Cryptocurrency Market Performance
Currently, the total cryptocurrency market capitalization is $3.32 trillion, with BTC accounting for 64.6%, at $2.14 trillion.Stablecoin market capitalization is $255.3 billion, with a 7-day increase of 0.83%, of which USDT accounts for 62.45%.
This week, BTC's price has been range-bound, currently at $107,945; ETH is also range-bound, currently at $2,512.
CoinMarketCap Among the top 200 projects, most are rising with some declining, including: PENGU with a 7-day increase of 49.38%, BONK with a 7-day increase of 27.73%, PLUME with a 7-day increase of 36.98%, MOODENG with a 7-day increase of 31.39%.
This week, US Bitcoin spot ETF net inflow: $770 million; US Ethereum spot ETF net inflow: $219.6 million.
The "Fear & Greed Index" on July 4th was 68 (higher than last week), with market sentiment: 2 days neutral, 5 days greedy.
Market Forecast:
This week, stablecoins continued to be issued, with net inflows for US Bitcoin and Ethereum spot ETFs. BTC and ETH are both range-bound. The RSI index is 47.21, showing neutrality. The Fear & Greed Index is mainly greedy. This week, the US passed the "Big Beautiful Bill" for tax cuts and spending, and June non-farm data was better than market expectations. The probability of the Federal Reserve maintaining interest rates in July is 78.8%.
BTC's price is expected to be in the range of $106,000-$111,000 next week. Attention should be paid to the US tariff agreement on July 9th, which will be a key event of the summer. Currently, it seems that the impact on crypto will not be higher than February, but caution is advised.The wave of US stock tokenization is in full swing, with Hotcoin already launching this section.
(The rest of the translation follows the same approach, maintaining the structure and translating all text while preserving any specific terms or names as specified in the initial instructions.)According to statistics, from June 30 to July 4,US Bitcoin Spot ETF net inflow: $770 million; as of July 4, GBTC (Grayscale) has a total outflow of $23.288 billion, currently holding $20.146 billion, IBIT (BlackRock) currently holding $76.297 billion. The total market value of US Bitcoin Spot ETFs is: $138.086 billion.
US Ethereum Spot ETF net inflow: $219.6 million.
Anticipating the Future
Event Announcements
1. Bitcoin Asia 2025 will be held from August 28 to 29 at the Hong Kong Convention and Exhibition Centre;
2. WebX Asia 2025 will be held from August 25 to 26, 2025 in Tokyo, Japan;
3. TOKEN2049 Singapore 2025 will be held from October 1 to 2, 2025 in Singapore.
Project Progress
1. Aethir Edge Token Economics 2.0 will go live on July 13, introducing a staking-driven reward mechanism where users need to stake ATH to participate in rewards, divided into Bronze, Silver, and Gold tiers, with a maximum reward of 240 ATH/day.
Important Events
1. Tariff negotiations between the US and EU extended to July 9;
2. July 8, 12:30, Australian Central Bank Interest Rate Decision;
3. July 9, 9:30, China June CPI Year-on-Year Rate;
4. July 9, 10:00, New Zealand Central Bank Interest Rate Decision;
5. July 10, 20:30, US Initial Jobless Claims for the week ending July 5 (in ten thousands).
Token Unlocks
1. EigenLayer (EIGEN) will unlock 1.29 million tokens on July 9, valued at approximately $1.45 million, representing 0.41% of circulating supply;
2. IOTA (IOTA) will unlock 15.19 million tokens on July 9, valued at $2.37 million, representing 0.39% of circulating supply;
3. Movement (MOVE) will unlock 50 million tokens on July 9, valued at approximately $8.09 million, representing 1.92% of circulating supply;
4. Immutable (IMX) will unlock 24.25 million tokens on July 11, valued at approximately $10.55 million, representing 1.31% of circulating supply;
5. Optimism (OP) will unlock 4.47 million tokens on July 11, valued at approximately $2.40 million, representing 0.26% of circulating supply;
6. Aptos (APT) will unlock 11.31 million tokens on July 12, valued at approximately $49.99 million, representing 1.75% of circulating supply.
About Us
Hotcoin Research, as the core research and investment hub of the Hotcoin ecosystem, focuses on providing professional in-depth analysis and forward-looking insights for global crypto asset investors. We build a three-in-one service system of "trend judgment + value mining + real-time tracking", offering precise market interpretation and practical strategies for investors of different levels through comprehensive analysis of crypto industry trends, multi-dimensional assessment of potential projects, all-weather market fluctuation monitoring, combined with bi-weekly "Hotcoin Strict Selection" strategy live broadcasts and daily "Blockchain Today's Headlines" news updates. Leveraging cutting-edge data analysis models and industry resource networks, we continuously empower new investors to establish cognitive frameworks and help professional institutions capture alpha returns, jointly seizing value growth opportunities in the Web3 era.
Risk Warning
The cryptocurrency market is highly volatile, and investment inherently carries risks. We strongly recommend that investors invest only after fully understanding these risks and within a strict risk management framework to ensure capital safety.
Website：https://lite.hotcoingex.cc/r/Hotcoinresearch
Mail：labs@hotcoin.com
