BTC Weekly Gain Hits 0.9% Amid Volume Divergence; ETH Rises 4.6%

BTC gains 0.9% weekly but fails $67k breakout on weak volume. ETH rises 4.6%, breaking $1,800 support. FOMC decision looms.

Woofun AI reports that BTC recorded a weekly increase of 0.9%, peaking at $66,968 before declining for three consecutive days. The asset touched the $67,000 mark twice on diminishing volume, signaling price-volume divergence. ETH demonstrated relative strength with a 4.6% weekly rise, confirming a breakout above the $1,800 W-shape support line. Resistance remains between $1,940 and $1,970. The upcoming FOMC interest rate decision on July 29 is pivotal, with markets pricing a 63.7% probability of no change. Powell’s comments on a potential September rate hike, viewed as having an 80% likelihood, will significantly influence market sentiment. BTC requires support above $63,000, while ETH must maintain levels above $1,800.