Morning Edition · Tuesday, July 28, 2026Published at 1:30 AM EDT · New York
Bitcoin Holds Near 64,000 Dollars as Korean Stocks Fall Before the Fed Decision
The KOSPI index dropped more than seven percent and triggered a trading halt hours before the Federal Reserve's July 28 to 29 meeting, with a rate hike seen as a small but nonzero risk.
Bitcoin traded near 64,000 dollars, down about 2 percent after the US close, while South Korea's KOSPI index fell sharply and triggered a circuit breaker, an automatic trading halt, after a decline of roughly 8 percent, with chipmakers Sams…
Continue the Crypto Intelligence Brief
Track on-chain flows, protocol shifts, stablecoins, and regulation.
- 5 crypto intelligence signals a day
- Tracked crypto trends, day over day
- Stablecoin and regulatory movement
- Source-grounded analysis with confidence labels
The Global Intelligence Brief stays free.
Part of a tracked trend
Fed Repricing Drives Cross-Asset Risk
Sharp shifts in expectations for Federal Reserve policy keep transmitting into equities and crypto together through the cost of capital, making each meeting a recurring cross-asset volatility event.
More from this edition
- Aztec Turns On Private Smart Contracts for Ethereum, Proving on Phones
- WEMIX Freezes Its Network After Owner-Key Breach Mints 5.23 Million Stablecoins
- Ethereum Researchers Confront the AMM Design That Already Runs a Third of Solana Trading
- US Senate Sets Aside Crypto Market-Structure Bill as State Regulators Push Back
- On-Chain Data Points to a Quiet Custody Breach as 5,287 ETH Moves to One Address
- SEC Commissioner's Vault Framework Puts DeFi's Hidden Managers in View
- Regulated Perpetual Futures Arrive in the US as Banks Hold Back
- BitMart Winds Down After Nine Years as Mid-Tier Exchanges Exit
- Stablecoin Supply Fell 7.7 Billion Dollars in June Even as Settlement Volume Set a High
- Federal Judge Blocks Minnesota's Prediction-Market Ban as the Sector Consolidates
- Strategy Skips Bitcoin a Fifth Week and Buys Back Its Own Preferred Stock