TechFlow News, July 16, according to CoinDesk, Bitcoin and Ethereum stabilized amidst the tug-of-war between US-Iran tensions and moderate inflation data, with BTC remaining near $64,782 and touching a three-week high of $65,200 intraday; ETH held at $1,895, the highest level since June 3.
In terms of the market, HYPE rose 4% targeting a breakthrough of the $78 record, LIT stalled near the all-time high of $2.76, the Altcoin Season Index dropped to 46/100 indicating capital concentration on major cryptocurrencies. Derivatives data shows BTC open interest reached $17.3 billion, with 24-hour liquidation volume at $357 million. June CEX spot trading volume increased 15.3% month-over-month to $1.11 trillion, while RWA perpetual contract volume hit a new high of $311 billion.
![In-depth Analysis of Trade[XYZ]: How Were 92 Markets and 98% HIP-3 Trading Volume Established?](https://upload.techflowpost.com/upload/images/20260716/20260716061117965147.jpeg?x-oss-process=image/resize,p_50/quality,q_80)
