#Crypto On July 9, 2025, the crypto market is showing mixed signals. The total market capitalization has fallen 2.4% to $3.44 trillion, with trading volume at $82.5 billion, one of the lowest levels recently observed. Despite this, 95 of the top 100 coins by market cap have appreciated over the past 24 hours. Bitcoin ($BTC is up 0.4%, trading at $108,812, while Ethereum ($ETH leads the top 10 with a 3.1% increase, trading at $2,629. $XRP also saw a 3% rise, reaching $2.33. Market sentiment remains neutral, with the Fear and Greed Index at 52, indicating indecision among investors.
Key developments include South Korea’s move to reclassify crypto trading and brokerage firms as “venture companies,” potentially granting them access to government subsidies and tax incentives. In the U.S., BTC spot ETFs recorded inflows of $80.08 million, with BlackRock leading at $66.81 million, while ETH ETFs saw inflows of $46.63 million. Additionally, Nasdaq-listed GameSquare announced a $100 million Ethereum-based treasury strategy, signaling growing institutional interest. Investors are closely monitoring global trade and tariff developments, particularly in the U.S., which could influence market movements.