Live: Bitcoin Holds Above $64K as Anthropic Moves to Watermark Claude AI Content

FxPro chief market analyst Alex Kuptsikevich said the companies that helped bring institutional credibility to Bitcoin are increasingly turning their attention toward AI data centers. That shift is putting Bitcoin’s largely flat 50-day moving average in the spotlight.

Re7 Capital has attributed the recent slowdown in stablecoin supply to rising yields on U.S. Treasury bonds.

According to Re7, stablecoin expansion has historically been influenced by how onchain returns compare with yields available from U.S. government debt. With the 10-year Treasury yield approaching 5%, decentralized finance is finding it harder to compete for investor capital.

Stablecoin market capitalization reflects that pressure. CoinDesk data shows the sector has shed roughly $10 billion since May, while July recorded its sharpest monthly decline since 2022.

The opposite dynamic helped the crypto market in late 2023. After the 10-year Treasury yield reached nearly 5% in October and began declining, stablecoin supply entered a prolonged period of growth.

More recently, inflation concerns connected to the Iran conflict have driven Treasury yields higher, coinciding with a slowdown in stablecoin expansion.

Re7 expects the pressure on stablecoins to diminish if Treasury yields begin to fall. Lower government bond yields would make DeFi returns relatively more attractive, potentially encouraging investors to move capital back onchain and supporting renewed stablecoin growth.

Anthropic to Watermark Claude-Generated Content Under EU AI Rules

Anthropic said it will begin applying machine-readable markings to content created by its Claude AI models as part of its commitments under the EU AI Act’s Code of Practice on transparency.

Claude models introduced in the European Union from Aug. 2, 2026, will support content marking from launch, according to the company. AI-generated text will contain embedded watermarks, while supported generated files will carry digitally signed provenance metadata showing that the content originated from an AI system.

The marking system will extend across Anthropic’s product ecosystem, including its API, Claude application, Claude Code, Cowork and Tag. The company also plans to apply the technology globally rather than limiting it to EU users, although Anthropic noted that certain platforms or features may not support every available marking format.

Anthropic said it will provide tools and technical documentation to help users and third parties identify the markings, in line with requirements outlined in the EU transparency code.

Models released before Aug. 2 will be covered by a transition period. Anthropic said it is also working on bringing marking capabilities to those earlier models.

AI Shift Among Crypto Companies Adds Pressure to Bitcoin

Bitcoin fell roughly 2% to around $64,200 on Monday as crypto markets weakened, with the decline driven in part by companies that previously helped promote Bitcoin increasingly shifting toward AI, according to Kuptsikevich.

The broader cryptocurrency market also dropped about 2% to approximately $2.18 trillion, with roughly 10 declining assets for every cryptocurrency that posted a gain.

Some of the companies making the transition are major players that helped give crypto greater institutional legitimacy. Strategy and Bitcoin miners such as MARA have increasingly repositioned themselves around AI-related data-center opportunities over the past two years.

Kuptsikevich said institutional investors may now be selling Bitcoin either to raise liquidity or redirect capital toward AI infrastructure. If corporate interest in Bitcoin continues to weaken, he warned that forced or voluntary BTC liquidations could increase in the coming weeks.

According to Kuptsikevich, corporations entered the crypto market when doing so benefited their image, creating a dynamic that differed from traditional equity markets, where retail investors often arrive later in the cycle. Their retreat could now leave Bitcoin increasingly reliant on the retail investor base that originally supported the asset.

Bitcoin is currently trading slightly above its 50-day moving average, which has remained almost unchanged for roughly three weeks. The flat indicator reflects a tug-of-war between sellers distributing their holdings and buyers absorbing the available supply. Whether Bitcoin can maintain this level could be an important signal for its next move.

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