Elon Musk’s Fight With Colorado Over AI Law Hits Pause as State Considers Revisions

What To Watch

• 1.BTC $67,500 — a daily close below this key support level would confirm a bearish breakdown from the recent consolidation, signaling a likely retest of $64,000.
• 2.Stablecoin Dominance (USDT, USDC) — a sustained increase above 10% would signal a flight to safety and a potential deleveraging event in the broader crypto market, indicating reduced risk appetite.
• 3.US CPI print on July 11 — if core CPI comes in hotter than 3.5% YoY, it would significantly reduce the probability of a Fed rate cut in September, increasing pressure on risk assets like crypto.