Bitcoin price fell over 3% to around $61,860 on Monday, with 24-hour trading volume surging about 50% to roughly $27.47 billion. The decline was driven by a sharp rise in leveraged liquidations, with total crypto liquidations reaching $321.69 million in the past 24 hours, of which Bitcoin liquidations accounted for $95.56 million — $83.25 million from long positions and $12.32 million from shorts. Growing Middle East uncertainty also pressured risk assets after President Trump announced a U.S. blockade targeting Iranian shipping and customers in the Strait of Hormuz. However, regulatory developments could provide support, as Trump urged the Senate to pass the CLARITY Act and the House Financial Services Committee is set to hold a hearing on the bill on Friday, July 17. Major cryptocurrencies also declined, with Ethereum down about 2% to $1,770, XRP dropping roughly 3% to $1.06, Binance falling around 2.32% to $565.59, and Solana declining about 2.75% to $75.25.
BitMine Immersion Technologies, Inc.
CleanSpark Inc
Coinbase Global Inc
Circle Internet Group, Inc.
Robinhood Markets Inc
Hut 8 Corp. Common Stock
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MicroStrategy Incorporated