Bitcoin trades at ~$64,100 on July 11, 2026, having already recovered ~10% from the monthly low ($57,950 on July 1). On-chain data shows whale accumulation of 270,000 BTC worth $16.7 billion – a strong hold signal. Fear & Greed Index at 22 (extreme fear) is historically a contrarian buy indicator. CoinDCX base forecast for July: $65,600. The $66,000 threshold is ~3% above current price.
After months of tug-of-war between industry lobbyists and consumer advocates, the revised AI Liability Directive comes to a vote. Political pressure following several high-profile AI failures in EU member states has accelerated the timeline.
The European Central Bank continues its easing cycle that began in autumn 2024. Weak industrial output in Germany and France, combined with declining core inflation, gives the ECB Governing Council majority sufficient room for another 25 basis-point cut.
Based on the current rate-cutting cycle and weak eurozone inflation, another rate cut is likely.