Global #Bitcoin

Global Crypto Markets – While Bitcoin (BTC) has been locked in a range-bound trade, a subtle yet significant shift in momentum is beginning to brew across the broader altcoin market

The United Kingdom government is reportedly considering the sale of over 5 billion British pounds (approximately $6.7 billion) worth of seized Bitcoin to help address a significant deficit in the country's budget.

Bitcoin's commanding lead in the crypto market appears to be facing its most significant challenge in years. Recent market movements suggest a notable shift, with analyst Master Ananda indicating this downturn in Bitcoin dominance could be the most pronounced since early 2021.

Following Bitcoin's recent rally, Dogecoin (DOGE) is demonstrating renewed bullish momentum, with analysts noting significant technical indicators pointing towards a potential breakout from its prolonged bearish trend.

Bitcoin (BTC) recently shattered its all-time high, soaring to $123,218 on Binance on July 13. However, on-chain data now reveals a shift in holder behavior that could challenge the cryptocurrency's sustained bullish momentum.

Growing concerns over the potential for foreign powers to clandestinely influence British politics through untraceable cryptocurrency donations have prompted a call from UK Cabinet Office Minister Pat McFadden for election officials to consider a ban on such contributions.