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Bitcoin, PUMP & Crypto – European Wrap 11 August

Bitcoin, PUMP & Crypto – European Wrap 11 August

Bitcoin (BTC) struggles below $64,000 at the time of writing on Tuesday as rising Oil prices and uncertainty surrounding the US-Iran stalemate weigh on risk sentiment. Weakening institutional demand supports the pullback, as spot BTC Exchange-Traded Funds (ETFs) recorded outflows at the start of the week on Monday, adding near-term pressure on the Crypto King and keeping investors cautious.

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Pump.fun (PUMP) is up nearly 3% so far on Tuesday, extending gains for the third consecutive day. A surge in weekly revenue, reaching an annual high last week, supports PUMP’s recovery amid consistent token buybacks and burns. Retail demand holds firm for PUMP, with its futures Open Interest and funding rates rising. The technical outlook for PUMP is…

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