Bitcoin has broken cleanly back above the $60,000 threshold to kick off the opening session of Q3, but the higher-timeframe structures are signaling severe structural damage. While softer U.S. manufacturing data pulled 10-year Treasury yields back down from their 4.50% resistance level—fueling a sharp short-term relief bounce—Europe's strict MiCA regulations have officially come into full effect today, July 1, 2026, creating massive under-the-surface spot liquidity anomalies.
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