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The resilience of Bitcoin seems to be spreading positive signals to the altcoin market, as many cryptocurrencies begin to record stable growth. Among them, Maple Finance (SYRUP) is entering a new breakout phase, with hopes of establishing a historical peak in the coming days.
In parallel, Bitcoin Magazine has also analyzed two other potential altcoins – names that investors should pay special attention to as they approach all-time highs.

Amid a quiet altcoin market, airdrops remain a popular way to diversify investment portfolios. This is an opportunity to access potential projects without initial capital or with very little.
As the second week of July begins, several projects have announced updates related to airdrops. Below is a list of noteworthy names with strong financial backing that you should consider participating in airdrops this week.

U.S. President Donald Trump has sharply criticized Elon Musk in a post on Truth Social yesterday, saying he is “saddened to see Elon Musk completely off track, nearly becoming a political disaster over the past 5 weeks.”
Trump completely rejected the idea of forming a third party, asserting that it “has never succeeded in America” because “the system is not designed for that.” He warned that third parties only bring “chaos and total disorder,” and America “has had enough chaos from the Democrats.”

The native cryptocurrency of The Open Network, Toncoin (TON), has dropped 6% from its highest point in the past 24 hours after UAE regulators denied information that staking TON could open up residency opportunities in the UAE.
On Sunday, the price of TON surged by 10% to $3.03 after The Open Network announced that applicants staking $100,000 of TON for three years would qualify for the UAE golden visa program. However, the value of this coin decreased again after the Emirates News Agency issued a joint statement from several regulatory bodies denying this information.

Recently, Arkham, a well-known blockchain research company, announced information about a Bitcoin transfer worth up to 8.6 billion USD. This event attracted the attention of the global cryptocurrency community as, for the first time in over 14 years, billions of dollars worth of Bitcoin were transferred without any signs of it being sold off. So, is this event truly significant and does it pose a potential risk of having a major impact on the market?

According to data from on-chain analytics platform Glassnode, Bitcoin investors are currently holding approximately $1.2 trillion in unrealized profits. This impressive figure reflects the paper gains that long-term investors have accumulated as Bitcoin continues to trade near record highs.
Changes in the Bitcoin investor base
Data from Glassnode shows that the average unrealized profit of each investor is around 125%, lower than the 180% recorded in March 2024, when the BTC price peaked at $73,000.

Ethereum (ETH) was once the uncontested "king" in the world of DeFi, NFT, and smart contracts, holding a central position in the blockchain ecosystem for years. However, that glory is gradually wavering. Challenges regarding scalability, internal volatility, and the strong rise of competitors like Solana are forcing Ethereum to be more vigilant than ever. So what is really happening? And what future awaits ETH?

Bitcoin (BTC) failed to sustain a close above the psychological $110,000 level – a move that is believed to have triggered a wave of profit-taking from short-term traders, dragging the price back closer to $108,000. According to analyst Daan Crypto Trades, if BTC holds above $110,000, it would be a positive sign. Conversely, a break below $108,000 could deepen the current correction.
Meanwhile, some experts are still hoping for a political catalyst from the US. Specifically, President Donald Trump's Big Beautiful Bill is believed to be able to boost Bitcoin's momentum, helping this coin to conquer its historical peak. Data from Kalshi predicts that the US public debt will surpass $40,000 billion by 2025 - nearly double the $23,200 billion of 2020. In fact, past debt booms have been accompanied by strong price increases for Bitcoin. Typically, at the end of 2020, after Mr. Trump signed the COVID-19 spending package, the price of BTC increased by 38%.

Changpeng Zhao (CZ) – co-founder of the Binance exchange – recently responded to a post on X recalling the Bitcoin forecast of reaching 1 million USD that he made during his visit to Pakistan earlier this year. It seems that CZ still completely believes in that prospect.
But the question is: When will this happen?
CZ reaffirmed the $1 million forecast, but...
In today's latest post, CZ commented under a tweet mentioning his remark that Bitcoin will reach 1,000,000 USD/BTC in this cycle. CZ responded with a rather interesting question – 'Which cycle is this?' – along with a 'smiling with squinting eyes' emoji.

Bitcoin price has risen to 110,500 USD on Thursday but is facing resistance as many bearish divergence signals appear across different time frames.
On the 15-minute, 1-hour, and 4-hour charts, technical analysts have pointed out divergence signals, where price continues to rise while momentum indicators, such as the relative strength index (RSI), are trending downward. This indicates that bullish strength is waning, increasing the risk of a short-term correction.

The crypto market is showing signs of an upcoming altcoin season, with historical patterns and market data signaling a strong potential explosion.
Therefore, investors are considering the right timing to accumulate altcoins.
Market trends reflect previous breakout cycles
Currently, most altcoins have significantly depreciated after corrections, leading the community to believe that the altcoin season has ended. However, history brings hope.

President Donald Trump announced on July 2 that the U.S. has reached a trade agreement with Vietnam, under which goods exported from Vietnam to the U.S. will be subject to a 20% tax, while the U.S. will have access to the Vietnamese market at a 0% tax rate.
According to a post on Truth Social, he stated that Vietnam also agreed to impose a 40% tax on goods originating from other countries but brought to Vietnam for further export to the U.S. — a form known as "transshipping." This is a tactic often attributed to China to evade U.S. taxes.

The first half of 2025 saw a strong breakthrough for BNB Chain, resulting in impressive figures for daily revenue, DEX trading volume, and block processing speed. Although this ecosystem has achieved many significant milestones, the price of BNB has not seen strong growth, which has drawn considerable attention and controversy in the crypto community.
Outstanding performance of BNB Chain

Bitcoin (BTC) reserves on exchanges have dropped below 15%, indicating supply shock as demand from institutional funds like ETFs increases.
The ratio of BTC on exchanges has dropped to its lowest in 7 years
Data from Glassnode shows that the supply ratio of Bitcoin on exchanges has dropped to its lowest in 7 years, around 14.5%, for the first time since August 2018.

BTC ratio on exchanges | Source: Glassnode

Bitcoin Cash (BCH) leads the crypto market rally today. This altcoin has surged 5.6% in the past 24 hours, reaching an 8-month high of $526.7 as of the time of writing.
With technical indicators giving positive signals, BCH's price seems ready to extend its upward trend in the short term.
Bulls control BCH
Data from BCH's BBTrend indicator shows that the upward trend is strengthening, with the indicator currently at 9.4. Thus, it is highly likely that the price will continue to rise in the short term.

As Q2 comes to a close, many leading altcoins are entering a transformative phase with significant developments that could shape performance in Q3. Leading the way is XRP, preparing to deploy the XRPL EVM Sidechain – a milestone expected to create a major breakthrough.
In this context, Bitcoin Magazine has conducted an analysis of prominent altcoins this week to provide insights into their growth potential as July begins.

Although this week is shortened due to an additional holiday in the U.S., there are still many important economic events that could impact the crypto market.
However, instead of being evenly distributed throughout the short week, most U.S. economic indicators are densely concentrated on Tuesday and Thursday — with Thursday being particularly busy.
Traders may anticipate macroeconomic data this week by monitoring the following events.

Last week, the crypto market looked like a gamble.
Meme coins have fluctuated violently as Bitcoin surged strongly from the bottom of $98,000, recording a nearly 10% recovery to reclaim the important resistance level of $107,000. This move has rekindled short-term risk demand, attracting capital flows into speculative investments.
However, sentiment remains shaky as traders continuously rotate between 'risk-on' strategies and standing on the sidelines. Overall, this was a volatile week with localized intensity but lacking clear confirmations across the market.

Bitcoin (BTC) has just made an impressive breakout this week, rising more than 6% and showing strong buying interest around the psychologically important $100,000 level. Bulls are trying to consolidate their advantage by holding prices above $108,000 – a key resistance level. According to a popular analyst Rekt Capital, if Bitcoin sets a new weekly closing high in history, this could mark the beginning of a new uptrend, paving the way for unprecedented highs.