Stock Market LIVE Updates, Sensex Today: Markets Likely To Start Weak Amid Negative Global Cues

Nischal Shetty, founder, WazirX"Crypto markets remained stable despite pressure from AI stocks, higher oil prices, bond yields and a stronger US dollar. The limited decline indicated that participation remained steady, even as the environment reduced demand for risk assets.Hopes of an agreement to reopen the Strait of Hormuz supported sentiment. However, crude oil benchmarks gained more than 1%, showing that concerns around energy supplies have not eased. For crypto, sustained oil price growth could keep inflation and interest-rate expectations elevated, limiting liquidity and momentum.Regulatory developments in the US remained in focus. The CLARITY Act could establish clearer rules for crypto businesses and investors, supporting institutional participation. However, disagreement over an ethics clause has delayed the bill's progress. Its approval could become a long-term catalyst, although the immediate market impact remains limited.Crypto ETF flows remained selective as macro concerns placed pressure on Bitcoin funds. Hyperliquid ETF inflows slowed in July and early August after strong demand in May and June, while cumulative XRP ETF inflows were expected to move beyond $1.51 billion, showing continued interest in regulated digital asset exposure.Bitcoin trades near $64,214, with its summary indicating Sell as oscillators weaken and moving averages remain mixed. RSI at 51.35 remains neutral. Support sits around $64,035-$64,060, with resistance near $64,355. On the other hand, Ethereum trades near $1,898, with a Neutral summary, Buy-leaning moving averages and an RSI of 54.52. Support lies around $1,885-$1,893, while a break above $1,900 could strengthen momentum.BTC Futures traders could monitor the $64,035-$64,060 support zone and resistance around $64,355. Holding above support may keep positioning balanced, while a move through resistance could bring changes in open interest and funding rates. For ETH Futures traders, $1,885-$1,893 remains the nearest support area, with $1,900 as resistance. Traders should track volume and liquidation activity before responding to moves outside these levels."