Here is the latest crypto news today (July 4, 2025):
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🔔 Key Summary:
1. Total crypto market capitalization fell by about 2.9% in the last 24 hours, although Bitcoin remains relatively stable (+0.5%) and Ethereum rose (+0.7%).
2. Large fund flows into Bitcoin spot ETFs in the US: an additional USD 1 billion in the last two days, bringing total inflows close to USD 50 billion.
3. The US Senate has designated the week of July 14–18 as "Crypto Week," which will discuss several important bills related to crypto regulation such as the GENIUS Stablecoin Act.
4. Bearish pressure on altcoins remains high; analysts mention it is not yet time for an "altcoin season" due to Bitcoin's strong dominance.
5. Security vulnerability in ICP (Internet Computer): fake wallet extension related to Russian-speaking hackers caused ICP to fall below support of USD 5.
6. The global macro backdrop affects crypto: concerns regarding US import tariffs and debtors also influence crypto market sentiment.
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📉 Current Price Movement:
Bitcoin is trading steadily in the range of USD 109,000–110,300, +0.5% in the last 24 hours.
Ethereum is around USD 2,570–2,601, rising about +0.7%.
ICP fell below USD 5 after issues related to fake wallet malware attacks.
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🗓 Upcoming Agenda & Sentiment:
The "Crypto Week" (July 14–18) in the US House of Representatives is seen as a significant momentum to push for federal crypto regulation.
Bitcoin's price movement approaching record highs: some analysts believe macro factors—such as US debt & inflation—are driving Bitcoin as a hedge asset.
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