CryptMarket Analysis — 7-9-03
Crypto markets are exhibiting cautious sentiment as bearish pressure intensifies ahead of U.S. jobs data and a major bitcoin options expiry. The CoinDesk 20 Index and Bitcoin continue to slide, reflecting market unease over macroeconomic signals and regulatory scrutiny. Nasdaq is reportedly tightening requirements for crypto treasury companies, signaling rising institutional skepticism and the need for stronger compliance. With over $3.38 billion in bitcoin options set to expire and weak jobs numbers looming, traders are bracing for higher volatility and potential deeper pullbacks. Overall, regulatory headwinds and economic uncertainty are driving a risk-off mood, with investors closely monitoring key support levels and the possible impact of upcoming policy decisions.