Despite a flurry of upcoming policy moves in the U.S., the crypto market could be heading into another subdued July.
K33 Research’s Vetle Lunde suggests that even with events like the U.S. budget bill, tariff deadlines, and key crypto policy reports, trading activity may remain muted — echoing a seasonal slowdown that’s occurred in previous years.
Bitcoin, which hovers just below its all-time high, isn’t showing much reaction. Key indicators such as futures premiums, trading volume, and leveraged positions signal a market in standby mode. Lunde notes that while institutional interest appears to be dipping, this caution may actually create a healthy setup for future upside by minimizing downside liquidation risks.
The Strategic Bitcoin Reserve (SBR), a project initiated through a March executive order, remains under wraps despite key deadlines passing. Agencies were expected to submit transfer plans and acquisition strategies, but little has surfaced publicly. Market watchers believe July 22 might finally offer some answers, though uncertainty looms.
Adding to the tension is the expiration of a 90-day trade tariff pause on July 9. Any aggressive moves on that front could weigh on risk assets like crypto. Still, with market participants largely disengaged and volatility metrics suppressed, analysts view the low-leverage environment as a potential springboard — should a catalyst emerge.
As the market drifts through the heat of summer, many traders are taking a wait-and-see approach. While the headlines promise drama, Lunde believes patience could pay off, especially for those with long-term spot exposure.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/crypto-set-for-sleepy-july-despite-policy-storm-brewing-in-u-s/