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📢 Gate Square Daily | July 7, 2026 — Crypto & Market Update
🚀 Industry News: Trump Shows Strong Support for Crypto
Former U.S. President Donald Trump stated that he is a “big fan” of cryptocurrency, highlighting the growing influence and adoption of digital assets in mainstream discussions. His comments continue to keep crypto in the spotlight as investors watch for potential policy and market impacts.
📊 Market Update: Bitcoin & Ethereum Hold Steady
• ₿ Bitcoin (BTC): $64,061 — up +0.8% in the past 24 hours
• Ξ Ethereum (ETH): $1,802 — up +0.9% in the past 24 hours
Major cryptocurrencies showed modest gains as the market remained focused on institutional activity, regulatory developments, and broader economic signals.
⚠️ On-Chain Alert: BonkDAO Faces Governance Attack
BonkDAO reportedly suffered a governance attack, resulting in approximately $20 million worth of BONK tokens being transferred from its treasury. The incident highlights ongoing risks around decentralized governance systems and the importance of stronger security measures in the DeFi ecosystem.
💻 TradFi Update: Citi Sees Divergence in Chip Stocks
Citi analysts expressed a bullish outlook on Micron Technology, while taking a more cautious stance on Qualcomm. The firm expects further separation in performance among U.S. semiconductor companies as market conditions evolve.
🏦 Institutional Moves: Strategy Adjusts Bitcoin Holdings
Strategy reduced its Bitcoin holdings by 3,588 BTC last week, representing a value of more than $220 million. The move has attracted attention from investors monitoring institutional strategies and potential shifts in corporate crypto exposure.
📌 Today’s Market Focus:
Crypto continues to evolve alongside traditional finance, with institutional decisions, security events, and regulatory developments shaping investor sentiment.
🔔 Stay updated with Gate Square Daily for the latest crypto, blockchain, and market insights.
#Crypto #Bitcoin #Ethereum #BONK #DeFi
1️⃣ Industry: Trump said he is a “big fan” of cryptocurrency.
2️⃣ Market Update: BTC trades at $64,061 (+0.8% 24h), while ETH stands at $1,802 (+0.9% 24h).
3️⃣ On-Chain: BonkDAO suffered a governance attack, with around $20 million worth of BONK tokens transferred from its treasury.
4️⃣ TradFi: Citi is bullish on Micron Technology and bearish on Qualcomm, expecting further divergence in U.S. chip stocks.
5️⃣ Institutional Moves: Strategy reduced its holdings by 3,588 BTC last week, worth over $220 million.