Here are some of the latest news related to crypto today, July 7, 2025, that have not been mentioned:
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🎯 1. Bitcoin Touches US$109k Amid US Tariff Tensions
Bitcoin has once again breached the US$109,000 level, rising approximately +0.8%, driven by market concerns over new US tariffs on BRICS countries effective July 9, as well as inflows into spot ETFs and speculation about a Fed rate cut.
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🏦 2. BTC Spot Demand Declines, Pressure Despite Institutional Buying
According to CoinDesk, institutional purchases—including from Michael Saylor—have not been enough to offset the weakening demand in the spot market, raising concerns about short-term price momentum.
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🚀 3. Stellar & Bonk Show Breakout Patterns
FXStreet analysis notes the potential bullish breakout for Stellar (XLM) and Bonk (BONK) after both assets reversed from resistance levels and showed positive technical configurations.
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🐶 4. Dogecoin Stays Steady Before Potential Surge
The latest prediction from Pintu indicates DOGE is currently in the range of US$0.165–0.177, with significant upside potential to US$0.218–0.232 and a risk of strengthening up to US$0.25 if a breakout occurs.
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💰 5. Pakistan Forms Crypto Council & BTC Reserves
The Pakistan Crypto Council (PCC) has been established to oversee blockchain regulation, and the government has initiated a “Strategic Bitcoin Reserve.” Bilal Bin Saqib serves as the CEO of PCC and as the chief crypto policy advisor for the country.
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🏦 6. Developments in Stablecoin Regulation in the US
The GENIUS Act passed in the US Senate on June 18, 2025. This regulatory package requires stablecoins to have full reserves, audits, and transparency—providing regulatory clarity moving forward.
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📊 7. Weekly Market Analysis: Volatility & Sentiment
According to Saxo Bank, global volatility remains low. In Asia, currencies and equities have weakened somewhat due to tariff tensions, but crypto sentiment remains stable—Bitcoin is solid at US$109k, and BlackRock's IBIT ETF has not moved much.
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