Crypto

Bitcoin Slides 1.5% Amid Micron Collapse and Market Turbulence

724FinanceEmre Can
Bitcoin Slides 1.5% Amid Micron Collapse and Market Turbulence

Bitcoin slipped 1.5% as U.S. equity sell‑offs and Micron Technologies's over 30% decline cast a shadow over the crypto market.

Bitcoin's 1.5% Slide and Market Mechanics

According to TradingView data, BTC/USD is circling $64,500, down from its three‑week high the day before. The move follows two consecutive weeks of softer U.S. inflation prints, signaling a corrective pullback.

Micron's Downturn and the Tech‑Equity Ripple

Micron Technologies shares fell 15%, extending the decline to over 30% from their June 22 record high. The slide reflects a broader profit‑taking wave among tech investors.

Retail Investor Profit‑Taking Surge

  • Tesla and Apple stock sales topped $200 million over the past two weeks.
  • Total retail turnover in single‑stock trades hit a record $370 billion, up 68% since the start of 2026.
  • Technical Outlook: AVWAP and EMA Signals

  • The anchored volume‑weighted average price (AVWAP) measured from the $82,000 peak serves as a potential resistance capping the current rally.
  • The 50‑month exponential moving average (EMA) sits around $65,900, hinting at a possible rejection point.
  • Markets have settled into a volatile equilibrium driven by tech profit‑taking and muted inflation data. Bitcoin’s price is flirting with both AVWAP and the long‑term EMA, suggesting a short‑term downside risk while still laying the groundwork for a larger bullish move. DeFi liquidity pools and layer‑2 scaling solutions may be less exposed to this volatility, though heightened risk premiums could affect overall crypto capital flows.
    Emre Can

    Financial Analyst: Emre Can

    DeFi ve Web3 Ekosistemi Analisti. Akıllı kontrat platformlarındaki TVL (Total Value Locked) değişimlerini, likidite havuzlarını ve katman-2 (Layer-2) ölçeklendirme çözümlerini kod seviyesinde okuyan uzman.

    Disclaimer: The investment information, comments, and recommendations contained herein are not within the scope of investment advisory. Investment advisory services are provided individually by authorized institutions, taking into account the risk and return preferences of individuals. The comments and recommendations contained herein are general in nature. These recommendations may not be suitable for your financial situation and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results that meet your expectations.

    © 2026 724Finance - All Rights Reserved.Original Source: CoinTelegraph