Major cryptocurrencies are consolidating at recently established highs as sentiment remains upbeat due to strong institutional inflows and rising optimism around spot ETF approvals for altcoins.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $109,701.36 |
| Ethereum | (CRYPTO: ETH) | $2,579.45 |
| Solana | (CRYPTO: SOL) | $151.69 |
| XRP | (CRYPTO: XRP) | $2.26 |
| Dogecoin | (CRYPTO: DOGE) | $0.1709 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001186 |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 4.3% and daily active addresses growing by 2.4%. Transactions greater than $100,000 are up from 11,019 to 12,303 in a single day. Exchanges netflows are up by 19.9%.
- Coinglass data reports 88,497 traders were liquidated in the past 24 hours for $242.80 million.
Notable Developments:
- Bitcoin, Ethereum Poised For Bullish July, Experts Say, But Only One Is ‘Underowned’
- Anthony Scaramucci Predicts Bitcoin Treasury Frenzy ‘Will Fade’
- Arthur Hayes Shares His ‘Stablecoin Play’ — And It Isn’t Betting On Circle
- XRP Spikes 3% As Ripple Applies For US Banking License
Top Gainers:
| Cryptocurrency | Ticker | Price |
| Bonk | (CRYPTO: BONK) | $0.00001645 |
| Fartcoin | (CRYPTO: FARTCOIN) | $1.19 |
| Celestia | (CRYPTO: TIA) | $1.61 |
Trader Notes: Crypto trader Ted Pillows noted that Bitcoin dominance appears set for a short-term decline, likely triggering a brief relief rally for altcoins. While it’s not expected to mark the beginning of a full altseason, altcoin holders may still enjoy a few weeks of upside.
Byzantine General sees a breakout in both price and open interest (OI) typically signals continued upside. Based on this pattern, BTC could be heading toward the next target at $112,000.
Titan of Crypto observed that Bitcoin is nearing a crucial mid-channel resistance level on the weekly chart. A breakout above this red mid-range line could pave the way for a move into the higher green target zone.
Crypto Mikey stated that with the holiday weekend approaching, this appears to be a good spot to hedge short on Bitcoin. He advises it is time to play it safe and enjoy the break.
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