BTC held $105,500, consolidating near critical inflection after rebounding from $100K.
ETH stayed steady at $3,500, while SOL and BNB dipped 1–2%, showing selective rotation into majors.
Spot volumes up 22.6% to $14.1 billion, signaling improving market participation and liquidity. Futures open interest fell 2.6%, confirming ongoing deleveraging and cleaner positioning.
ETF demand remains mixed, but spot accumulation is picking up, led by Strive’s $162 million BTC purchase, Strategy’s $50 million BTC addition, and Bitmine’s 34% increase in ETH holdings.
Macro backdrop stabilizes: U.S. government reopens, tariff deals progress, and Treasury offers clarity on crypto staking regulation.
Momentum building, but upside capped near $108.5K–$111K unless inflows accelerate.
MiCA's full enforcement on July 1 reshuffled stablecoin routing. Robinhood's Arbitrum bet is the clearest signal yet that enterprise procurement—not retail volume—is now what determines which L2s capture institutional flows.
The move lands months after Indonesia shifted crypto oversight from its commodities regulator to the OJK, tightening the compliance bar for new entrants.
Expansion of the Stock+ platform gives global users direct access to listed options on US equities, adding long call and long put strategies alongside existing crypto and CFD markets
