Bitcoin is holding around $118.3K, with institutional support remaining strong despite short-term consolidation. Spot ETFs now hold over $55B, and BlackRock’s IBIT just crossed $80B AUM, signaling continued long-term interest. Ethereum is up ~55% in July, showing strength with ETF optimism and steady on-chain growth. Analysts see altcoin season emerging, as nearly half of the top 50 tokens are now outperforming BTC. Among trending altcoins, $SUI stands out, trading near $3.75, backed by a growing $2.2B in TVL and surging ecosystem activity. $HYPE (Hyperliquid) is gaining momentum too, driven by early traction in the DeFi space.
Newly listed DEBT/USDT on BingX made a clean +100% move shortly after launch. Entered at $0.0088, it rallied to $0.0189 within 4 hours and is now holding above $0.016 with ~979K in volume, no major dump, just structured movement and early buyer interest.
In a market leaning bullish on altcoins, tokens like DEBT that launch with volume and stable structure could gain more attention as liquidity rotates beyond BTC.
