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Gate Research Daily Report: Over the past 24 hours, BTC traded lower in a volatile range as macro conditions remained mixed, with ETF inflows resuming while elevated U.S. Treasury yields continued to weigh on overall risk appetite. ETH traded between 1,727–1,833 USDT, underperforming BTC overall. EVAA surged 165.88% on the TON DeFi narrative, EDGEX gained 28.26% amid growing demand for decentralized derivatives trading, and AGLD rose 27.72%, supported by capital rotation into the Loot ecosystem. U.S. spot BTC ETFs recorded $224 million in net inflows, ending a six-day streak of outflows. An attack on a vessel near the Strait of Hormuz pushed oil prices higher, weighing on technology futures. Meanwhile, the 10-year U.S. Treasury yield climbed toward 4.50% as markets awaited the release of the Federal Reserve's meeting minutes.

Gate Research Daily Report: Over the past 24 hours, BTC traded lower in a volatile range as macro conditions remained mixed, with ETF inflows resuming while elevated U.S. Treasury yields continued to weigh on overall risk appetite. ETH traded between 1,727–1,833 USDT, underperforming BTC overall. EVAA surged 165.88% on the TON DeFi narrative, EDGEX gained 28.26% amid growing demand for decentralized derivatives trading, and AGLD rose 27.72%, supported by capital rotation into the Loot ecosystem. U.S. spot BTC ETFs recorded $224 million in net inflows, ending a six-day streak of outflows. An attack on a vessel near the Strait of Hormuz pushed oil prices higher, weighing on technology futures. Meanwhile, the 10-year U.S. Treasury yield climbed toward 4.50% as markets awaited the release of the Federal Reserve's meeting minutes.

BTC gained approximately 6.8% over the week, reflecting a steady recovery rather than an aggressive short squeeze. ETH outperformed with a 12.24% weekly gain, indicating that capital rotated from defensive BTC positioning into higher-beta assets. MemeCore (M), Lighter (LIT), and DeXe (DEXE) were the week's top performers, posting 7-day gains of 110.52%, 42.72%, and 26.41%, respectively. On-chain capital flows shifted from concentrated outflows to a more diversified allocation, with Solana and Base emerging as the primary destinations for inflows. Meanwhile, Polygon, Ethereum, and Arbitrum recorded net outflows of $150 million, $141 million, and $70.54 million, respectively. The launch of Robinhood Chain further intensified competition in the RWA sector, expanding the focus from asset tokenization to broker-operated blockchains and on-chain settlement infrastructure.

Gate Research Daily Report: On July 7, the crypto market continued to recover, with BTC returning to around 64,000 USDT and ETH fluctuating near 1,800 USDT. The Crypto Fear & Greed Index rose to 27, remaining in the fear zone. Market sentiment has improved from previous levels, but has yet to enter a broad risk-on phase. Among trending tokens, BLUR (+35.02%), YFI (+31.82%), and EDGEX (+27.95%) ranked as the top three gainers, corresponding respectively to NFT trading aggregation, DeFi yield aggregation, and on-chain derivatives infrastructure. At the industry level, South Africa released draft crypto asset tax guidance, moving toward a clearer reporting framework for trading, payments, staking, and DeFi activities. Belgium’s FSMA issued warnings against unauthorized service providers, signaling that MiCA enforcement is beginning to move into the implementation phase. SecondFi confirmed that it would not resume normal operations, reflecting the rising costs of asset migration and trust

On July 6, the crypto market saw a slight pullback. Both BTC and ETH continued to trade within a consolidation range after recovering from their highs. The Fear & Greed Index rebounded to 23, yet market sentiment remains in a state of extreme fear. Among top-performing tokens, NES (+38.49%), TLM (+27.14%), and ULTIMA (+18.25%) ranked as the biggest gainers. Capital continued to flow primarily into high-beta sectors such as AI infrastructure, chain games (GameFi), and application-focused ecosystems. On the industry front, DZ Bank is advancing the integration of crypto trading into Germany’s cooperative banking network. Gnosis Pay released a post-mortem on a payment card vault vulnerability, while Shielded Labs warned that the Zcash Ironwood upgrade may be delayed. Overall, the market’s main narrative remains centered on traditional finance distribution channels, payment security, and privacy network upgrades.

Gate Research Daily Report: On July 6, the crypto market as a whole entered a high-level consolidation and oscillation phase. BTC and ETH experienced mild pullbacks, while the Fear & Greed Index stood at 23 (Extreme Fear). Although capital risk appetite has improved from earlier levels, investors remain overall cautious. In terms of top-performing tokens, NES (+38.49%), TLM (+27.14%), and ULTIMA (+18.25%) led the gains, representing AI infrastructure, chain game (GameFi) ecosystems, and application-oriented blockchain sectors respectively. On the industry side, DZ Bank is driving the integration of crypto trading into Germany’s cooperative banking network, signaling that bank-side distribution is becoming a key pathway for digital asset adoption. Gnosis Pay released a post-mortem on a $1.5 million vulnerability, highlighting security weaknesses in self-custodial payment infrastructure. Meanwhile, Shielded Labs cautioned that the Zcash Ironwood upgrade may be postponed, underscoring the

Gate Research Daily Report: On July 3, weaker-than-expected U.S. June nonfarm payroll data prompted markets to scale back near-term rate hike expectations, driving BTC back above $61,000 and lifting ETH toward $1,700, while most major altcoins also moved higher. On Gate’s top gainers list, MAGMA ranked first among tokens with a market capitalization exceeding $10 million, indicating that risk appetite has begun to spread toward higher-beta assets. However, the Crypto Fear & Greed Index remains in the Extreme Fear zone, suggesting that the current rally is better characterized as a technical recovery rather than the start of a broad market reversal.

Gate Research Daily Report: On July 3, weaker-than-expected U.S. June nonfarm payroll data prompted markets to scale back near-term rate hike expectations, driving BTC back above $61,000 and lifting ETH toward $1,700, while most major altcoins also moved higher. On Gate’s top gainers list, MAGMA ranked first among tokens with a market capitalization exceeding $10 million, indicating that risk appetite has begun to spread toward higher-beta assets. However, the Crypto Fear & Greed Index remains in the Extreme Fear zone, suggesting that the current rally is better characterized as a technical recovery rather than the start of a broad market reversal.

Gate Research Weekly Report: The crypto market staged a technical rebound this week, with BTC and ETH recovering above key support levels. However, persistent ETF outflows and lowered price targets from major institutions suggest that overall risk appetite remains subdued. Meanwhile, the launch of Robinhood Chain and the establishment of Ethereum Institutional underscore continued progress in blockchain-based financial infrastructure and institutional adoption. Venture funding remained concentrated in crypto exchanges, AI, and infrastructure projects, while the tokenized asset market maintained a high degree of concentration. Looking ahead, approximately $642.5 million in token unlocks scheduled for next week may introduce localized liquidity pressure and warrant close monitoring.

Gate Research Daily Report: BTC staged a rebound from intraday lows, gaining 2.46% over the past 24 hours. ETH reclaimed the 1,600 USDT level, although it remains in a recovery phase following the recent sell-off. NFP surged 765.5% on renewed enthusiasm for AI creation and Web3 content platforms, TAIKO climbed 144.56% amid a rebound in the Layer 2 scaling sector, and POND advanced 104.85% on growing interest in decentralized infrastructure and verifiable computing. Citi lowered its 12-month price targets for both BTC and ETH, citing negative ETF fund flows as a drag on market risk appetite. Meanwhile, the independent non-profit Ethereum Institutional was officially launched to accelerate institutional adoption of Ethereum and its broader ecosystem. Robinhood Chain also went live on mainnet, alongside the launch of tokenized stocks, perpetual futures, and AI agent-powered trading services.

The easing of geopolitical tensions in the Middle East drove oil prices lower, shifting market focus from the "war premium" to the prospect of higher interest rates for longer from the Federal Reserve. The Nasdaq declined about 3.3%, while BTC and ETH fell approximately 6.9% and 9.0%, respectively, accompanied by significant net outflows from spot BTC and ETH ETFs. On-chain liquidity continued to concentrate in high-turnover trading venues, with PumpSwap emerging as the week's largest source of incremental activity. Meanwhile, DeFi liquidity remained defensive, as stablecoins, the LST sector, and lending markets all exhibited cautious sentiment. Although BTC prices retreated, open interest (OI) remained broadly stable, indicating that the derivatives market continued to operate in a relatively low-leverage environment. At the same time, 25D Skew weakened further and DVOL climbed to around 47–48, suggesting that the options market was repricing downside risk.

Gate Research Daily Report: BTC staged an intraday rally before reversing lower, ending the past 24 hours down 2.5%. ETH outperformed BTC on a relative basis, with the intraday low around 1,556 USDT serving as a key support level. DATA surged 32,000% as growing interest in AI and decentralized data infrastructure continued to attract capital, BASED gained 29.20% on the Hyperliquid financial application narrative, and WOJAK rose 26.50% amid a recovery in meme coin sentiment. Financial giants including Visa, Mastercard, and BlackRock are reportedly planning to jointly launch the OUSD stablecoin. Strategy's new capital allocation framework has sparked mixed market reactions, although Benchmark reiterated its Buy rating. Meanwhile, spot gold briefly fell below US$3,950/oz, prompting several investment banks, including Goldman Sachs, to lower their gold price forecasts.