Bitcoin recovers from Asian session lows; Nasdaq futures remain under pressure
liveUpdated 26 minutes ago
It’s a risk-off day. Still, bitcoin is holding better than Nasdaq and Asian equity markets.
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Bitcoin (BTC) has regained some poise, recovering from Asian session lows despite signs of worsening risk aversion in equity markets.
The leading cryptocurrency by market value traded at around $63,500 as of this writing, up from the low of $63,065 in Asia, according to CoinDesk data. Prices are still down by 0.3% since midnight UTC and by nearly 3% over the past 24 hours.
In the meantime, e-mini futures tied to Nasdaq have slipped to 27,930 points, the lowest since May, and are down 1.2% for the week, having peaked near 31,000 in June. On Monday, shares in NVDA, the index heavyweight, fell by nearly 5%.
Earlier today, South Korea’s Kospi index tanked by 10%, alongside relatively more measured declines in other regional indices, such as Japan’s Nikkei.
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Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Jul 22, 2026
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.