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The Polylog Crypto Intelligence Brief

Morning Edition · Sunday, July 5, 2026

Bitcoin Reclaims $63,000 After Its Worst First Half Since 2022

A weak US jobs report reduced near-term expectations of a rate increase and raised the prices of major tokens, but options desks and long-time traders remain cautious.

Bitcoin Reclaims $63,000 After Its Worst First Half Since 2022

Bitcoin climbed back above $63,000 on July 4, reversing late-June losses in thin holiday trading, with XRP leading gains among the major tokens, according to CoinDesk. The move followed a weak US jobs report that reduced expectations of a n…

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New Fed Chair Scraps Forward Guidance for a Hawkish Regime

Over the coming months, the Warsh-led Fed's elimination of forward guidance and the dot plot, paired with a hawkish tilt toward hikes, injects real-rate and liquidity uncertainty that pressures risk assets including Bitcoin.