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ETH $1.8K · Chip sector selloff pulls bitcoin below $63K ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #34 · Friday, July 17, 2026
Market mood  Fear · 27/100  ▲ from 25 yesterday
Bitcoin and Ethereum fell 1.6% and 2.5% respectively as global tech selloffs and geopolitical tensions drove risk-off sentiment across markets.
 
 

  The Numbers

Bitcoin (BTC)$63,069  -1.6%
-2.0% this week
Ethereum (ETH)$1,835  -2.5%
+2.1% this week
Total crypto market$2.25T  -1.6%
BTC dominance 56.1% · BTC 50% below its all-time high

  The Movers

Top gainers (24h)

PI Pi Network+5.9%
CRO Cronos+4.8%
ARB Arbitrum+3.8%
XDC XDC Network+3.2%

Top losers (24h)

STABLE ​​Stable-9.2%
HYPE Hyperliquid-8.3%
LIT Lighter-7.2%
UNI Uniswap-6.1%

From the top 100 coins by market cap.

  The Read

Where the chart sits — description, not prediction

Bitcoin is trading below both its 50-day ($63.7K) and 200-day ($73.3K) averages — the longer-term trend reads as down. Over the past 30 days it has traded between $58.6K and $65.0K; today's price sits in the upper third of that range. RSI(14) is 52 — momentum is roughly neutral.

See all nine coins on the daily markets page →

  The Brief

 Chip sector selloff pulls bitcoin below $63K

A deepening global decline in semiconductor stocks dragged bitcoin and other risk assets lower after brief gains earlier this week on softer inflation data. (CoinDesk)

 EU adds 14 crypto firms to MiCA register

The European Securities and Markets Authority expanded its registry of approved crypto service providers to 294 total, including banks and Ripple Payments Europe. (Cointelegraph)

 Crypto.com reaches $20B valuation from Citadel investment

Market maker Citadel Securities invested $400 million in Crypto.com in its first institutional funding round, marking Wall Street's deepening involvement in crypto infrastructure. (Decrypt)

 MacOS malware targets cryptocurrency wallets via Telegram

Security researchers identified malware that hijacks Telegram sessions and steals wallet credentials, highlighting ongoing risks for users on desktop platforms. (Cointelegraph)

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Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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