Crypto Market Dynamics and Analysis

Market Observation

The tax cut bill promoted by Trump has encountered obstacles in the Senate, with divisions emerging within the Republican Party. Trump continues to pressure the Federal Reserve, calling for significant interest rate cuts, raising concerns among economists about the independence of the central bank. Despite these uncertainties, the US stock market still reached new highs.

In the context of the accelerating integration of traditional finance and blockchain, tokenized stocks have become a new direction for development. Many platforms are laying out related services, but insufficient liquidity and lack of regulation remain challenges. Stablecoins and tokenized stocks are attracting more institutional funds into the market.

Bitcoin broke through $108,500 over the weekend, nearing its historical weekly closing high. Analysts point out that the key now is whether it can break through $109,000 and maintain its upward momentum. Some believe that Bitcoin may reach the peak of the bull market around September-October 2025, currently being in the final stage of the bull market.

Ethereum outperformed Bitcoin, with a weekly closing price above $2500. On-chain data shows a potential bullish trend, and some traders anticipate that ETH may reach $3000 soon. The Ethereum ecosystem is also showing signs of renewed activity.

In terms of Meme coins, after the launch of the creation tool by Moonshot, several new Meme coins have gone live. Some have performed well, with market capitalizations reaching several million dollars. Independent projects like $MORI and $USELESS have also seen significant gains.

Key Data

• Bitcoin: $108,379, Year-to-date +15.67%
• Ethereum: $2,500.45, Year-to-date -25.2%
• Fear and Greed Index: 52 (Neutral)
• Market Share: BTC 64.7%, ETH 9.1%
• Total liquidation amount in 24 hours: 201 million USD

ETF Flows

• Bitcoin ETF: +$501 million (net inflow for 14 consecutive days)
• Ethereum ETF: +$77.4472 million

Important Events

• A certain wallet will launch NodeOps (NODE)
• Zama will launch the testnet.
• The U.S. Senate votes on key legislation
• The governors of major central banks around the world will hold a panel discussion.
• Multiple projects will welcome token unlocks.

Market Performance

Top 500 largest gains by market capitalization today:

1. Humanity Protocol (H): +103.83%
2. Launch Coin (LAUNCHCOIN): +32.17%
3. Shentu (CTK): +21.58%
4. Useless Coin (USELESS): +19.71%
5. Arbitrum (ARB): +17.82%

Hot News

• Multiple tokens are about to experience a large unlock.
• The probability of the Federal Reserve keeping interest rates unchanged in July is 81.9%.
• A trading platform has launched Fuel Network (FUEL)
• 27% of South Koreans aged 20-50 hold cryptocurrency
• The RWA market size grew by 85% year-on-year to $24 billion.
• BlackRock has increased its Bitcoin holdings for 9 consecutive weeks, totaling approximately 107,139 coins.
• Endless Clouds announced the tokenomics of END.
• U.S. digital asset advisors suggest that the allocation of encryption in investment portfolios could increase to 10-40%.