Market Overview - The cryptocurrency market capitalization has decreased by 0.5% to $4.11 trillion, with most of the top 100 coins experiencing declines over the past 24 hours [1][2] - Total crypto trading volume stands at $159 billion [1] Performance of Major Cryptocurrencies - Bitcoin (BTC) is currently trading at $115,864, down 0.5%, while Ethereum (ETH) is at $4,508, down 2.6% [2][3] - Among the top 10 coins, all have shown a decrease, with Dogecoin (DOGE) experiencing the highest drop of 3% [3] Notable Winners and Losers - Binance Coin (BNB) is the only coin showing a slight increase of 0.2% to $931 [4] - Pump.fun (PUMP) has appreciated the most among the top 100 coins, up 6.6% to $0.00834, while Ethena (ENA) and Pudgy Penguins (PENGU) have seen the largest declines of 7.2% and 5.8%, respectively [4] Future Outlook - Tom Lee suggests that Bitcoin and Ethereum could experience significant price movements if the US Federal Reserve announces a rate cut [5] - Analysts expect the Federal Open Market Committee (FOMC) to announce its first rate cut since last year, which could lead to sharp market volatility [6]

Market Overview - The cryptocurrency market capitalization has increased by 1.5% to $4.12 trillion, with 90 of the top 100 coins experiencing gains over the past 24 hours [1] - Total crypto trading volume stands at $168 billion [1] Performance of Major Cryptocurrencies - Bitcoin (BTC) has risen by 1.1%, currently trading at $115,350, marking the smallest increase among the top 10 coins [3] - Ethereum (ETH) is up by 2.3%, trading at $4,548, making it the third-best gainer in the top 10 [3] - Solana (SOL) leads the top performers with a 7.1% increase, now trading at $238 [3] Notable Winners and Losers - Provenance Blockchain (HASH) has seen a significant increase of 29.9%, trading at $0.04028, while Pudgy Penguins (PENGU) is up by 9.6% to $0.03791 [4] - On the downside, MYX Finance (MYX) has dropped by 10% to $15.35, and Worldcoin (WLD) has decreased by 2.8% to $1.71 [4] Institutional Activity - US BTC spot ETFs recorded inflows of $552.78 million, while US ETH ETFs saw inflows of $113.12 million, indicating a rotation of smart money back into BTC [2] - Galaxy Digital has reportedly acquired 2.31 million SOL [2] IPO Highlights - Gemini Space Station's IPO raised $425 million, becoming one of the strongest debuts for a digital asset platform, with the offering being over 20 times oversubscribed [5] Market Sentiment and Trends - The market is entering a volatility contraction phase, with ETH's implied volatility hitting multi-week lows [6] - Despite recent turbulence from US CPI data, both BTC and ETH have shown resilience and increased in value [6]

Binance announced that it will upgrade the label level for four tokens. It will remove the seed label for Bonk (BONK), EigenLayer (EIGEN), ether fi (ETHFI), Pudgy Penguins (PENGU) and Pepe (PEPE) on July 21, 2025.https://t.co/TbCgBnacHa ...