Here is the summary of the latest crypto news today (July 2, 2025):
---
📉 1. Market Correction, “Summer Lull” Continues
The crypto market is correcting, with total capitalization down about 2–3% to ± US$3.4 trillion. About 80–90 of the top 100 assets are in the negative over the last 24 hours.
BTC is stable in the range of US$106,000–107,000, ETH is stable at US$2,400, but there is still no new momentum until US economic data is released.
---
🚀 2. Institutional Sentiment & Bullish Prospects in July
Grayscale has received approval from the SEC for an ETF, opening the potential for large inflows to XRP, SOL, and ADA this month.
Bitwise, a crypto asset manager, projects a BTC rally reaching US$136,000 (+30%) in July, supported by global liquidity and institutional buying.
CoinTelegraph notes that large sell-offs are quickly bought by long-term holders, indicating strong underlying support for potential bullish trends in July.
---
🐋 3. Whale Activity & Token Unlock
ETH whales recorded a net inflow increase of 95%—an indication of significant accumulation.
Large capitalization is also seen in ONDO and LINK tokens with significant whale transactions.
At the beginning of July, there will be a large unlock of tokens worth over US$484 million (ZetaChain, Sui, Ethena, Neon, etc.), which could add liquidity and high volatility.
---
🇮🇩 4. Indonesian Regulators Move Oversight to OJK
As of July 2025, the regulatory authority of crypto in Indonesia has shifted from Bappebti to OJK. OJK has begun issuing licenses and implementing a tax regime for digital assets.
Impact: consumer protection increases, exchange infrastructure becomes more structured – a positive step for long-term adoption in Indonesia.
🔒 5. Scams & Global Risks
Fraud schemes are emerging in Africa (CBEX) and Australia warning the public about crypto scams via ATMs and phishing ahead of major events like Prime Day.
In the physical realm, there has been an increase in crime and kidnapping of high-value crypto asset owners.
As a mitigation measure, it is recommended to use 2FA, cold storage wallets, and to be cautious on unofficial platforms.