Bitcoin Slips Below $93K as Crypto Weakness Worsens, but Local Bottom Could Be Near, Analysts Say

After one month of eye-popping gains, fattened bulls are lightening up after the U.S. and China announced a trade truce.

XRP's price rise is accompanied by record perpetual futures open interest and surge in trading volumes.

Binance maintained its top spot among crypto exchanges, handling over 35% of global trading volume in the second quarter.

Capital is piling into ETFs and custodians while Solana takes retail traffic, but Bitcoin’s onchain demand remains stagnant, deepening concerns over whether miners can sustain the network without meaningful fees.