$BTC $ETH $BNB #CPIWatch #BTCWhaleTracker #BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment
🔔 Summary of the 'hot' developments from last night!
Crypto Week in the US officially begins – new policies could cause significant market fluctuations!
💥 Highlights:
Bitcoin surpasses 123,000 USD for the first time, establishing a new historical peak.
PUMP token is listed en masse on major exchanges, market cap stabilizes at 5.6 billion USD.
The 'Fat Penguin' avatar is causing a stir in the crypto world, PENGU price hits a new peak.
Satoshi Nakamoto could become the 10th richest person in the world if Bitcoin continues to rise.
📈 Market Trend:
BTC price stabilizes above the important threshold of 120,000 USD. Capital is trending away from Altcoins to return to major coins and compliant assets. Market sentiment is cautiously optimistic, technical indicators show short-term correction pressure. The influx of capital into stablecoins is increasing, reflecting a demand for risk hedging. Investors are focusing on compliance, projects with real yields, and enhancing risk management awareness.
🔥 Quick investment news in 24 hours:
1️⃣ The PUMP team "dripped" only 4 million USD into initial liquidity, but the price remains stable, market cap reaches 5.6 billion USD.
2️⃣ Token #HYPE continuously hits peaks, approaching 50 USD – the funding rate indicates strong bullish sentiment.
3️⃣ "Crypto Week" brings significant macro impacts: The CLARITY Act will be voted on Wednesday, the GENIUS Act on Thursday morning.
4️⃣ Crypto sector stocks in the US continue to heat up: Coinbase's market cap surpasses 100 billion USD, up 59.76% since June.
5️⃣ Two taboos in a bull market: Peak prices and hedging! Abraxas Capital Fund is losing over 107 million USD from its short position.
6️⃣ One side buys "frenziedly", the other takes profits at the right time: SharpLink Gaming surpasses Ethereum Foundation to become the largest ETH holder – its stock is closely linked to ETH, increasing market heat.
7️⃣ Matrixport: Bitcoin reaches a peak due to multiple factors at once, extremely favorable macro environment supports upward trends.
8️⃣ "In a bull market, if you don't buy more, you should sell": The Kingdom of Bhutan sold 512.84 BTC in nearly 4 days, raising nearly 59.5 million USD.
9️⃣ On-chain project #Base shows signs of unusual activity! Coinbase is testing a wallet integrated with social networks, AI, and Mini App.
🔟 Two notable TGE projects:
- Project #Linea announced that tokenomics will be revealed at the end of July, no TGE has been organized yet.
- Project #Plasma announced a public sale of XPL token at 21:00 on July 17.
