📈 Crypto Market Update – July 9, 2025
The market climbed +0.99% in 24h, hitting $3.41T cap with neutral sentiment (FGI 52). Here's what’s driving the move 👇
🔥 Top Catalysts:
1️⃣ $ETH Ecosystem Boom – Corporate treasuries (like SharpLink’s $19M buy) and upgrades push ETH dominance to 9.41%
2️⃣ Institutional Action – Ripple seeks a federal bank license 🏦, while Truth Social files for a BTC/ETH ETF
3️⃣ Macro Relief – Trump’s tariff letter cooled global tensions, boosting crypto, gold, and S&P 🚀
💥 Leverage Watch: Open interest up 11% as traders chase volatility (Aevo 1000x tokens!), but beware SPX6900 dumps 👀
📊 BTC dominance at 64.13% signals caution. ETH eyes $2.5K support… before Aug 1 Trump tariff deadline?
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