📈 Crypto Market 10-Hour Review on July 2


BTC held above $60k, peaking at $61,000, with a 24h gain of approximately 3.6%. Crypto concept stocks surged across the board. However, ETFs saw net outflows for 9 consecutive days, and Citigroup slashed its BTC target price to $82,000, creating a complex tug-of-war pattern of "oversold rebound + capital withdrawal."
• 🔥 Market: BTC at $60,811 (+3.6%), ETH at $1,629 (+3.56%), SOL leading with over 6% gains. Total liquidations exceeded $300 million, with short covering driving the rebound.
• 📰 Politics & Regulation: The "Trump account" in the U.S. landed on the S&P 500 primary bid, diverting funds and negatively impacting the crypto space. The EU's MiCA regulations took full effect, with 244 crypto service providers registered.
• 💸 Capital Movements: BlackRock transferred $250 million worth of BTC and ETH to Coinbase, sparking sell-off speculation. Forward Industries bucked the trend by increasing its SOL holdings to 7.55 million, becoming the largest holder.$ETH
BTC3.14%
ETH5.33%
SOL4.90%
SPYX-0.76%
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