The crypto market rallied after U.S. President Trump postponed the proposed 50% tariff on EU imports to July 9, calming investor nerves.
Bitcoin Recovers $BTC bounced 2% to reclaim $110K, reversing losses from last week’s $111,970 high. Its market cap stands at $1.92T with $29B in daily volume.
Altcoins Follow $ETH Ethereum ($1,845), Solana ($150.70), $DOGE coin ($0.18), and Cardano ($0.71) gained 3–4%, fueled by easing macro fears.
Sentiment Flips The delay triggered a relief rally after $500M in liquidations last week. Traders are cautiously buying, anticipating upside potential.
Short Squeeze Setup? Heavy short positions between $111K–$121K could spark a squeeze if BTC climbs further, analysts warn.
Most top holders of the $TRUMP meme coin sold or moved their tokens before Donald Trump’s exclusive crypto dinner, Solscan data shows. Only 8 of the 25 wallets that earned VIP access still held $TRUMP MP the next day.
$TRX on founder Justin Sun and MemeCore retained their full holdings, while others sent tokens to exchanges like Coinbase and Binance. Average holdings dropped from $4.78M to $2.11M, with two wallets now holding the bulk—$37.3M combined.
Those who sold are no longer eligible for the “diamond hand” NFT. The move has raised concerns over “pay-to-play” access, sparking protests and a proposed bill. TRUMP is down 14% in 24 hours, and over 80% from its January high.
$HUMA coin is expected to surge rapidly within the next 24 hours, potentially reaching at least $2. It was distributed in small amounts to all farming users, which contributes to its strong upward momentum. This could be the path that takes HUMA to $2. #BTC