š± Cryptocurrencies
Bitcoin ($BTC)
Recently surged past $111,000, reaching a record high around $112,000, before retracing slightly to about $111,100 .
Over $460 million in short positions were liquidated in a wave of leveraged traders caught offāguard .
Technical resistance near $110,500 remains a key battleground, but bulls appear committed to defending key moving averages .
Ethereum (ETH)
Climbed nearly 7%, trading above $2,700 during the recent rally .
ETH also rallied alongside BTC and other major altcoins, benefiting from strong whale buying activity, with over $120 million in ETH purchased by large holders recently .
Current trading sits around $2,650ā$2,700, driven by both retail and institutional demand .
Solana (SOL)
Price volatility remains elevated: ranged between $124ā165 through late June, currently trading near $145ā155 .
SOL experienced an 8% drop, slipping to ~$145 ahead of the launch of the first U.S. staking ETF despite strong institutional interest .
Analyst sentiment is mixed: potential upside to $165ā180 if resistance (~$153ā160) is broken, but RSI signals caution, with a possible dip toward $142.6 on riskāoff sentiment .
Notably, Nvidia tokenized shares began trading on the Solana chain as of early July via xStocks platforms like Kraken and Bybitāmarking a major innovation in equity tokenization .
Dogecoin (DOGE)
DOGE has seen modest gains of ~0.8%ā1% over the past 24āÆhours, trading in the $0.17ā0.18 range .
Weekly performance shows a ~7% gain, with momentum technicals (RSI) remaining bullish .
DOGE is less prominent than BTC, ETH, and SOL, but remains in close watch during the broader market upāturn .
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š§āš¼ Donald Trump ā Key Developments
Diplomacy & Trade
Trump is mediating a border conflict between Cambodia and Thailand, urging an immediate ceasefire and linking ongoing trade negotiations to peaceful resolution .
Ahead of a meeting with EU Commission President von der Leyen, negotiations are advancing to prevent U.S. implementation of 30% tariffs on European goods, potentially replacing them with a reduced 15% tariff framework, effective by August 1 if agreed upon .
He announced that Japan will invest $550āÆbillion in the U.S., in exchange for reduction of auto tariffs from 25% to 15%āthough Japanese officials emphasize terms are still under negotiation and no binding deal yet exists .
Domestic Policy & Controversies
Signed an executive order to regulate NIL (NameāImageāLikeness) policies in college sportsāaimed at ending payāforāplay, securing scholarship protections, and standardizing legal status for studentāathletes .
The U.S. Supreme Court ruled in Trumpās favor, allowing the removal of three Democratic members from the Consumer Product Safety Commission, marking a continued shift toward executive power over independent agencies .
Personal Visit & Symbolic Moves
Recently visited Scotland for a mixed business/diplomatic trip, meeting with UK and EU officials, touring his golf resorts (Turnberry and others), and planning a return for a possible state visit in September .
Delivered controversial remarks on immigration, stating it is "killing Europe," and praised British leaders resisting open-border policies .
Oversaw a redesign of the Rose Garden at the White House, replacing the iconic lawn with a concrete slabāsparking criticism over historic preservation vs functional utility .
Crypto & Governance
Hosted a private dinner in Washington with major stakeholders in his memecoin (ā$Trumpā), raising ethics concerns in recent Capitol Hill inquiries .
He pointed to the Department of Government Efficiency (DOGE, ironically led by Elon Musk earlier in his term) to scrutinize Muskās subsidies, after Musk criticized Trumpās fiscal legislation through posts on X and declared intent to form a new political party .
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ā Summary at a glance
BTC & ETH: Breaking into new highs (~$112āÆK for BTC; ~$2,700+ ETH), driven by whale accumulation and shortāsqueeze dynamics.
SOL: Volatileāwith institutional catalysts like staking ETF and xStocksābut technical resistance near $153ā160 is heavy.
DOGE: Active, modest bullish momentum; still trading in the $0.17ā0.18 band.
Trump: Central to trade diplomacy (Japan, EU), domestic executive power expansion, college sports reform, and controversial cryptoārelated engagements.
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Would you like bullish/bearish technical setups or price outlook projections for any of these cryptos? Also, I can dive deeper into specific Trump policies or events.