🚀 Market Snapshot: Soaring & Surging
Bitcoin $BTC skyrocketed to a new all-time high, trading around $118,000–$118,600, driven by massive ETF inflows (~$1.2 billion in 24 hours), aggressive short squeeze events, and optimism over a potential Fed rate cut and US “Crypto Week” (starting July 14) .
Ethereum $ETH also rallied, rising 6–8%, supported by strong ETH ETF inflows (~$211 million) and interest in staking and smart‑contract adoption .
Other major altcoins—including Solana, $XRP , and Cardano—are seeing technical breakouts and favorable patterns, suggesting possible near-term gains .