The cryptocurrency market kicked off the second week of July with strong momentum. Bitcoin, Ethereum, and Solana are all trending upward, as institutional inflows and ETF-related optimism fuel investor confidence. The total market cap remains above $3.3 trillion, with bullish sentiment dominating market narratives.
Bitcoin Breaks $109,000 as Institutional Interest Grows
Bitcoin (BTC) surged past $109,200, posting a 0.9% daily gain. Analysts attribute the steady rise to renewed confidence in macroeconomic conditions, including positive signals surrounding upcoming U.S. trade agreements. According to Glassnode, Bitcoin exchange balances continue to decline, reinforcing long-term bullish sentiment.
Further fueling optimism is the speculation surrounding a potential $115K BTC breakout by month-end, with traders pricing in a 50% likelihood of that move. Institutions such as BlackRock and Fidelity are reportedly increasing exposure, suggesting a long-term accumulation phase.
Ethereum Rises 2.2% Amid Growing ETF Momentum
Ethereum (ETH) is up 2.2%, trading at approximately $2,571. The boost comes as ETF inflows across Europe and Asia continue to climb, surpassing $1.17 billion in June alone. Investors are also eyeing U.S. regulatory progress on ETH-based ETFs, which could further expand access to institutional capital.
Analysts note a growing interest in ETH staking integration in ETFs, which could drive even more capital into Ethereum over the coming quarters.
Solana Gains as New Staking ETF Launches
Solana (SOL) is trading between $150 and $160, with a 3.2% gain on the day. The price surge follows the launch of the REX-Osprey Solana + Staking ETF (SSK)—the first U.S.-listed ETF combining exposure to Solana with on-chain staking. Offering yields as high as 7.3%, the fund has already attracted notable attention despite its 1.4% management fee.
Technically, Solana is forming a symmetrical triangle pattern, with upside potential to $175 if buying pressure holds. Analysts remain bullish, particularly as more smart contract developers and dApps embrace the network.
Altcoin Watch
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Pepe Coin (PEPE): Down ~40% from its highs, now at $0.000010. Analysts see a potential bounce from current levels based on falling wedge patterns.
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Toncoin (TON): In the news for a controversial UAE residency staking offer, which requires users to stake $100K in TON for a so-called “Golden Visa.” CZ has cautioned investors about its credibility.
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BNB, LINK: See renewed buying interest as institutions diversify away from Bitcoin dominance.
Macro Trends & Institutional Flows
The crypto market is being shaped by broader macro trends, including remarks from U.S. Treasury Secretary Scott Bessent, who hinted at upcoming trade deals before the July 9 tariff deadline. This has strengthened confidence in both traditional and crypto markets.
Meanwhile, ETF product launches and record-breaking institutional presales are reshaping investor behavior. According to The Australian, the narrative is shifting from speculative “get-rich-quick” approaches to long-term wealth-building via blockchain assets.
Market Sentiment & Outlook
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Crypto Fear & Greed Index: Trending in “Greed” territory, indicating cautious optimism.
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Total Crypto Market Cap: Holding above $3.3 trillion.
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Key Macro Catalysts Ahead: U.S. FOMC minutes, CPI data, and trade negotiations could sway markets further.
Quick Recap
| Coin | Price | 24H Change | Key Insight |
|---|---|---|---|
| BTC | ~$109,218 | +0.9% | Trade optimism, ETF inflows |
| ETH | ~$2,571 | +2.2% | Strong ETF momentum |
| SOL | $150–160 | +3.2% | First U.S. Solana + Staking ETF |
The crypto market is showing strength across top assets as institutional momentum and favorable macro conditions create an ideal environment for long-term gains. With Ethereum and Solana leading innovation via ETF integrations, and Bitcoin targeting new highs, July is shaping up to be a pivotal month for crypto investors.
culled: coinmarketcap.com
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