Crypto Market’s Fate Hangs On The Last Days Of July — TradingView News
Bitcoin hovers just below its mid‑May record at roughly $119,000, while the global crypto‑asset capitalisation approaches $4 trillion, but traders say the real test will come in the last week of July, when an unusually dense cluster of US macro‑policy events collides with an intensifying legal battle over President Trump’s tariffs.
“The last few days of July will set the stage for markets for the rest of the year imo. FOMC meeting where dovish dissents are looking very likely. QRA meeting where we will get a look into how willing Bessent is going to be to try to weaponize treasury issuance for the first time since being chair. Tariff letter deadlines. The Supreme Court will begin deliberating on whether tariffs via…