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$BTC is getting close to a major support zone on the weekly chart, but it hasn't reached it yet. ๐Ÿ‘€

At the same time, a possible double bottom is forming on the lower timeframes, which could support a short-term bounce.

If this setup plays out, Bitcoin could move toward the $62K to $63K area.
Over $870 million has been liquidated from the crypto market in the last 24 hours ๐Ÿ‘€

The market is seeing heavy volatility, with both longs and shorts getting wiped out.

A lot of traders got caught on the wrong side of the move
Another day, another crypto disaster ๐Ÿ‘€

$M crashed 85% in just 24 hours, wiping out $2.7 billion in market value.

Reports suggest insiders controlled most of the supply, making it easier to push the price up and down.

With very low on-chain liquidity, it didn't take much selling to send the token crashing. ๐Ÿ“‰
โค1
#Xiaomi supports Apple's AirDrop feature for sharing files between #Apple and Xiaomi devices.
#Apple is preparing to launch a new Siri in September, reportedly with support from #Google and #Nvidia.
Official launch of #Instagram Plus subscription: New tools to increase reach and customization.

Officially, Meta is launching the paid Instagram Plus subscription globally. The subscription offers advanced tools to control story access, detailed statistics, and new customization options for the profile for $3.99 per month.
XLM analysis:

Price is now trading at the major support area. Price need to hold this level otherwise things will turn bad. You can open long positions with tight stop loss at the support area.

Support Area: $0.1720-$0.1820
๐Ÿ‡ฎ๐Ÿ‡ณ Maharashtra has become the first Indian state to legally recognize cryptocurrency as recoverable property.

Authorities can now seize, liquidate, and return crypto assets connected to financial fraud, making it easier for victims to recover their funds.
๐Ÿ“ˆ Bank Nifty Update

Bank Nifty continues to hold its bullish structure, trading above the short-term EMAs after a strong recovery. Price is now approaching the 58,600 resistance, which is the key level to watch.

A breakout above this level could extend the rally, while rejection may lead to a pullback toward the 57,600โ€“57,900 support zone.
Bias remains bullish as long as support holds. ๐Ÿ“Š
๐Ÿ‡ฎ๐Ÿ‡ณ The Reserve Bank of India (RBI) has submitted a note to Parliament supporting a crypto โ€œcontainment strategyโ€ that leans toward restricting the sector rather than promoting it.

๐Ÿ”ดThe RBI also urged banks to stay insulated from digital assets, warning that regulating crypto could give people a false sense of safety around highly speculative investments.
๐Ÿ“ˆ Bank Nifty Update

Bank Nifty continues to hold its bullish structure, trading above the short-term EMAs after a strong recovery. Price is now approaching the 58,600 resistance, which is the key level to watch.

A breakout above this level could extend the rally, while rejection may lead to a pullback toward the 57,600โ€“57,900 support zone.
Bias remains bullish as long as support holds. ๐Ÿ“Š
๐Ÿ“Œ Over $100 million has been liquidated as Bitcoin surged above $62,000.

The total crypto market cap has climbed past $2.15 trillion, with BTC approaching $63,000, triggering more than $100 million in liquidations over the last 4 hours.
โค1
๐Ÿ”ˆ Funding remains at healthy levels across the market, showing that bullish sentiment is present without signs of excessive leverage.

This suggests traders are positioning for further upside, but the market is not yet crowded with longs. As long as funding stays balanced, the current trend has room to continue without immediate signs of overheating.
โšกโšก Bitcoin hits $66,000.
๐Ÿ‡ท๐Ÿ‡บ Russiaโ€™s State Duma has approved a major crypto bill. The legislation now awaits President Vladimir Putinโ€™s signature and is set to take effect on September 1.
๐Ÿ‡บ๐Ÿ‡ธ Polymarket traders now price a 53% chance that the CLARITY Act will be signed into law in 2026, up 22% over the past day.