🔐 CRYPTO REPORT — July 1, 2026 (Page 1/2)
🌐 MARKET OVERVIEW
$BTC fell to $57,742, its lowest level since September 2024, briefly breaking below the 200-week moving average before recovering toward $60,000 after Fed Chair Warsh said inflation risks had eased. White House adviser Kevin Hassett called further rate hikes a mistake, while Trump and Vance expressed optimism over Iran talks.
MiCA's transition period officially ended, putting more than 3,000 unlicensed crypto firms across Europe at risk of suspension. Crédit Agricole launched the EURXT euro-backed stablecoin. Crypto companies spent a record $189M on the 2026 U.S. midterm elections, while Trump disclosed earning more than $500M from World Liberty Financial token sales.
U.S. manufacturing slowed in June as the ISM index fell from 54.0 to 53.3, below expectations. China's top diplomat also urged the U.S. to handle Taiwan with "maximum caution."
₿ BITCOIN
BTC rebounded after hitting a 21-month low, but on-chain indicators remain weak. Exchange inflows climbed to 122K BTC, well above the yearly average. SOPR remains below 1.0, while spot demand has stayed negative for 208 consecutive days. A confirmed recovery will likely require those indicators to reverse.
🔷 ETHEREUM & ALTCOINS
ETH continues to trade sideways as EthLabs launches ahead of the Glamsterdam upgrade. AAVE gained about 20% over the past week and recorded its strongest new wallet growth in nearly five years. XRP and HYPE ETFs are attracting part of the capital leaving BTC and $ETH funds.
🌐 MARKET OVERVIEW
$BTC fell to $57,742, its lowest level since September 2024, briefly breaking below the 200-week moving average before recovering toward $60,000 after Fed Chair Warsh said inflation risks had eased. White House adviser Kevin Hassett called further rate hikes a mistake, while Trump and Vance expressed optimism over Iran talks.
MiCA's transition period officially ended, putting more than 3,000 unlicensed crypto firms across Europe at risk of suspension. Crédit Agricole launched the EURXT euro-backed stablecoin. Crypto companies spent a record $189M on the 2026 U.S. midterm elections, while Trump disclosed earning more than $500M from World Liberty Financial token sales.
U.S. manufacturing slowed in June as the ISM index fell from 54.0 to 53.3, below expectations. China's top diplomat also urged the U.S. to handle Taiwan with "maximum caution."
₿ BITCOIN
BTC rebounded after hitting a 21-month low, but on-chain indicators remain weak. Exchange inflows climbed to 122K BTC, well above the yearly average. SOPR remains below 1.0, while spot demand has stayed negative for 208 consecutive days. A confirmed recovery will likely require those indicators to reverse.
🔷 ETHEREUM & ALTCOINS
ETH continues to trade sideways as EthLabs launches ahead of the Glamsterdam upgrade. AAVE gained about 20% over the past week and recorded its strongest new wallet growth in nearly five years. XRP and HYPE ETFs are attracting part of the capital leaving BTC and $ETH funds.