Here is a summary of the latest additional crypto news for July 5, 2025:
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🐋 Whale Activity Heats Up Again
Two Bitcoin wallets that had been dormant since 2011 just moved a total of 20,000 BTC (~$2 billion) to a new wallet, with no indication of selling to exchanges — signaling a possible asset restructuring or long-term preparation.
Even on-chain data shows that seven old wallets moved a total of 70,000 BTC (~$7.6 billion) during the same period, implying a potential shift in whale accumulation to distribution.
Bloomberg reports that whales have released over 500,000 BTC (~$50 billion) throughout the year, but it has almost entirely been absorbed by institutions such as ETFs and asset managers—indicating ecosystem consolidation between old and new investors.
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📉 Market Correction & Macro Sentiment
The crypto market capitalization fell 4.2%, daily trading volume dropped to $97.3 billion, BTC declined ~0.4% to $108,836, and ETH fell 2.1% to $2,547.
Sentiment is moving cautiously ahead of the Fed's decision, macro data, and geopolitical developments. BTC options are beginning to indicate high volatility.
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💹 Bitcoin Technicals
BTC briefly broke through the $110,600 range before correcting to the support level of $108,000–109,300. The short-term structure remains bullish, but intraday momentum shows signs of overbought conditions and potential light retracement to $107,200–108,000.
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🏛 US Regulation: Crypto Week Ahead
The US Congress has designated the week of July 14–18 as "Crypto Week," during which three major bills will be introduced: the CLARITY Act (collaboration between the SEC & CFTC), the Anti-CBDC Surveillance State Act, and the GENIUS Act.
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