According to @boldleonidas, Bitcoin (BTC) is rebounding strongly towards the $110,000 level, buoyed by positive sentiment in risk assets following a U.S.-Vietnam trade deal. The crypto market was further boosted by the successful launch of the REX-Osprey Solana + Staking ETF (SSK), the first crypto staking ETF in the U.S., which saw a strong initial trading volume of $20 million as noted by Bloomberg analyst Eric Balchunas. Vetle Lunde of K33 Research anticipates a volatile July for BTC, driven by potential U.S. policy events like an expansionary budget bill and a July 9 tariff deadline. Despite some selling pressure, Glassnode data reveals that long-term Bitcoin holders show strong conviction, with 45% of the supply remaining unmoved for over three years, suggesting many are holding out for higher prices.

According to @StockMKTNewz, Bitcoin (BTC) is experiencing a strong rebound towards $110,000, reaching its highest price since June 11 at approximately $109,500. The positive momentum is attributed to a broader risk-on sentiment following a U.S.-Vietnam trade deal and the successful launch of the REX-Osprey Solana + Staking ETF (SSK), which Bloomberg analyst Eric Balchunas noted had a strong debut with $20 million in volume. However, K33 Research's Vetle Lunde warns that July could be highly volatile for BTC due to several key events linked to the Trump administration, including a new expansionary budget bill, a July 9 tariff deadline, and a July 22 deadline for a crypto executive order. Lunde also notes that overall crypto leverage remains contained, which may prevent a massive market deleveraging. Separately, Trump Media (DJT) announced a $400 million share buyback that will be funded independently and will not affect its existing Bitcoin treasury strategy.