Published by cryptonews24.eu | Market data as of approximately 08:00 UTC

Market Overview

Top Coins at a Glance

Note: WhiteBIT Coin (WBT) and Hyperliquid (HYPE) have climbed into the Top 10 cryptocurrencies by market capitalization this cycle, replacing some of the more traditional names in several market rankings.

Market Analysis

Bitcoin is beginning the week on solid footing, trading comfortably above $65,000 and heading toward a fourth consecutive weekly gain after fluctuating between $63,700 and $65,500 over recent sessions. The move has come despite approximately $465 million in net outflows from U.S. Spot Bitcoin ETFs over the final two trading days of last week, ending a seven-session inflow streak.

Analysts generally view the ETF outflows as a result of leveraged long-position liquidations rather than broad investor capitulation, with long positions accounting for the majority of forced liquidations.

Meanwhile, macroeconomic conditions continue to provide support. U.S. liquidity has expanded in recent weeks as the Federal Reserve’s reverse repo facility has largely been depleted, a development many market participants believe is helping channel capital toward risk assets such as cryptocurrencies. Investors are now looking ahead to the July U.S. CPI report, scheduled for August 12, which could shape expectations for future Federal Reserve policy.

Ethereum is outperforming the broader market, gaining more than 4% during the session and over 6% during the past week after moving above its 100-day moving average — a widely watched bullish technical signal. XRP continues to consolidate near $1.10, while DeFi-related tokens such as AAVE and ONDO have posted some of the strongest gains among major altcoins.

Overall sentiment remains balanced. While technical indicators have improved considerably, investors continue monitoring ETF flows, macroeconomic developments and regulatory progress before committing to a stronger directional move.

Latest News

• Bitcoin ETFs record $465M in outflows — Bitcoin.com
  Spot Bitcoin ETFs experienced two consecutive days of net outflows despite improving liquidity conditions, suggesting profit-taking and leverage reduction rather than widespread investor selling.
• Galaxy Research lowers CLARITY Act approval odds — Bitcoin.com
  Analysts reduced the probability of the crypto market-structure bill becoming law in 2026 following ongoing political disagreements.
• Sberbank expands crypto infrastructure — PANews
  Russia’s largest bank plans to launch additional crypto custody and trading infrastructure before the end of the year.
• World Foundation completes $52.5M funding round — CoinGecko
  The organization behind World Network secured strategic financing led by Pantera Capital while celebrating the project’s third anniversary.

Bottom Line

Crypto markets continue to demonstrate resilience, with Bitcoin maintaining support above $65,000 and Ethereum extending its recent technical breakout. Although ETF outflows and regulatory uncertainty remain short-term headwinds, improving liquidity conditions and steady institutional interest continue to support the broader market. Investors are now turning their attention to upcoming U.S. inflation data, which may provide the next major catalyst for digital asset prices.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.

Sources: CoinGecko, Bitcoin.com, FXStreet, CFGI.io, PANews

Bitcoin (BTC)

Bitcoin is trading around $87,700–$87,900, posting a slight daily gain of approximately +0.4%–0.5%. Despite several attempts in recent weeks, BTC has struggled to break above the key $90,000 resistance level.
Market dominance remains strong at around 59%, reflecting continued institutional confidence. Analysts note that expectations of potential rate cuts and ongoing structural developments in the crypto sector could set the stage for a stronger 2026.

Ethereum (ETH)

Ethereum is holding steady near $2,930–$2,940, showing mild intraday upside of roughly +0.3%. The Ethereum network has seen successful upgrades throughout 2025, supporting increased activity in DeFi and staking. However, compared to BTC, ETH and most altcoins have underperformed in recent months as retail participation remains muted.

Altcoins & Market Sentiment

Market sentiment continues to lean cautious, with the Crypto Fear & Greed Index remaining in the Fear zone — and occasionally dipping toward Extreme Fear — as subdued volume exaggerates short-term price fluctuations.

While a few tokens such as Gas have shown notable strength with double-digit daily gains, the broader altcoin sector delivered mixed performance, with a significant portion of top-ranked coins trading in the red in recent sessions.

Looking Ahead

Institutional research reports — including recent outlooks from leading exchanges — highlight growing optimism for 2026, driven by:

• the expansion of perpetual futures markets,

• increased stablecoin utility,

• regulatory clarity in key regions,

• and gradual mainstream adoption of blockchain applications.

Holiday-period slowdowns are typical for crypto markets, and many analysts view the current sideways consolidation as a healthy pause before potential volatility and directional movement in early January.

Stay tuned for more updates — the crypto space never sleeps.
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