According to @stocktalkweekly, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) falling below $106,000. This downturn is attributed to several factors, including heightened geopolitical risk from potential new U.S. tariffs and warnings of conflict with Iran, as cited in the report. The pullback also follows profit-taking after BTC achieved its highest-ever monthly close above $107,000. Further pressure comes from weakness in U.S. tech stocks, which appeared to spill over into digital assets. While softer economic data like the Producer Price Index and rising jobless claims could suggest future easing, Federal Reserve Chairman Jerome Powell has maintained a patient stance on rate cuts. Altcoins such as Ether (ETH), Solana (SOL), and XRP (XRP) saw even steeper declines, dropping between 5% and 7%.

According to @AltcoinGordon, Bitcoin (BTC) has surged past $108,600, fueled by institutional developments including a JPMorgan digital asset trademark filing and the upcoming launch of a spot XRP ETF in Canada by Purpose. Gregory Mall of Lionsoul Global notes that Bitcoin's market dominance has exceeded 54%, a level that historically precedes an altcoin rally, which has previously lagged BTC's all-time highs by two to six months. This BTC rally is supported by over $16 billion in year-to-date spot ETF inflows and significant corporate buying. Further institutional adoption is highlighted by analyst Kevin Tam, who points to a Canadian pension fund purchasing $55 million in BTC ETFs. While Bitfinex analysts suggest a potential market bottom, citing the $102,000-$103,000 range as a key support zone for BTC, Nansen research analyst Nicolai Søndergaard cautions that a full-blown altcoin season has not yet begun, as altcoin performance is still primarily triggered by BTC's price movements.

According to @MilkRoadDaily, Syncracy Capital Co-Founder Ryan Watkins has reaffirmed his bullish stance on Solana (SOL), predicting the blockchain is set to lead the 'tokenization of everything.' Watkins had previously forecasted that the winner in this space could evolve into a platform valued between $100 billion and $500 billion. This commentary is supported by a surge in institutional interest, as evidenced by CME Futures volume for SOL reaching a record high of 1.75 million contracts. From a trading perspective, technical analysis shows SOL established support at $143.02 and faces a key resistance band between $147.90 and $148.00, with traders watching for a potential retest of the $148–$150 range.

According to @rovercrc, Bitcoin (BTC) experienced significant volatility, surging past $106,000 following reports of a ceasefire between Iran and Israel, which was later confirmed by a senior Iranian official to Reuters. The price rally followed a plunge to as low as $98,500 just 24 hours prior. Altcoins such as Ether (ETH), XRP (XRP), and Solana (SOL) also saw substantial gains of 8-10%. The market relief was further supported by comments from Federal Reserve Chair Jerome Powell, who indicated a patient approach to interest-rate cuts. Bitunix analysts noted this stance is generally supportive of risk assets. In the derivatives market, Wintermute's OTC trader, Jake O, pointed to expectations of tight price action between $100,000 and $105,000, although call option buying for July and September suggests a modest bullish bias. Additionally, a $242 million drop in high-risk DeFi loans over two weeks signals healthier market conditions and reduced risk of liquidation cascades.

According to @rovercrc, softer-than-expected U.S. inflation data is fueling bullish sentiment for Bitcoin (BTC), with analysts now seeing a path to new highs. Matt Mena of 21Shares suggests that this positive macro environment could push the BTC price to $200,000 by the end of the year, noting that a firm break out of the $105,000-$110,000 range could trigger a sharp move to $120,000 much sooner. This outlook is supported by Nick Ruck of LVRG Research, who points to rising institutional purchases and dovish commentary from the Federal Reserve as key drivers. Following the inflation report, traders are now pricing in approximately two Fed rate cuts for this year. From a technical standpoint, FxPro’s Alex Kuptsikevich notes that Bitcoin has reclaimed its 50-day moving average, signaling strengthening momentum. As Bitcoin trades near $108,000, traders are also watching for potential upward moves in altcoins like Ether (ETH), Solana (SOL), and Cardano (ADA).

According to @AltcoinGordon, significant regulatory momentum is building in the U.S. crypto market as a stablecoin bill passed the Senate with bipartisan support. Coinciding with this, Donald Trump's family entity, DT Marks DEFI LLC, reportedly reduced its stake in the parent company of stablecoin issuer World Liberty Financial from 60% to 40%, as per the company's legal disclosures. This legislative progress is seen as a major catalyst for mainstream adoption, with reports from the Wall Street Journal indicating that major retailers like Amazon and Walmart are considering their own stablecoins. Further institutional interest is shown by Societe Generale launching a stablecoin on Ethereum (ETH) and Solana (SOL), and Ant Group applying for stablecoin licenses in Asia. The positive sentiment is reflected in the market, with Bitcoin (BTC) trading near $107,655, while Ethereum (ETH) is priced around $2,449 and Solana (SOL) at approximately $149. Investor Paul Tudor Jones also reiterated his belief that Bitcoin should be a part of every investor's portfolio.

According to @cas_abbe, the first Solana exchange-traded fund (ETF) in the United States, the REX-Osprey SOL+Staking ETF, is set to begin trading this week, confirmed by a spokesperson for Osprey Funds. The news initially triggered a 5% jump in the price of Solana (SOL), which was trading around $157 at the time of the report. The launch follows a recent filing by asset manager Rex Shares with the U.S. Securities and Exchange Commission (SEC), suggesting regulatory hurdles have been cleared. This product launch is significant as it precedes the potential approval of several spot SOL ETFs that are also awaiting regulatory decisions.

According to @rovercrc, the cryptocurrency market experienced a significant rally following reports of a ceasefire between Iran and Israel. Bitcoin (BTC) price surged past $106,000 after previously dipping to a low of $98,500. This geopolitical relief triggered a broader market recovery, with major altcoins like Ether (ETH), Solana (SOL), and Cardano (ADA) posting gains of 7% to 10%. Specifically, ETH climbed back above the $2,400 level, while SOL and ADA reclaimed support at $140 and $0.50, respectively. Augustine Fan of SignalPlus noted that while the market may normalize, there are concerns about a potential "bigger shake-out." In contrast, Kay Lu, CEO of HashKey Eco Labs, suggested that Bitcoin's ability to hold above $100,000 demonstrates its "resilience amid geopolitical and macro volatility" and its maturing role as a long-term macro hedge.

According to @lookonchain, Solana (SOL) is experiencing significant price volatility, consolidating between $145 and $150 after a sharp sell-off from a high of $158.54. Despite the retail-driven weakness, strong institutional tailwinds are providing support. Key developments include seven spot Solana ETF issuers submitting updated S-1 filings to the SEC that now feature staking provisions, as noted by Bloomberg's James Seyffart. Additionally, Nasdaq-listed DeFi Development Corp secured a $5 billion equity line of credit to fund additional SOL accumulation for its treasury. Further bolstering institutional confidence, Cantor Fitzgerald initiated 'overweight' ratings on three public companies holding SOL, citing Solana's superior technical performance and developer growth compared to Ethereum. From a technical perspective, SOL faced rejection near the $149 and $155 resistance levels, while establishing support in the $144-$148 range, a zone that has seen continued whale accumulation.

According to @FoxNews, a significant cryptocurrency tax amendment proposed by Senator Cynthia Lummis was not included in the major budget bill that recently passed the U.S. Senate. The proposed changes aimed to rationalize the tax system for digital assets by taxing staking and mining rewards only upon their sale, rather than at acquisition, to avoid what the industry calls unfair double taxation. The amendment also sought to create a tax waiver for small crypto transactions under $300, with a yearly cap of $5,000, to encourage wider adoption by simplifying tax reporting for casual users. The failure of this amendment to advance is a setback for the crypto industry's lobbying efforts for clearer regulations. As this legislative news unfolded, market data indicated minor price pullbacks for major cryptocurrencies, with Ethereum (ETH) trading around $2,440, Solana (SOL) near $148.96, and Cardano (ADA) at approximately $0.5548.

According to @FarsideUK, Bitcoin (BTC) is in a standoff near its all-time highs, trading above $105,500 in a fragile equilibrium between patient long-term holders and an increase in leveraged trading. On-chain data from Glassnode indicates a dominant "HODLing" mentality, with long-term holder supply reaching 14.7 million BTC and the "Liveliness" metric declining, suggesting older coins remain dormant. This patience is met with strong institutional demand, evidenced by $2.2 billion in net inflows to spot BTC ETFs last week and significant corporate acquisitions, such as design firm Figma's $70 million investment in a Bitcoin ETF, according to a recent filing. However, QCP notes a rise in leveraged long positions and positive funding rates, creating a tense market dynamic. Glassnode analysts suggest this equilibrium is unlikely to hold, and the market may need a significant price move to unlock supply, hinting at potential future volatility.

According to @WhiteHouse, a significant legislative effort to ease cryptocurrency taxation in the U.S. has hit a roadblock, as Senator Cynthia Lummis's amendment was not included in the major budget bill passed by the Senate. The proposed changes would have waived capital gains taxes on crypto transactions under $300 and altered the tax treatment of staking and mining rewards to be taxed only upon sale, a move highly anticipated by the industry to reduce perceived double taxation. The failure of this amendment means the current, more complex tax rules remain in effect, potentially impacting trader and investor sentiment. This legislative setback occurs as major cryptocurrencies show negative 24-hour performance, with the provided data showing ETHUSDT down 3.6%, ADAUSDT down 5.4%, and SOLUSDT down 4.7%. The bill now moves to the House of Representatives for further debate.

According to Gregory Mall of Lionsoul Global, Bitcoin's (BTC) recent rally, driven by strong institutional inflows into spot ETFs and optimism around central bank rate cuts, may be setting the stage for an altcoin season. Mall's analysis highlights that Bitcoin dominance has climbed above 54%, a level that has historically preceded periods of altcoin outperformance, with altcoin rallies typically lagging BTC's all-time highs by two to six months. He points to Ethereum's (ETH) recent strength and a resurgence in DeFi, where total value locked (TVL) has surpassed $117 billion according to DeFiLlama, as early signs of a market rotation. Supporting this view, Kevin Tam notes significant institutional accumulation, with Canadian pension funds adding $55 million in spot BTC ETFs and ETF demand last year (500,000 BTC) far exceeding the newly mined supply (164,250 BTC). For traders, this suggests that while Bitcoin led the charge, the next phase of the cycle could see capital rotate into Layer-1s like Solana (SOL) and the broader DeFi ecosystem.

According to @MilkRoadDaily, the crypto market exhibited a starkly uneven performance in the first half of 2025, with the total market cap inching up just 3%. This modest gain was almost entirely supported by Bitcoin (BTC), which climbed 13%. In contrast, major altcoins experienced significant downturns, with Ethereum's ether (ETH) falling 25% and Solana (SOL) shedding 17%. Analysts are divided on the outlook for the second half of the year. LMAX Group's Joel Kruger and Coinbase analysts see potential for renewed upside, citing historically strong July performance, a favorable macroeconomic backdrop with potential Fed rate cuts, and increasing institutional adoption, such as the FHFA ordering Fannie Mae and Freddie Mac to consider crypto in mortgage applications. However, Bitfinex analysts caution that the third quarter is historically the weakest for BTC, suggesting a period of range-bound price action. In other news, spot BTC ETFs have seen 12 consecutive days of net inflows, and SEI token has surged 50% in a week following its selection for Wyoming's state-backed stablecoin pilot.

According to @StockMKTNewz, the real-world asset (RWA) tokenization market has surged 380% in three years to $24 billion, signaling significant institutional adoption from traditional finance. A report from RedStone, Gauntlet, and RWA.xyz highlights this growth, with firms like McKinsey projecting a $2 trillion market and BCG forecasting $16 trillion by 2030. This trend is complemented by the rise of stablecoins, which are enabling a 'streaming economy' concept where instant, low-cost global payments could drastically reduce corporate working capital needs and unlock trillions for new investments. The analysis suggests that as transaction costs on networks like Ethereum Layer 2s fall below $0.01, real-time finance becomes economically viable. Amid this long-term bullish narrative for blockchain utility, current market data shows a short-term downturn, with Ethereum (ETH) trading around $2,411 after a 3.1% drop and Solana (SOL) at approximately $147.69, down 4.2%.

According to @WhiteHouse, the U.S. Senate has passed a major budget bill without including a key amendment from Senator Cynthia Lummis aimed at easing cryptocurrency taxation. The proposed changes would have waived capital gains taxes on crypto transactions under $300 and altered the tax treatment of staking and mining rewards to only be taxed upon their sale, addressing what the industry considers double taxation. The failure of this amendment to be included means the current, less favorable tax rules remain in effect, creating continued regulatory uncertainty for traders and investors. This legislative development occurred as the cryptocurrency market saw a downturn, with major assets like Ethereum (ETH), Cardano (ADA), and Solana (SOL) experiencing significant price drops. For instance, the provided data shows SOLUSDT fell by over 5% and ADAUSDT declined by over 5.4% in 24 hours, highlighting potential market sensitivity to U.S. regulatory news.

According to @rovercrc, Bitcoin's (BTC) current summer lull and low volatility present a unique trading opportunity. A recent note from NYDIG Research highlights that this environment makes both call and put options "relatively inexpensive," offering a cost-effective way for traders to position for potential market-moving events in July. While BTC holds firm above $105,000, several major altcoins are showing signs of profit-taking, with ADAUSDT down over 5.5% and SOLUSDT down over 5.2% based on provided data. Despite this, analysts like Augustine Fan of SignalPlus and Jeffrey Ding of HashKey Group note that underlying market structure is strengthening due to institutional adoption and improving macroeconomic conditions. Kraken economist Thomas Perfumo adds that spot ETFs are absorbing supply faster than anticipated, creating a "virtuous cycle."

According to @phantom, multi-party crypto wallet Safe has launched a new development unit, Safe Labs, to enhance security and attract institutional clients. This strategic shift follows a major hack and aims to address what Safe Labs CEO Rahul Rumalla calls 'cyber warfare' in the crypto space. The new unit will develop a 'V2' wallet and a 'Safe Pro' subscription plan for enterprises, building on Safe's platform which already secures over $60 billion in total value locked (TVL) and processes 10% of all EVM transaction volume. This security-focused development occurs as the market sees increased phishing attacks, such as a recent front-end exploit on a major crypto media website. Concurrently, market data indicates a downturn, with Ethereum (ETH) trading around $2,405, down approximately 3.5%, and Solana (SOL) dropping to about $147.55, a 4.7% decrease.

According to @StockMKTNewz, U.S. Senator Tim Scott has set a new deadline of September 30 for completing the crypto market structure bill, providing a clearer timeline for regulatory clarity. Despite this legislative development, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) falling over 2.5% to trade below $106,000. The source reports that altcoins faced steeper declines, with Ether (ETH), Solana (SOL), and XRP dropping between 5% and 7%. This market downturn is attributed to wider risk-off sentiment fueled by President Trump's warnings of new tariffs and potential geopolitical conflict, according to the report. Weaker economic data, including a softer Producer Price Index and high initial jobless claims, also adds complexity for traders evaluating the Federal Reserve's next move.

According to @rovercrc, the U.S. Securities and Exchange Commission (SEC) has officially approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF). This new ETF provides investors with exposure to a basket of major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP (XRP), and Cardano (ADA), as detailed in the filing. The fund, which holds nearly $755 million in assets under management, is heavily weighted towards Bitcoin, which constitutes about 80% of its holdings. The source notes that this approval allows investors to access the largest digital assets through a single, regulated product. Following this decision, the market will be watching for the SEC's verdict on the conversion of Bitwise's 10 Crypto Index Fund (BITW) into an ETF. Despite the positive regulatory news, market data shows the fund's key altcoin components have experienced recent downturns, with SOLUSDT down 7.3%, ADAUSDT down 7.5%, and XRPUSDT down 5.4% in the last 24 hours.