The crypto market is facing a notable correction today, with 90 of the top 100 coins trading in the red. Overall market capitalization has slipped by 3.2% to $3.41 trillion, while 24h trading volume hovers around $90.9 billion. Despite the downturn, Bitcoin (BTC) remains relatively stable, down just 0.9% at $106,974, after notching its highest monthly close in June at $107,171.
Only three of the top 10 coins are in the green today, and just one has posted a meaningful gain highlighting the market’s broad consolidation phase. Yet behind the scenes, institutional interest continues to climb. MicroStrategy now branded as Strategy added 4,980 BTC, while Metaplanet accumulated another 1,005 BTC, reinforcing long-term bullish conviction.#DYMBinanceHODL
Meanwhile, Robinhood’s expansion into the EU, utilizing Arbitrum to offer tokenized U.S. stocks and crypto futures with up to 3x leverage, signals the growing integration between traditional finance and blockchain infrastructure.
Amidst all this, Blum is quietly reshaping the retail crypto landscape. With over 90 million users, Blum’s move toward Telegram Mini Apps is changing how brokers and users interact making trading more intuitive and social. This strategic pivot could soon attract institutional backing and regulatory attention, particularly as user adoption deepens.#BlumAirdrop
Blum’s growing visibility is also being recognized through CEX listings (BingX), providing broader access to its ecosystem. As trading habits evolve, Blum’s user-first approach might mark the beginning of a new wave of accessible crypto engagement especially for a generation native to platforms like Telegram.#Binance
Interestingly, while the crypto market sees a minor setback, U.S. equities are gaining ground, likely supported by optimism around trade agreements and the potential for Fed rate cuts. The S&P 500 rose by 0.52%, the Nasdaq-100 by 0.64%, and the Dow Jones by 0.63% as of Monday’s close.