- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future with top experts
- WXT Zone
  Exclusive fee rates and free airdrops await
- Announcement Center
  Stay ahead with WEEX updates
- Elite Trader
  Share your strategies and earn rewards
- Crypto Wiki
  Master trading with simple trading guides for everyone
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Stay on top of the latest crypto trends
- Official Verification
  Use official channels to protect your account
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Discover highlights of WEEX's events around the world
Buy Crypto
- Quick Buy
  Buy with Visa, Mastercard, Apple Pay, Google Pay
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  About futures trading features
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Matrixport: Bitcoin Returns to All-Time High, Breakthrough Still Await New Macro Catalyst

By: theblockbeats.news|2025/07/08 07:11:31

BlockBeats News, July 8th: Matrixport released its daily analysis stating that Bitcoin returned to a high point, but the momentum of stablecoin minting continues to decline. The lack of new liquidity injected into the market may be a key reason why Bitcoin has not been able to achieve an effective breakthrough. From on-chain data, the amount of new capital inflow into the market remains limited. Considering that the summer is already a period of low trading activity, breaking the current pattern still requires new macro catalysts to drive it.

In this context, Matrixport believes that bullish investors may consider hedging potential risks through selling call options. Although there is still room for a gradual price increase, the probability of a rapid surge in the short term is low.

Analysis: The current BTC Bollinger Band squeeze may indicate that the market will enter a pull-up phase

Stock Tokenization Platform xStocks Achieves $6.21M in Trading Volume Yesterday, with 17,010 Transactions