Bitcoin is trying to recover after one of its worst weeks in months, but the key question now is whether Bitcoin can break above $65,000 — or whether this latest bounce is just another relief rally before a deeper move lower.
In today’s Daily Crypto Roundup, we cover Bitcoin holding above $63,000, the major $65K resistance level traders are watching, Galaxy Digital’s bearish cycle warning, Strategy’s small Bitcoin sale, the blockbuster SpaceX IPO, Dogecoin’s Elon Musk-fuelled rally, the problems with tokenized SpaceX stock products, and the growing debate around Bitcoin’s future quantum security risk.
We also look at why the SpaceX IPO matters for crypto, why tokenized stocks are not the same as owning the real shares, and why top cryptographers are now warning that Bitcoin needs to prepare for quantum computing — even if the threat is not immediate today.
Today’s main stories: Bitcoin steadies above $63,000 after a brutal sell-off Traders watch $65,000 as the next major breakout level Galaxy Digital warns Bitcoin may not have found its true cycle bottom Strategy sells a small amount of Bitcoin to fund preferred dividends SpaceX launches the biggest IPO in history Tokenized SpaceX stock products expose a major crypto market weakness Dogecoin rallies after Elon Musk’s SpaceX moment Bitcoin faces a growing long-term quantum security debate
This episode is for informational and entertainment purposes only and is not financial advice. Crypto is volatile, and you should always do your own research before investing.
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