Here is a summary of cryptocurrency news today (July 4, 2025):
---
🔹 Legislation & Policy
**"One Big Beautiful Bill Act" (OBBBA)** was officially signed by the US President on July 4, 2025. Its impact is significant for the blockchain and crypto sector, as it includes complex fiscal and tax changes—potentially a double-edged sword for the Web3 industry.
On Capitol Hill, the 'Crypto Week' will take place for a week starting July 14, discussing important bills such as the CLARITY Act, Anti-CBDC Surveillance State Act, and GENIUS Act.
🔹 Technical & Market Developments
Bitcoin surged, touching the ~$110K–$110,000–$110,000 range today, driven by technical breakouts and new ETF prospects. Market sentiment shows a high level of "Greed."
Ethereum (ETH) stabilized around $2,598 after a ~10% rebound from the low level on July 2.
🔹 New Initiatives in Exchange & Listing
Bitget started listing Memecore (M) tokens for spot trading since July 3, and opened withdrawals on July 4 at 11:00 UTC.
Binance announced the delisting of five tokens—ALPHA, BSW, KMD, LEVER, and LTO—effective July 4.
Binance also changed the collateral rates for 11 crypto assets starting today, in order to manage leverage and market stability.
🔹 Industry Dynamics
JP Morgan lowered its stablecoin growth estimate—only about $500 billion by 2028, not $4 trillion as previously thought. The reason: limited use in real payments plus still fragmented regulations.
Strategic shift: crypto is now more accepted as a long-term wealth accumulation tool, not just quick speculation. Traditional investors are starting to embrace this asset, marking the sector's maturity.
---
