelson claims, shoring up Starmer’s position

What To Watch

• 1.BTC $68,500 — a sustained break below this key support level, especially on high volume, would signal a potential retest of $65,000 and invalidate the recent bullish momentum.
• 2.Exchange Netflow (all exchanges) — a significant and sustained increase in net inflows (more BTC moving onto exchanges than off) signals increased selling pressure and potential price downside.
• 3.US CPI print exceeding 3.5% YoY — if inflation proves stickier than expected, it could lead to the Fed maintaining higher interest rates for longer, dampening risk-on asset appetite and potentially triggering a broader market correction for crypto.