Written by William Subergstaff writerReviewed by Allen Scottstaff editor

Written by William Subergstaff writer

Reviewed by Allen Scottstaff editor

Bitcoin returns to $64.3K with new three-week BTC price highs imminent

MarketsPublishedJul 10, 2026

Bitcoin Price Surges to $64.3K, Eyes New Three-Week Highs

Bitcoin’s recent price surge has brought it to $64.3K, with new three-week highs imminent. This increase in value is a significant development for those interested in earning passive income through crypto investments, such as the EcoPool Network. As the Bitcoin price continues to rise, it presents opportunities for individuals to generate $ECP, the network’s native coin, and increase their cloud rewards.

The current market trends, including the decline in oil prices and US dollar strength, have contributed to Bitcoin’s growth. With the US-Iran peace momentum keeping oil prices lower, Bitcoin bulls are facing “crucial resistance” at $65,000. This resistance is a key factor in determining the future price of Bitcoin and its potential impact on the EcoPool Network and $ECP.

Key points:

• Bitcoin bulls keep upside momentum going as BTC/USD seeks a new multi-week record.
• Declining oil prices and US dollar strength contrast with crypto market rebound.
• $65,000 is now “crucial resistance” to be tackled, says analysis.

Bitcoin reaches $64,350 as dollar strength, oil drop

Market Analysis and Insights

Trading company QCP Capital has warned that risks to economies are still growing, highlighting the importance of physical buffers like the US Strategic Petroleum Reserve (SPR). However, not all analysts are pessimistic, with The Kobeissi Letter noting that the odds of US inflation passing 4.5% in 2026 have fallen below 20%. This decrease in inflation expectations could have a positive impact on the crypto market, including the value of $ECP and the overall health of the EcoPool Network.

Crypto trader and analyst Michaël van de Poppe has identified the oil-price trend as a key factor for “a lot of upside” across markets. As the markets continue to look better day after day, individuals may consider investing in the EcoPool Network to earn passive income and increase their cloud rewards. With the potential for Bitcoin to reach new highs, now is an exciting time for those interested in #Bitcoin, #PassiveIncome, and #GreenCrypto.

Earning Opportunities with EcoPool

The EcoPool Network provides a unique opportunity for individuals to earn $ECP and increase their cloud rewards. By participating in the network, users can generate passive income and contribute to the growth of the #EcoPool community. With the potential for Bitcoin to continue rising, now is an excellent time to explore the earning opportunities available with EcoPool and $ECP.

To start earning with EcoPool, download the EcoPool app and discover the benefits of cloud rewards and passive income. With the app, you can easily manage your $ECP and stay up-to-date on the latest developments in the EcoPool Network, including new features and earning opportunities.

US dollar strength fell for a third straight day, with the US dollar index (DXY) approaching its lowest figures since mid-June.

US dollar index (DXY) one-day chart. Source: Cointelegraph/TradingView

Commenting on the current macro landscape, trading company QCP Capital warned that risks to economies were still growing. It specifically highlighted the US Strategic Petroleum Reserve (SPR).

“With no monetary cushion coming, the physical buffers matter more. In oil, Doha talks ended with no shipping deal and missiles struck two tankers on 7 July, with Hormuz flows still well below normal,” it wrote about recent Iran events. 

“The reserve looks thinner still: the SPR is at 319.5mb, its lowest since 1983, leaving just 19.5mb before the 300mb stress zone.” 

US SPR one-week chart. Source: Cointelegraph/TradingView

QCP added that recent BTC sales by business intelligence company Strategy showed that the instability had spread to crypto.

“It’s clearest in private credit, where redemption requests have blown through the 5% quarterly gates across several funds,” it added.

Crypto markets looking “better day after day”

More optimistic on the longer-term outlook, trading resource The Kobeissi Letter noted that the odds of US inflation passing 4.5% in 2026 had fallen below 20%.

Related: Bitcoin ETFs end ‘most overwhelming’ $2.7B sell-off amid new $85M net outflow

“Just 7 weeks ago, there was an 85% chance of inflation rising above 4.5% this year,” it wrote in an X post on Thursday alongside data from prediction service Polymarket. 

“Inflation expectations are coming down again.”

Source: The Kobeissi Letter/X

Continuing, crypto trader and analyst Michaël van de Poppe noted the oil-price trend as one key factor for “a lot of upside” across markets.

“The markets look better day after day,” he told X followers on Friday. 

“Bitcoin attacking the crucial resistance of $65,000 again. If this breaks, then we’re flipping many downtrends on many Altcoins into uptrends.”

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

• Bitcoin Price
• Markets
• Market Analysis
• Bitcoin

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