Market Snapshot

$BTC: $61.6K
$ETH: $1.72K
Crypto Market Cap: $2.221T
🔹 Global stock market capitalization has reached a record $166 trillion, up 23.6% YoY.
🔹🇺🇸 ETF FLOWS (July 2): All major U.S. spot crypto ETFs recorded net inflows.
• BTC: +$221.72M
• ETH: +$29.08M
• SOL: +$2.20M
• XRP: +$6.55M
🔹 Altcoin sell pressure has fallen to its lowest level in years, according to CryptoQuant.
🔹 Bitcoin is testing the $60K support as exchange inflows increase, with whales reportedly driving the activity, signaling higher volatility ahead.
🔹 Polymarket currently gives Bitcoin just a 20% chance of reaching $70K in July.
🔹 Santiment says XRP Ledger average trading returns have dropped to their lowest level in 12 years, historically a sign that a relief rally may be approaching.
🔹 Irish drug dealer Clifton Collins transferred another 500 BTC ($30.85M) to Coinbase Prime, part of 1,500 BTC moved since his long-dormant wallets became active three months ago.
🔹 Riot Platforms moved 500 BTC ($30.72M) into NYDIG custody, a transaction that could indicate preparations for a potential sale.
🔹 Hong Kong will launch its long-awaited gold clearing and settlement system next week as it aims to become a major global pricing hub for gold.
🔹 Tesla will cap employee AI-related spending at $200 per week starting July 6, according to The Information.