😕 Did Trump's Comments End The Bitcoin Rally?

Bitcoin is no longer 'the fastest horse' in the market.

Author

Ivan
July 08, 2026

Happy Wednesday!

Bitcoin has plunged below $62,000 again and it may have something to do with the President declaring the Iran ceasefire “over”. But July should be still green if history repeats.

AI stocks have taken Bitcoin’s spotlight in 2026, prominent analyst Lyn Alden said. That means Bitcoin is ‘no longer the fastest horse’ in terms of investable assets.

Plus, Tom Gentile went 43-0 in 2025 and has closed 22 of 24 trades as winners in 2026. Today at 12 PM ET, Tom goes live to walk through the exact framework behind those results and show how the same structure is built to perform in the current market environment.

TOP STORY

Bitcoin is stumbling today after Donald Trump declared the Iran ceasefire "over" at a NATO summit, disrupting a crucial $487 million three-day ETF inflow recovery.

Despite the geopolitical shock, cycle expert Benjamin Cowen argues history still points to a counter-trend July bounce.

There were June flushes in 2018 and 2022 that preceded 19% to 38% July relief rallies.

This historical roadmap targets a squeeze toward the declining 200-day moving average near $70,000 by mid-August, though Cowen warns traders not to get greedy — July gains have historically been completely erased in August and September…

SPECIAL OFFER

Tom Gentile went 43-0 in 2025 and has closed 22 of 24 trades as winners in 2026 — across DASH, ORCL, CVNA, RDDT, AMZN, RGTI, and more.

Today at 12 PM ET, Tom goes live to walk through the exact framework behind those results and show how the same structure is built to perform in the current market environment. Past performance does not guarantee future results. 

MARKET MINUTES

Dogecoin is down 4% even though the House of Doge foundation published an ambitious roadmap. What is going on?

XRP also plunged 4% despite positive fundamental developments by the XRP Ledger. What is happening with XRP?

Shiba Inu saw the biggest token burn in weeks, with 117 million SHIB removed from circulation. Can it help reverse the downtrend?

FINTECH FOCUS

Bitcoin is drifting near $60,000 — and macro analyst Lyn Alden warns there is "nothing coming to save" the asset from a brutal capital drain into hot AI and semiconductor plays.

While the crypto king is scraping its historical valuation floor, Alden argues a lack of retail hype and tight liquidity make new all-time highs highly unlikely this year.

She notes Strategy managed its STRC preferred dividend crisis reasonably well but warned Michael Saylor of the extreme tail risks in marketing BTC-backed yield products during sharp drawdowns.

What’s next then for BTC?

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