<!--BRIEF_HERO:{"bias_label":"Bullish","long_pct":64.3,"long_opens":9,"short_opens":5,"net_long":-1,"net_short":3,"key_thesis":"Bitcoin's push above $64K, driven by yen strength and miner rallies, sets a clear bullish tone for crypto today.","trade_ideas":[{"symbol":"SEI","side":"long","rationale":"Strong Pulse activity, showing bullish accumulation."},{"symbol":"RIVN","side":"long","rationale":"Leading open PnL, momentum intact."},{"symbol":"SPCX","side":"long","rationale":"Active Pulse, appears to be building bullishly."},{"symbol":"ENA","side":"long","rationale":"Positive PnL leader, holding recent gains."}],"top_symbols":[{"ticker":"SEI","long":2,"short":0},{"ticker":"RIVN","long":4,"short":0},{"ticker":"POWER","long":1,"short":1},{"ticker":"SKYAI","long":0,"short":3},{"ticker":"SPCX","long":2,"short":0}],"last_updated_utc":"2026-07-10T07:00:18.175Z","date_label":"July 10, 2026","asset_class":"crypto","regime":"cautious_bull","verdict":"Stick with longs, but trim size pre-Canada jobs. Full back in post-reaction.","confidence":"moderate","horizon":"Intraday · 24h","do_list":["Hold existing longs; add on dips if strength persists.","Scale into miners showing power on pullbacks.","Set tight stops below key support levels."],"avoid_list":["Chasing parabolic moves right now.","Opening shorts despite the bullish surge.","Adding to positions before CAD jobs data."],"risks":["Weak Canadian Employment Change print at 12:30pm ET.","Bitcoin breaking back below $63,000.","Headline risk around SEC/CFTC appointments."],"cross_market_note":"Crypto tracks the tech rally, with stocks also showing a strong bullish lean today.","focus_tickers":[{"ticker":"RIVN","side":"long","spark":[-6.1,-7.4,-97,-109.9,-110.6,-44.9],"why":"Strong PnL leader, continues its upward momentum."},{"ticker":"BE","side":"long","spark":[19.9,-25.9,-9.6,24.2,67.2],"why":"Closed with a solid win, potential for follow-through."},{"ticker":"SOXL","side":"long","spark":[20.6,-34.1,-87.4,-224.3,-211.6,-170.9],"why":"Another strong closed winner, momentum persists."},{"ticker":"GLW","side":"long","spark":[-8.4,51.4,20.1,58.9],"why":"Closed positive, shows sustained strength."},{"ticker":"POWER","side":"both","spark":[17.6,49,125.5,67.6,82.5],"why":"Balanced Pulse, but currently a PnL leader."}],"pulse_7d":[{"date":"2026-07-04","long":30,"short":7},{"date":"2026-07-05","long":14,"short":53},{"date":"2026-07-06","long":18,"short":20},{"date":"2026-07-07","long":11,"short":7},{"date":"2026-07-08","long":16,"short":17},{"date":"2026-07-09","long":22,"short":2},{"date":"2026-07-10","long":0,"short":3}],"compare":{"other_class":"stocks","other_class_label":"Stocks","other_bias_label":"Strongly Bullish","other_long_pct":92.6,"other_long_opens":50,"other_short_opens":4,"other_brief_slug":"market-brief-stocks-july-9-2026"}}-->
## Bitcoin Rips Past $64K on Yen Strength, Miners Rally Hard
Bitcoin’s ripping, and the miners are following suit. Yen strength is giving crypto a lift, but keep an eye on Canada.
## Macro calendar
### Yesterday — what already moved
- 🟡 Med · **USD** · 12:30pm — Unemployment Claims
### Today — watch list (times in ET)
- 🔴 High · **CAD** · 12:30pm — Employment Change
- 🔴 High · **CAD** · 12:30pm — Unemployment Rate
## Top closed crypto trades (24h)
| Asset | Side | PnL | ROI on $700 |
|---|---|---|---|
| [BE](/coins/be) | LONG | +$43.00 | +6.14% |
| [SOXL](/coins/soxl) | LONG | +$40.70 | +5.81% |
| [GLW](/coins/glw) | LONG | +$38.80 | +5.54% |
## Open crypto positions leading right now
| Asset | Side | Unrealized PnL | ROI |
|---|---|---|---|
| [RIVN](/coins/rivn) | LONG | +$66.85 | +4.01% |
| [POWER](/coins/power) | LONG | +$8.28 | +6.22% |
| [ENA](/coins/ena) | LONG | +$7.31 | +1.02% |
| [SEI](/coins/sei) | LONG | +$2.88 | +2.81% |
| [GME](/coins/gme) | SHORT | +$2.07 | +0.14% |
Bitcoin's jump to nearly $64,000 is a big deal, fueled by yen strength and a rally in chip stocks mirroring miner gains. [MARA](/stocks/mara) popping on that Texas land deal is classic – miners are the bellwether here. Separate from that, the EU passing ‘chat control’ until 2028 is concerning, but likely has zero immediate impact on crypto price action. Still, it’s a reminder of the regulatory creep we always have to watch.
XRP pushing past $1.10 is solid altcoin action. This often follows solid BTC moves. Avalanche's treasury firm reclaiming Nasdaq compliance is mostly noise for AVAX price but shows traditional finance integration efforts. JPMorgan’s take on private blockchains being the real threat to Bitcoin is a contrarian view, but right now, the market’s not worried about that.
We're riding a bullish wave today, led by BTC and the miners. Keep longs on, but be ready to trim before the Canadian jobs report.Stocks show a similar upward claw, providing a strong backdrop. Explore Radiant algorithms to stay ahead. [explore Radiant algorithms](/algorithms)
## Sources tracked
Headlines from the last 24h were aggregated and analysed from CryptoPanic, CoinDesk, CoinTelegraph, Decrypt and Bitcoin Magazine. We summarise market-moving facts in our own words; we do not republish third-party content.
- **CoinDesk** — XRP up 2% as buyers push through $1.10 resistance
- **Decrypt** — Perplexity Fine-Tuned a Chinese AI Model to Match Claude Opus 4.8 at One-Third the Cost
- **Decrypt** — Anthropic AI Oversight Board Adds Ben Bernanke, Who Oversaw 2008 Financial Crisis at Fed
- **CoinTelegraph** — Zcash targets July 28 launch for Ironwood network upgrade
- **CoinDesk** — Bitcoin zips higher to nearly $64,000 as chip rally and yen strength drive gains
- **Decrypt** — Avalanche Treasury Firm AVAX One Reclaims Nasdaq Compliance After Reverse Stock Split
- **CoinTelegraph** — White House says it received no Democratic response related to SEC, CFTC vacancies
- **Decrypt** — MARA Stock Pops as Bitcoin Miner Agrees to Acquire Massive Powered Texas Land Plot
- **Bitcoin Magazine** — New Hampshire Council Rejects $100 Million Bitcoin-Backed Bond
- **CoinTelegraph** — EU parliament passes ‘chat control,’ allowing private chat scans until 2028