<!--BRIEF_HERO:{"bias_label":"Bullish","long_pct":75,"long_opens":3,"short_opens":1,"net_long":-5,"net_short":-1,"key_thesis":"Yesterday's soft inflation and steady rates signal potential upside continuation for crypto assets.","trade_ideas":[{"symbol":"BE","side":"long","rationale":"Strong Pulse leader with 2 long opens."},{"symbol":"SOXL","side":"long","rationale":"Top Pulse leader, indicating bullish sentiment."},{"symbol":"SPCX","side":"short","rationale":"Open leader showing [+0.62%] upside."}],"top_symbols":[{"ticker":"SOXL","long":1,"short":0},{"ticker":"SPCX","long":0,"short":1},{"ticker":"BE","long":2,"short":0},{"ticker":"GLW","long":0,"short":0},{"ticker":"GME","long":0,"short":0}],"last_updated_utc":"2026-07-16T07:00:13.528Z","date_label":"July 16, 2026","asset_class":"crypto","regime":"bull","verdict":"Lean bullish: enter pullbacks to prior highs, favor leaders, avoid chasing vertical moves.","confidence":"moderate","horizon":"Intraday · 24h","do_list":["Buy dips to prior trading ranges.","Favor crypto leaders over {:?}","Enter breakouts cautiously, add on retests."],"avoid_list":["Chasing prices 5%+ above open.","Fading clear trends without a catalyst.","Taking longs into overextended rips."],"risks":["USD 12:30pm Retail Sales data miss.","Ostium exploit renews DeFi security fears.","Key support breaks on BTC at $63k."],"cross_market_note":"Crypto echoes stock market sentiment; [SOXL](/stocks/soxl) shows similar strength on macro data.","focus_tickers":[{"ticker":"RIVN","side":"long","spark":[70.6,41.4,29],"why":"Strong PnL leader, showing [+1.65%] upside."},{"ticker":"USELESS","side":"short","spark":[-8.8,-31.9,-50.7],"why":"Short leader showing [+3.25%] downside."},{"ticker":"SPCX","side":"short","spark":[-37.2,-54.9,-7.9],"why":"Short leader, up [+0.62%] in a bullish session."},{"ticker":"1000BONK","side":"short","spark":[4.8],"why":"Short leader, up [+2.24%] on the day."},{"ticker":"SOXL","side":"long","spark":[40.7,41.6,66.3,105.7,146.2,142.7],"why":"Long Pulse leader gaining traction."}],"pulse_7d":[{"date":"2026-07-10","long":20,"short":9},{"date":"2026-07-11","long":3,"short":0},{"date":"2026-07-12","long":4,"short":2},{"date":"2026-07-13","long":5,"short":4},{"date":"2026-07-14","long":15,"short":3},{"date":"2026-07-15","long":8,"short":1},{"date":"2026-07-16","long":2,"short":0}],"compare":{"other_class":"stocks","other_class_label":"Stocks","other_bias_label":"Bullish","other_long_pct":72.2,"other_long_opens":39,"other_short_opens":15,"other_brief_slug":"market-brief-stocks-july-15-2026"}}-->
## Inflation Cools, Rates Steady: Crypto Eyes Upside
Markets are breathing easier after soft inflation prints. Today's crypto bias is constructive, leaning bullish.
## Macro calendar
### Yesterday — what already moved
- 🔴 High · **USD** · 12:30pm — Core PPI m/m
- 🔴 High · **USD** · 12:30pm — PPI m/m
- 🔴 High · **CAD** · 1:45pm — BOC Monetary Policy Report
- 🔴 High · **CAD** · 1:45pm — BOC Rate Statement
- 🔴 High · **CAD** · 1:45pm — Overnight Rate
- 🔴 High · **USD** · 2:00pm — Fed Chairman Warsh Testifies
- 🔴 High · **CAD** · 2:45pm — BOC Press Conference
### Today — watch list (times in ET)
- 🔴 High · **GBP** · 6:00am — GDP m/m
- 🟡 Med · **USD** · 12:30pm — Core Retail Sales m/m
- 🟡 Med · **USD** · 12:30pm — Philly Fed Manufacturing Index
- 🟡 Med · **USD** · 12:30pm — Retail Sales m/m
- 🟡 Med · **USD** · 12:30pm — Unemployment Claims
## Top closed crypto trades (24h)
| Asset | Side | PnL | ROI on $700 |
|---|---|---|---|
| [WLD](/coins/wld) | SHORT | +$7.60 | +1.09% |
| [BEAT](/coins/beat) | LONG | +$5.80 | +0.83% |
## Open crypto positions leading right now
| Asset | Side | Unrealized PnL | ROI |
|---|---|---|---|
| [RIVN](/coins/rivn) | LONG | +$16.94 | +1.65% |
| [USELESS](/coins/useless) | SHORT | +$9.59 | +3.25% |
| [1000BONK](/coins/1000bonk) | SHORT | +$8.63 | +2.24% |
| [ZRO](/coins/zro) | SHORT | +$6.97 | +3.65% |
| [SPCX](/coins/spcx) | SHORT | +$2.97 | +0.62% |
The rally past $65k on soft inflation data ([Bitcoin Magazine](news/bitcoin-magazine)) is the primary driver. This macro relief shows investors are willing to step back in. Meanwhile, the recurring Ostium oracle exploit ([Decrypt](news/decrypt), [CoinDesk](news/coindesk)) is a stark reminder of DeFi's persistent risks, though likely contained to specific protocols today.
Revolut securing UAE approval ([CoinTelegraph](news/cointelegraph)) signals growing regulatory clarity in key markets, which is a long-term positive. We're watching for follow-through buying, especially in [BTC](/coins/btc) if it holds $65k.
Today’s macro backdrop supports a bullish crypto bias. Our open longs are showing strength, while shorts hold steady. Stay disciplined with entries and exits as we watch key levels. Explore Radiant's alpha at [/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.
- **Decrypt** — Another DeFi Exploit: Perp DEX Ostium Loses $18 Million in Oracle Attack
- **Decrypt** — US Treasury Freezes $131 Million in Iran-Linked Crypto Wallets
- **CoinDesk** — Two groups of bitcoin Investors sell on the rise as U.S. inflation lifts prices to nearly $65,000
- **CoinTelegraph** — Revolut receives in-principle approval from UAE authorities for crypto services
- **Bitcoin Magazine** — Bitcoin Price Jumps Over $65,500 on Soft Inflation Data
- **CoinDesk** — Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi
- **CoinTelegraph** — Hyperion DeFi to deploy 500K HYPE for Hyperliquid HIP-3 markets
- **CoinDesk** — Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady near $65,000
- **CoinDesk** — Ether outruns bitcoin as ETF money returns, almost all of from BlackRock's fund
- **Decrypt** — OpenAI Uses AI Red Team to Strengthen GPT-5.6 Against Prompt Injection Attacks