2025-07-11 Friday Blockchain Daily
1. Bitcoin sets a new historical high, breaking $113,000 for the first time. Market bullish sentiment is high, driving open interest to new highs, with corporate treasuries and policy expectations becoming the main driving forces.
2. Despite the increase in BTC, its market share dropped from 65% to 61% within a week, marking two consecutive weeks of decline, attributed to the onset of the altcoin season.
3. Bitcoin mining company Bit Mining announced a currency exchange strategy, selling BTC to switch to Solana, resulting in a stock price surge of 350%.
4. Coinbase partners with Copper to launch institutional-grade clearing services, allowing large funds to complete transactions without transferring to an exchange. The use of USDC for clearing indicates a continued increase in institutional demand for crypto assets.