Bitcoin (BTC) dropped ~1–1.4%, now trading around $107–108K after briefly reaching $110K+ following strong June jobs data.
Ethereum (ETH) slid ~2–3%, currently near $2,480–2,510, with volume also pulling.
Solana (SOL) is down ~2–3%, trading in the $145–150 range.
❗ Why the Dip Today?
Profit-taking after job data rally
Positive U.S. jobs report briefly pushed prices higher, but traders locked in Resurgent trade tensions
U.S. announcements about potential tariffs (10–70%) ahead of the July 9 deadline spooked markets globally Whale selling adds pressure
Large “Satoshi-era” holders have moved billions in BTC, and this increase in supply sparked concern Diminished hopes for Fed rate cut
With inflation and trade risks rising, markets are lowering expectations for an imminent Fed interest rate cut
🧭 What to Watch Next
Trade policy updates around the July 9 deadline—tariffs or relief could swing risk assets.Fed guidance & macro data—inflation figures or rate signals may impact sentiment.Crypto ETF flows—record spot‑BTC and ETH ETF inflows could cushion downside.
✅ Bottom Line
Today’s pullback reflects a classic risk‑off reaction: profit‑taking, geopolitical jitters, and big holders selling off. That said, fundamentals like jobs data and ETF momentum remain supportive. Watch for macro policy shifts and whale behavior to guide the next move.
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