
Today's Crypto Market Update
Here is a summary of today’s Crypto Market Update (July 11, 2025):
📈 Market Highlights
Bitcoin $BTC - trading around $117,444, up ~4.1% with intraday highs reaching the $118k+ range as it sets another all-time high.
Ethereum $ETH - sits near $2,969, posting gains of ~5.6% and briefly breaking above $3,000.
Overall Market Cap: Near $3.7 trillion.
99 of the top 100 coins are in profit today.
🚀 Altcouns Performance
$XRP – Around $2.80, up +12% due to ETF rumors and strong payment network usage.
$ENA – Around $0.35, up +14%, driven by rising interest in ETH-based yield tokens.
$DOGE – About $0.205, up +11%, boosted by meme coin hype.
$ARB (Arbitrum) – Near $0.42, up ~15%, gaining from Ethereum Layer-2 momentum.
$WLD (Worldcoin) – Around $1.10, up 13–16%, supported by renewed attention to identity-focused projects.
$HUMA – Around $0.042, up +10–29%, riding short-term token demand.
Solana $SOL – ~$163, up ~2.8%, riding Bitcoin’s bullish trend.
Chainlink $LINK – ~$15.65, up +7%, due to increasing use in DeFi oracles.
$SUI – ~$3.50, up ~3–10%, gaining from high-speed blockchain adoption.
$ALGO – ~$0.23, up ~15%, as ecosystem updates attract interest.
$LTC (Litecoin) – ~$96, up ~5%, general market support.
$BNB – ~$694, up ~3%, stable growth from Binance network activity.
$BGB (Bitget Token) – ~$4.50, up ~1–2%, consolidating after a previous rally.
$VIRTUAL – ~$1.80, up 7–15%, driven by protocol use.
$ADA (Cardano) – No major update, price expected in mild green zone.
$ONDO - rising steadily (~$0.91, +5–8%) due to growing interest in real-world asset tokenization.
$SHIB SHIBA INU - (~$0.00001366, +7.5%) is slightly up, supported by general meme coin hype.
$MKR (Maker) - slightly down (~$1,963, −1.6%) but remains a solid DeFi governance token with long-term strength.
🔥 Why is the Market Up?
1. Big ETF Inflows: Over $1 billion flowed into Bitcoin $BTC ETFs yesterday.
2. Short Squeeze: A massive $1.01 billion in short positions were liquidated.
3. “Crypto Week” in Washington: New U.S. crypto laws expected → boosting investor confidence.
4. Ethereum $ETH Demand Rising: Wall Street is now focusing on $ETH products like staking.
⚠️ Risks & Concerns
EU Warning: European regulator warns crypto firms not to mislead customers.
Binance Controversy: Accused of secretly helping a political crypto project (linked to Trump).
Big Options Expiry: Today, $4.3B $BTC and $710M $ETH contracts expire → could cause volatility.
🔮 Outlook
$BTC may go toward $130K if momentum continues.
$ETH and altcoins could follow if positive sentiment remains.
Watch for political/regulatory developments in the U.S. and EU.

So this week i didn't have neither the material nor the time to cook a proper gn tweet
However, here it's a summary of things i'll be looking into this week
1) Weak L1s
Two main events on the plate:
- ADA $100m dump (afaik, still to happen, but not up to date), with CH wanting to bring more stablecoins and BTC onchain and dumping ADA for it (henlo @PurritoGeneral BAT-ADA signal, gib update);
- S airdrop, randomly bw 15th and 22nd July
Both interesting trades imo as i don't see the buy pressure coming up to prop them, especially after S got listed on Coinbase in advance and already pumped for it, unless AC has some surprise (i think not).
2) USDf
Here it's just depeg bera stimulating material as there's not really a liquid way to take a position on this, unless you do some proper dd and think you can identify what DWF is running basis/carry on, in that case it's possible that they'll have to unwind to def the peg a bit, and as we all know (and Indian regulators recently find out Jane Street knew too), derivs are more liquid than spot.
TRUMP is one of the things they accept, but funding has been so oscillating that i doubt they'd have a big position. Anyway, it's a shitty token so i'm (still) short regardless of the situation, hope advisors longing it are enjoying the red bath.
Don't think there's much to do about USDf in general however.
3) Depression Launches into Green Rips
As mentioned in the quoted tweet, it's time to really pay attention to token launches that insta nuke, because some of them, especially when the team is well funded, consolidate a bit then have some p nice pumps. We saw H already (yay) and today we have another one that imo is going to pull not something as impressive but maybe back to ATH before unlocks.
Not all tokens have what it takes (mainly money) to pull this one trick, so while H was a prime candidate as mentioned, others are not AS GOOD AS (afaik).
4) Polymarket, Suits and PredictionFi
I don't think even this one instance is going to change anything, we already had such issues in the past (US Shutdown, anyone??) and it always ended up in the same way, people forget, and in two months we're back at square one. We'll see if this time is different, however, given that a change could, sooner or later, happen, i think it's better to refocus beta searching around Polymarket excluding UMA (on the other hand, it'd be a funny scenario if this actually triggered people to try to capture the value linked to manipulating results, but it'll never happen).
FLIPR not doing so bad, DKING down the drain for now.
P.S: it's not a suit, but credible sources DID indeed say it's a suit.
5) Launchcoin's crossroad
I've seen an interesting take on the TL today, about Believe/Launchcoin and betting on people instead of projects. Imo this is not so wrong, actually more right than wrong, however, just because somebody has a strong background, it doesn't mean they aren't griefers.
Crypto is full of well dressed grifters with shiny Web 2 backgrounds. Heck, we even have the POTUS griefing.
That said, Believe is kinda at its central moment imo, this is literally the crossroad between a turn around and becoming the next ai16z.
Right now the latter seems more likely, but it's true that there's a lot a lot of negative sentiment towards it, found nobody defending the token today.
6) Yields, Stablecoins, Funding Farming and DN
Boros launch is getting closer and one of my favorite corner of yield revenue is going to predictably dry up a bit more as the related trades become much more accessible. But all of this is good for Pendle.
Until now though, stablecoin-related bets on the back of CRCL's outperformance have been quite a let down. Sure SKY/MKR didn't do THAT bad, but it didn't do well either, and it actually didn't even particularly outperform anything else.
Slow market reaction? Seems more like market exhaustion, with the sole bid for crypto related stuff coming from tradfi, either in the form of wrapped more expensive BTC (CTCs) or in the form of ETFs, or finally shitcoin CTCs (as if we didn't have enough ways to burn money in crypto).
Anyway, i didn't lose my hope, and i'm polishing my bags in this corner a bit.
Re: DN, shoutout to @ggmxbt interested to see how it'll play out as their paper numbers are quite good.
There are other things (Jupiter x Fluid, Ekubo and Nile numbers etc...) that have no definite deadline/date so i'm taking it chiller, but anyway suggest to keep yourselves up to date.
Maker社群媒體數據
過去 24 小時,Maker社群媒體情緒分數是 3.7,社群媒體上對Maker價格走勢偏向 看漲。Maker社群媒體得分是 430,349,在所有加密貨幣中排名第 28。
根據 LunarCrush 統計,過去 24 小時,社群媒體共提及加密貨幣 1,058,120 次,其中Maker被提及次數佔比 0.04%,在所有加密貨幣中排名第 67。
過去 24 小時,共有 1,028 個獨立用戶談論了Maker,總共提及Maker 384 次,然而,與前一天相比,獨立用戶數 增加 了 45%,總提及次數增加。
Twitter 上,過去 24 小時共有 15 篇推文提及Maker,其中 53% 看漲Maker,27% 篇推文看跌Maker,而 20% 則對Maker保持中立。
在 Reddit 上,最近 24 小時共有 12 篇貼文提到了Maker,相比之前 24 小時總提及次數 減少 了 54%。
社群媒體資訊概況
3.7