Crypto Daily — July 2, 2026



$BTC briefly surged to $62K; weak employment data pulled down expectations for rate hikes, and the market finally saw a wave of short covering that looked more substantial.

1. U.S. employment data came in weaker than expected; the market lowered the probability of rate hikes. $BTC briefly broke through $62K and has since retreated to around $61.5K. Over the past 24 h, it is still up +2.7%.

2. Ondo launched a tokenized U.S. equities product based on the BlackRock IVV ETF and Micron stock. On the same day, Securitize listed on the NYSE. Tokenization of RWA and compliant security instruments became one of today’s strongest main themes.

3. Gate / $GT: $GT is up +1.7% today. The price action shows a mild recovery, with the platform token performing close to BNB.

4. Cantor Fitzgerald believes the crypto market may have entered the final stage of the bear market; $BTC could complete the cycle bottom around October. They are also more bullish on projects that have real revenue and real use cases.

5. JPMorgan warned that if Strategy were to sell $BTC to pay dividends, it could amplify two-way market volatility. Meanwhile, an ETH short whale saw partial liquidation after a $ETH rally, with losses of about $4.64 M.

6. $M is up +57.5% over the past 24 h, with trading volume of about $28.5 M. It continued to rebound strongly in sequence, becoming today’s strongest altcoin. This is a high-volatility recovery move.

7. Altcoins: $B, $ULTIMA, $LIT, $UNI are up +19.8% / +15.3% / +15.1% / +12.7%, respectively. The heat is concentrated in Meme recovery, on-chain trading, DeFi, and yield-oriented protocols.

Market Status
$BTC currently $61,465 (+2.7%); $ETH currently $1,691.28 (+5.1%). $GT +1.7%; exchange tokens are generally diverging.

Next Day Brief
Bullish probability 55/100; bearish probability 45/100. Altcoin sentiment continues to rebound, and DeFi and RWA themes are stronger than ordinary Memes.

Expected Tomorrow
$BTC trading range: -1.3% to +2.6%. Key level to watch is $62K. If it holds above $62.5K, there is a chance to continue pulling back to $64K–$65K. If it falls back below $60K, the short-term recovery structure will weaken again.
BTC0.01%
ONDO0.36%
IVV0.46%
MU-1.20%
RWA0.67%
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