Here is a summary of today's crypto news, July 7, 2025:
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📌 Main News
1. TON & UAE Visa
TON dropped about 6% after UAE authorities denied claims that staking TON worth $100,000 could secure a golden visa.
2. Bitcoin Stock Strengthens
Large investors (whales) continue to increase their BTC holdings, with prices nearing an all-time high around $112,000.
3. July BTC Analysis
Several analysts from PINTU and Bitwise estimate that BTC could reach $115,000–$136,000 this month, with some estimates going up to $200,000 by the end of the year.
4. Token Unlock Second Week of July
Three major tokens—APT, IMX (Immutable X), and CHEEL—will unlock with a combined value of over $70 million. IMX is scheduled to unlock 124 million tokens (~$10 million) on July 11.
5. Top Gainers & Altcoins
The memecoin BONK rose about 50% in the last 7 days (triggered by leverage ETF speculation).
There are 3 trending memecoins today: America Party (AP) +448%, OpenVision (VISION) +47%.
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📊 Market Snapshot (July 7, 2025)
Bitcoin Price: around $109,000 (+0.9% over 24 hours).
Ethereum: up ~2.1%, trading around $2,564.
Total global crypto market capitalization: approaching $3.36 trillion.
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🔍 Trends & Catalysts This Week
Fund flows into BTC spot ETFs are high, ahead of the "crypto week" meeting in Washington.
Stablecoins are still under scrutiny: J.P. Morgan projects capitalization to only reach $500 billion by 2028—lower than initial predictions.
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