Bitcoin is trading near $64,190 as the cryptocurrency market begins the week cautiously. Traders are assessing the effects of last week’s hawkish Federal Reserve outlook while awaiting possible progress on the CLARITY Act in the United States Senate.
Bitcoin remains nearly unchanged over the past 24 hours, while Hyperliquid leads major altcoins with a 4.5% gain. XRP has declined approximately 0.77% as investors avoid large positions before the expected legislative decision.
Bitcoin Price Consolidates Above $64,000
Bitcoin is trading near $64,190 after recovering from last week’s low of $62,557. The decline followed $330 million in leveraged long liquidations, reducing speculation in derivatives markets.
Bitcoin remains above $US62,000, but resistance near the 200day moving average limits gains. Immediate resistance stands at $64,500, followed by the $65,500–$67,000 range.
A move above $67,000 could support a rally towards $72,000. However, weaker support may push Bitcoin toward $60,500–$61,500. Analysts expect trading between $60,500 and $67,500 until a decisive breakout.
Top Cryptocurrency Prices Today
Ethereum is trading near $1,735 after recording a modest daily gain. BNB remains above $590, while Solana has advanced approximately 1.05% to nearly $74.
XRP is trading around $1.13 after declining 0.77%. The token remains under pressure after losing support near $1.15 during the previous week.
TRON is trading close to $0.328, while Dogecoin remains nearly unchanged at approximately $0.083. Stablecoins USDT and USDC continue to trade close to their dollar pegs.
Hyperliquid Leads Major Crypto Gainers
Hyperliquid is the strongest performer among the leading cryptocurrencies, gaining approximately 4.5% to trade near $66.07.
The token’s rally is supported by growing institutional exposure, including approximately $221 million reportedly held through spot HYPE exchange-traded products. Hyperliquid also operates a fee-based buyback system that uses part of the platform’s trading revenue to purchase tokens.
Solana followed with a gain of around 1.05%, supported by rising tokenized equity activity and institutional interest in staking-enabled investment products. BNB added approximately 0.28%, holding above the important $590 level.
Institutional Crypto Products Expand
Franklin Templeton has filed for two hybrid exchange-traded funds that would combine U.S. equities with Bitcoin exposure. The proposed fund would allocate approximately 95% to stocks and 5% to Bitcoin.
Dividends generated by the equity holdings would reportedly be reinvested into BTC. The proposed products are targeting a September launch, subject to regulatory approval.
Morgan Stanley has also updated its Ethereum and Solana ETF filings to include staking rewards. These amendments demonstrate a growing institutional interest in cryptocurrency products that generate additional yield.
Crypto Wallet Malware Warning
Microsoft has warned cryptocurrency users about malware being distributed through infected USB drives. The malicious software can monitor clipboard activity and replace copied wallet addresses during transfers.
Users should carefully verify wallet addresses before approving transactions. They should also avoid unknown USB devices, keep security software updated, and store private keys away from internet-connected systems.
Conclusion
Bitcoin’s narrow trading range reflects uncertainty across global markets. The recent liquidation event reduced excessive leverage, while long-term holders reportedly continue accumulating.
The CLARITY Act remains one of the most important catalysts for the cryptocurrency market. Passage would improve regulatory confidence and support institutional activity across XRP, Ethereum, and other digital assets.
Meanwhile, new ETF filings show that financial institutions continue to develop crypto investment infrastructure despite legislative uncertainty. Traders should monitor Bitcoin’s $60,000 support, the $67,000 resistance level, ETF flows, and upcoming policy decisions.
