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The cryptocurrency market extended its recovery over the weekend, with Bitcoin climbing back toward the $63,000 level while several altcoins posted mixed performances. Among the standout movers, LAB stole the spotlight after soaring 80 percent in a single day, while Cardano continued its impressive rebound.

Bitcoin Extends Recovery

After enduring a difficult June that saw the leading cryptocurrency lose more than 20 percent of its value, Bitcoin entered July under renewed pressure. The asset briefly fell below $58,000, marking its lowest level in years before buyers stepped in to reverse the decline.

The rebound gathered pace as Bitcoin quickly reclaimed the $60,000 mark. Although the rally briefly paused with a dip below that level, bullish momentum returned as easing ETF outflows and renewed investor demand helped lift prices higher.

Bitcoin advanced past $62,000 before reaching an intraday high of around $63,400 on Saturday. While the rally encountered resistance near that level, the asset continues to trade close to $63,000, representing a weekly gain of nearly 5 percent.

Its market capitalization has climbed to approximately $1.26 trillion, while its share of the overall cryptocurrency market remains below 57 percent.

LAB Leads the Altcoin Rally

Performance across the major altcoins was mixed during the latest session.

Ethereum failed to break above the $1,800 level and is now trading slightly above $1,760. BNB was also unable to regain the $580 mark and remains below that resistance level.

XRP is holding below $1.15, while Solana slipped about 2.4 percent as it tested support near $80. Hyperliquid’s HYPE lost around 4 percent, and Stellar declined roughly 3.4 percent.

On the positive side, Cardano extended its recent recovery with another 9 percent gain, lifting the token above $0.19. Bitcoin Cash also posted strong performance, rising about 6 percent to trade near $240.

The biggest winner of the day was LAB, which surged an impressive 80 percent amid continued volatility. The token is now trading above $16 after another explosive session.

The broader cryptocurrency market also moved higher, with total market capitalization increasing to approximately $2.23 trillion.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Ripple based exchange traded funds continued to outperform the broader crypto ETF market during the latest trading week, extending their impressive streak of positive weekly inflows even as investor sentiment showed some signs of cooling.

While Bitcoin and Ethereum ETFs have struggled with persistent outflows, XRP investment products have remained a standout performer. However, the latest data suggests that the uninterrupted momentum may be starting to face its first meaningful test in months.

XRP ETFs Extend Winning Streak

Following a strong finish to the previous trading week, when spot XRP ETFs attracted $15.63 million in net inflows on Friday, investor demand remained healthy at the start of the new week.

According to data from SoSo Value, the funds recorded another $15.34 million in net inflows on Monday.

Momentum briefly weakened over the next two sessions. Investors withdrew $2.83 million on Tuesday and another $1.86 million on Wednesday, marking one of the rare occasions in recent months that XRP ETFs experienced consecutive days of net outflows.

The last red trading day occurred on June 3, while the previous instance of back to back daily outflows dates back to early March.

The weakness proved short lived. On Thursday, the final trading session before the July 4 holiday, investors returned with $6.55 million in fresh inflows.

As a result, XRP ETFs finished the week with total net inflows of $17.19 million, extending their streak of positive weekly performance. The last week to close with net outflows was recorded in late April and early May.

The sustained demand for XRP investment products has coincided with a strong recovery in the token’s price, which has climbed more than 8 percent over the past week to trade near $0.15.

HYPE ETFs Continue to Attract Capital

HYPE exchange traded funds also ended the week in positive territory, although investor demand slowed significantly compared with the previous reporting period.

During the final full trading week of June, HYPE ETFs attracted a record breaking $111.36 million in net inflows.

The latest four day trading week produced a more modest gain, with investors adding $4.32 million to the funds.

Despite experiencing $3.01 million in net outflows on Tuesday, cumulative net inflows have continued to rise and now stand at nearly $300 million, marking a new all time high for the products.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

June proved to be a difficult month for the cryptocurrency market, with Bitcoin falling to its lowest level in nearly two years while institutional investors continued pulling money from spot Bitcoin ETFs.

According to a July 2 report by Santiment, the month was defined not by a single market crash but by a gradual shift of capital away from crypto and into artificial intelligence and semiconductor stocks. The report also highlighted a growing disconnect between optimistic retail investors and cautious institutional players.

Bitcoin Faces Mounting Pressure

Bitcoin ended June trading near $58,000 after slipping to one of its weakest levels since 2024.

Santiment observed a clear divergence in investor behavior. During the final two weeks of June, wallets holding less than 0.01 BTC continued accumulating Bitcoin, while larger holders with balances ranging from 10 to 10,000 BTC reduced their positions. The analytics firm believes this reflects continued skepticism among major investors, many of whom remain unconvinced that the market has reached its bottom.

Spot Bitcoin ETFs also remained under heavy pressure. Since May 6, when the funds last recorded consecutive days of net inflows, investors have withdrawn approximately $8.9 billion.

June alone accounted for $4.51 billion in net outflows, making it the worst month for spot Bitcoin ETFs since their launch. Santiment noted that while such persistent selling reflects weak market sentiment, it could also indicate capitulation as investors exit after an extended decline.

Strategy Responds to Market Concerns

Santiment also pointed to concerns surrounding Strategy after its preferred shares fell well below par during June, dropping into the $70 range. The decline prompted questions about the company’s financial structure, particularly as Bitcoin prices weakened.

Executive Chairman Michael Saylor responded by unveiling a Digital Credit Capital Framework aimed at strengthening liquidity and supporting the company’s preferred stock obligations.

Saylor also defended Strategy’s recent sale of 32 BTC, emphasizing that the company has acquired roughly 175,000 Bitcoin this year and reaffirming that he has not sold any of his personal holdings.

Artificial Intelligence Stocks Attract Investor Capital

One of Santiment’s key observations was that capital previously flowing into cryptocurrencies has increasingly shifted toward artificial intelligence and semiconductor companies.

The firm described AI related equities as one of the strongest competitors for investor attention throughout June, reducing institutional demand for Bitcoin.

HashKey researcher Tim Sun shared a similar view, suggesting that investors are reallocating funds across different risk assets rather than abandoning risk altogether. He believes Bitcoin could attract that capital again if enthusiasm for AI stocks begins to fade or the sector experiences a correction.

Bright Spots Emerged Despite the Weakness

Although June was challenging for much of the crypto market, several projects delivered impressive performances.

Hyperliquid stood out after its HYPE token climbed to new record highs, supported by growing derivatives activity and new product launches.

Lighter also drew attention after announcing updates to its tokenomics, including token buybacks, token burns, and new staking incentives.

Meanwhile, Pump.fun continued generating strong revenue while reportedly searching for a chief legal officer with a compensation package worth up to $5 million, fueling speculation that the platform is preparing for increased regulatory oversight.

Solana’s meme coin ecosystem also regained momentum as several influencer backed tokens attracted significant attention. Among them was The Black Bull (ANSEM), promoted by crypto personality Ansem, which surged by nearly 88,000 percent over seven days, according to CoinGecko.

Bitcoin has since recovered above the $61,000 level, suggesting that market conditions may be stabilizing. Even so, Santiment believes June will be remembered less for Bitcoin’s decline and more for revealing where investors are choosing to deploy capital in the current market cycle.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic

The FIFA World Cup is proving to be a major catalyst for prediction markets, with football becoming the dominant category across leading platforms as fans place bets on tournament outcomes ahead of the Round of 16, which begins on July 4.

According to research from CryptoRank, trading activity surged throughout June as interest in World Cup matches overshadowed the political and macroeconomic events that traditionally drive prediction markets.

World Cup Sparks Record Trading Activity

CryptoRank data shows that prediction market volume climbed dramatically during the tournament.

Daily trading volume increased from just $65 million on June 1 to $340 million by June 8, shortly before the World Cup kicked off. Momentum accelerated rapidly once the competition got underway. By June 15, after the first 15 matches had been played, trading volume had reached $2.2 billion.

The rally continued over the following week. After 42 matches had been completed by June 22, total trading volume peaked at $5.6 billion before easing slightly to approximately $5.4 billion by June 29.

In an update shared on X on July 2, CryptoRank noted that Kalshi accounted for the largest share of activity. At the time of the report, total open interest across leading prediction platforms stood at roughly $1.84 billion. Kalshi represented about $1.45 billion of that figure, while Polymarket accounted for approximately $390 million.

Although Kalshi’s open interest remained relatively steady at around $1 billion during the final week of June, Polymarket reached a weekly high of $475 million on June 30, a day marked by several dramatic World Cup eliminations.

Exchanges Report Massive Growth

Crypto exchange BitMart also reported a sharp increase in prediction market activity during the tournament.

The company said monthly prediction market trading volume surged by 1,500 percent compared with May following the start of the World Cup. Active users increased 4.6 times, while completed orders jumped nearly ninefold.

BitMart also revealed that around 44 percent of newly registered users made their first trade through its prediction markets. Football related events attracted the majority of newcomers, with some later expanding into cryptocurrency price prediction markets.

The exchange attributed much of the industry’s growth to centralized prediction platforms, which offer a simpler user experience than decentralized alternatives that require crypto wallets, private keys, gas fees, and multiple transaction approvals.

Industry analysts have projected that global prediction market trading volume could eventually reach $10 billion if current adoption trends continue.

Polymarket Faces Fresh Scrutiny

While the World Cup boosted activity across the sector, Polymarket continued to face criticism on several fronts.

In June, an investigation by The Wall Street Journal alleged that the platform used staged winning bets in promotional content, raising questions about its marketing practices.

The platform also recently faced controversy after a user claimed that the rules governing a prediction market linked to Strategy’s Bitcoin sale were changed after trading had begun. The dispute renewed concerns over how prediction platforms handle contested outcomes and maintain confidence in market integrity.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

The final trading session of the week offered some relief for United States spot Bitcoin ETFs, as investors returned with strong inflows after an extended period of selling. Even so, the overall picture remained negative, with both Bitcoin and Ethereum ETFs finishing another week of net outflows.

Bitcoin ETFs Remain Under Pressure

Despite a strong finish, Bitcoin ETFs continued to struggle throughout the shortened four day trading week.

According to data from SoSo Value, investors withdrew a combined $526.64 million from spot Bitcoin ETFs, extending the products’ losing streak to nearly two months without a positive weekly performance.

The sustained selling pressure has significantly reduced cumulative net inflows, which have declined from $59.34 billion to $51.08 billion over that period.

The largest daily outflow came on July 1, when investors pulled approximately $294.62 million from the funds. That followed withdrawals of $222.64 million on June 30 and $231.10 million on June 29, highlighting the persistent weakness in investor sentiment during the first half of the week.

There was, however, a notable turnaround on July 2. Spot Bitcoin ETFs attracted $221.72 million in net inflows, ending a ten day streak of daily outflows. It was also the strongest single day of inflows since May 5, providing a much needed boost before markets closed for the July 4 holiday.

Ethereum ETFs Show Signs of Improvement

Ethereum ETFs delivered a more encouraging performance during the second half of the week, although they also finished with a net weekly loss.

The funds recorded outflows of $30.04 million on June 29 and another $27.60 million on June 30 before sentiment improved.

On July 1, Ethereum ETFs attracted $14.89 million in fresh capital, followed by another $29.08 million in net inflows on July 2. The latter marked one of the strongest daily performances in nearly a month.

Despite the rebound, Ethereum ETFs still closed the week with total net outflows of $13.67 million, extending their losing streak to eight consecutive weeks. Cumulative net inflows have also declined from $12.09 billion in early May to $10.89 billion by the end of the latest trading session.

While the weekly result remained negative, the pace of withdrawals slowed considerably compared with the previous week, when investors pulled approximately $273.34 million from Ethereum ETF products. That improvement may suggest that selling pressure is beginning to ease.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin could still be on track for another explosive bull market, but reaching new highs may require an unprecedented wave of institutional investment, according to CryptoQuant CEO Ki Young Ju.

In a recent analysis, Ju explained that Bitcoin’s ability to generate outsized returns from new capital has weakened significantly as the asset has grown into a trillion dollar market.

During Bitcoin’s early years, relatively modest inflows were enough to trigger massive price rallies. In 2011, an estimated $2.7 billion in net capital inflows helped fuel a gain of more than 55,000 percent. By comparison, the current market cycle has attracted roughly $697 billion in new capital, yet Bitcoin has delivered a return of less than 700 percent.

The message is clear. As Bitcoin’s market value expands, much larger amounts of money are required to move its price.

The Next Rally Could Require Trillions

Ju noted that Bitcoin’s capital requirements have increased dramatically over time. In 2011, just $5 million in net inflows was enough to double the asset’s price. Today, achieving a similar move would require close to $101 billion in fresh capital.

Based on that trend, he believes the next major parabolic rally may depend on trillions of dollars flowing into Bitcoin.

That does not mean another bull market is out of reach. Instead, it suggests that institutional investors will likely play a much bigger role than they did during previous market cycles.

Ju also pointed to Bitcoin’s realized capitalization, a metric that values each coin according to the price at which it last moved on chain rather than its current market price.

According to him, if Bitcoin’s realized capitalization can absorb more than $1 trillion in new value, another significant rally remains possible. However, achieving that milestone would require Bitcoin to evolve beyond a retail driven ETF narrative and become a core portfolio allocation for investment funds, corporations, financial institutions, and potentially even sovereign wealth entities.

He added that this transition is still in its early stages and there is no indication that the long term thesis has been invalidated.

Gold Still Sets the Benchmark

Bitcoin’s long term growth story continues to be measured against gold.

The precious metal is currently valued at around $29 trillion based on widely accepted estimates, although that figure can vary depending on calculations of the total above ground supply. In comparison, Bitcoin’s market capitalization stands at roughly $1.25 trillion.

The substantial gap between the two assets is one reason many analysts believe Bitcoin still has significant room for growth as institutional adoption continues to accelerate. At the same time, it highlights an important reality. Every future bull market is likely to demand increasingly larger pools of capital than the one before.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin remained in positive territory over the past 24 hours, while several leading altcoins posted stronger gains as the broader cryptocurrency market extended its recovery.

Most major digital assets traded higher, with Bitcoin maintaining its recent momentum above the $62,000 level. At the same time, many large cap altcoins outperformed the market, reflecting renewed investor confidence.

The total cryptocurrency market capitalization also moved higher as traders returned to risk assets after a volatile start to the month. Despite the broader rally, Bitcoin’s market dominance remained largely unchanged, indicating that gains were spread across the market rather than being concentrated in BTC alone.

Bitcoin Holds Above $62,000

Bitcoin spent most of the past day trading in positive territory after reclaiming the $62,000 level earlier this week. The leading cryptocurrency was changing hands near $62,500, representing a daily gain of about 1.3 percent and a weekly increase of roughly 3.6 percent.

Price action remained relatively stable throughout the session. Bitcoin briefly slipped toward $61,500 before buyers stepped in and pushed it back higher, reaching an intraday peak close to $62,800. Its market capitalization held steady at around $1.25 trillion.

Spot Bitcoin ETF activity also showed signs of improvement. On July 2, US spot Bitcoin ETFs recorded net inflows of approximately $220 million. Fidelity accounted for the majority of those inflows, while BlackRock experienced more than $40 million in net outflows as some investors reduced their exposure.

HYPE, ADA, and XRP Lead Altcoin Gains

The wider crypto market continued to strengthen, with total market capitalization climbing above $2.2 trillion.

Ethereum traded near $1,754 after rising more than 2 percent over the past 24 hours and about 11 percent during the past week, making it one of the strongest performers among major cryptocurrencies.

Hyperliquid’s HYPE emerged as one of the biggest gainers, climbing above $71 after advancing more than 6 percent on the day. Cardano also recorded impressive gains, while XRP, Stellar, Dogecoin, Solana, and several other leading altcoins posted more modest advances.

Market participants will now be watching to see whether Bitcoin can break through the key resistance zone between $62,000 and $63,000, while keeping an eye on whether the current altcoin momentum continues throughout the weekend.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Here is what needs to happen for Bitcoin to climb above $65,000.

After weeks of sluggish price action and a decline to its lowest level of 2024, Bitcoin (BTC) has made a strong recovery.

Popular crypto analyst Ali Martinez highlighted the rebound, pointing to three bullish indicators that could drive Bitcoin above $65,000 in the near term.

The Bullish Setup

Bitcoin recently climbed past $62,500, supported by easing geopolitical tensions in the Middle East and the return of spot Bitcoin ETF inflows after weeks of persistent outflows.

According to Martinez, Bitcoin’s 12 hour chart is showing a combination of bullish technical signals across several major indicators, suggesting the rally may have more room to continue. The first signal comes from the Tom DeMark Sequential indicator, which has generated a fresh buy signal.

Earlier this week, Martinez also noted that the same indicator on the monthly timeframe produced synchronized buy signals for BTC, ETH, XRP, and SOL.

He explained that when multiple major cryptocurrencies generate monthly buy signals at the same time, it often reflects seller exhaustion and increases the likelihood that the market has reached a long term bottom.

The second bullish signal is Bitcoin’s Relative Strength Index, which has formed a bullish divergence against price action. The third is the SuperTrend indicator, which has also confirmed a potential shift in trend.

Martinez believes that if these signals are supported by continued strength in spot trading volume, Bitcoin’s next immediate target could be around $65,400, which aligns with the resistance level identified by the Tom DeMark setup.

Growing Optimism Across the Market

Martinez is not alone in his bullish outlook. Several market analysts have pointed to Bitcoin’s strong performance this month as a positive sign. Crypto commentator Cyclop noted that Bitcoin has historically recorded double digit gains during July, even in bear market conditions.

Recent whale activity has also strengthened the optimistic narrative. Crypto analyst Max Crypto revealed that a major investor opened a $66 million long position on Bitcoin, with liquidation set at $59,395.

Large investors, often referred to as whales, are generally regarded as experienced market participants whose moves are closely monitored. Their confidence can encourage smaller investors to enter the market and inject fresh capital into the crypto ecosystem.

Despite the improving outlook, investors should remain cautious. The cryptocurrency market continues to experience significant volatility, meaning another short term pullback remains a realistic possibility.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

The launch of Open USD has quickly drawn scrutiny after several major South Korean companies disputed claims that they had officially joined the consortium behind the stablecoin.

The controversy emerged shortly after Open Standard announced plans to launch OUSD later this year as a U.S. dollar-backed stablecoin, stating that more than 140 businesses had joined the initiative.

Korean Companies Challenge Membership Claims

Open Standard’s published participant list included several globally recognized names such as Visa, Mastercard, BlackRock, Google, Ripple, and Standard Chartered.

Among the listed South Korean participants were major firms including Samsung Electronics, Dunamu, Shinhan Financial Group, KakaoBank, K Bank, and several large card issuers.

However, multiple companies have since denied any formal commitment to the project.

According to reports, a representative from Samsung Electronics stated that no official discussions had taken place with OpenUSD’s issuer and that the company had no clear understanding of its supposed role within the consortium.

Representatives from Shinhan Financial Group, Dunamu, and K Bank reportedly gave similar responses. They said Open Standard had only asked whether they were interested in the project, to which they replied they would review the proposal.

Despite that limited engagement, their names were later included in the consortium’s participant list.

Concerns Over Transparency

The controversy deepened after some companies claimed they only discovered they had been listed as consortium members through media coverage.

One representative reportedly said the company had merely expressed conditional interest and was surprised to see itself publicly identified as a participant without formal agreement.

This has raised broader concerns about transparency and whether Open Standard overstated the level of institutional support behind OUSD.

No Formal Agreements Signed

The issue gained further attention after Gabor Gurbacs, founder of Pointsville, said he had spoken directly with several companies named in the consortium.

According to Gurbacs, multiple firms told him they had neither signed agreements nor formally committed to joining OpenUSD.

He suggested that either media coverage significantly exaggerated the situation or the consortium’s published participant list was misleading.

The controversy has also sparked debate across social media, where critics argue that publicly naming companies before agreements are finalized can appear misleading and may damage credibility.

For OpenUSD, the incident presents an early reputational challenge as it attempts to position itself as a major player in the increasingly competitive stablecoin market.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Tokenized stocks are emerging as one of the few bright spots in crypto, attracting growing investor interest as traditional altcoin narratives continue to lose momentum.

According to a July 3 market report from BIT, tokenized equities are becoming a key area of opportunity amid broader weakness across the altcoin market.

This trend reflects a wider structural shift in crypto, with investors increasingly favoring projects tied to real-world assets over speculative tokens facing persistent selling pressure.

Altcoins Face Mounting Pressure

The crypto market appears to be undergoing a major transition after years of capital rotating through meme coins, Decentralized Finance tokens, and short-lived market narratives.

A major factor behind this shift is supply pressure from token unlocks. Over the past two years, more than $111 billion worth of tokens have entered circulation, averaging roughly $700 million in new supply every week.

According to BIT, this continuous influx has weighed heavily on prices and reduced retail participation.

Market momentum has also weakened significantly. In 2024, the average bullish run for altcoins lasted around 61 days. In 2025, that figure dropped to just 19 days, highlighting how quickly rallies are now fading.

Institutional capital has also become more selective. Rather than chasing speculative altcoins, large investors have focused primarily on proven assets such as Bitcoin through ETFs and corporate treasury strategies.

Since spot Bitcoin ETFs launched, BTC has delivered strong returns for many crypto hedge funds, reinforcing the view that the traditional altcoin investment strategy is losing effectiveness.

Further evidence can be seen in the Altcoin Season Index, which currently sits near 54 out of 100—well below the 75 level typically associated with a true altseason.

Tokenized Equities Open New Growth Opportunities

As traditional altcoin narratives weaken, tokenized stocks are emerging as a promising new sector for growth.

BIT’s analysis highlights Solana as the leading blockchain for tokenized equities, accounting for approximately 95% of global trading volume in this category.

Several projects are positioned to benefit from this trend, including Jupiter, Jito, Ondo Finance, Hyperliquid, Backpack, and Pyth Network.

Among them, Ondo has been a standout performer, surpassing $1 billion in total value locked (TVL) in less than eight months.

Meanwhile, Hyperliquid’s perpetual stock products now account for more than 35% of activity on its platform, signaling strong user demand for tokenized equity trading.

Exchanges Increase Focus on Tokenized Stocks

Major crypto exchanges are also accelerating their expansion into tokenized equities.

Coinbase announced in June that it plans to launch tokenized stock trading for non-U.S. customers, offering 1:1 backing with underlying shares and shareholder benefits such as dividends.

Binance has also entered the space through tokenized stock offerings on BNB Chain.

Other platforms including Kraken and Bybit already support trading in multiple tokenized stock products.

Earlier this year, Jupiter and Ondo Finance also revealed plans to bring more than 200 tokenized U.S. stocks and ETFs to Solana via Ondo Global Markets.

These developments reinforce the growing belief that tokenized equities may become one of crypto’s strongest growth areas, especially as much of the broader altcoin market continues to struggle with weak demand and ongoing selling pressure.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic