Let's turn our attention to today's overall Crypto market situation.
As of 5:59 AM Hong Kong time on July 4, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.45 trillion US dollars, witnessing a decrease of 2.95% compared to yesterday; the total trading volume is 98.60 billion US dollars, marking a decline of 17.5% from the previous day.

Cryptocurrency Market Update

According to sosovalue, the price of $BTC is 109,010 USD, a decrease of 0.3% from yesterday. The market cap of $BTC is 2.17 trillion USD, accounting for 62.8% of the total market cap; $BTC's 24-hour trading volume is 28.7 billion USD, making up 29.1% of the total trading volume.
The price of $ETH is 2,568.9 USD, down 0.802% from yesterday; the market cap of $ETH is 310.11 billion USD, representing 8.99% of the total market cap; $ETH's 24-hour trading volume is 17.89 billion USD, comprising 18.1% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 71.79% of the total cryptocurrency market cap, and their combined trading volumes constitute 47.2% of the total trading volume.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 05:50 on July 4, 2025, according to sosovalue, the top five gainers are:

Top 1 gainer is MemeCore. As of 05:50 today, its market cap is 78.10M USD, with a coin price of 0.049454 USD, witnessing a 24-hour increase of 4850%.
The second is Impossible Cloud Network Token. As of 05:50 today, its coin price is 0.29670 USD, with a 24-hour increase of 160%.
The third is LOBO•THE•WOLF•PUP. As of 05:50 today, its coin price is 0.00051680 USD, showing a 24-hour increase of 75.5%.
In fourth place is Crypton. As of 05:50 today, its coin price is 0.00054980 USD, with a 24-hour rise of 64.8%.
In fifth place is Mint Blockchain. As of 05:50 today, its coin price is 0.0065000 USD, increasing by 62.5% over the last 24 hours.

Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 1 is up and 15 are down. Notably, AI, RWA, and Layer2 sectors are worth mentioning.
AI sector has fallen 2.81% relative to the UTC 0 time, led by declines in ALI (-16.2%), SHOGGOTH (-15.5%), and PRAI (-13.4%).
RWA sector has decreased 3.11% relative to UTC 0, with LTO (-56.1%), RWA (-22.4%), and SMT (-15.8%) leading the drop.
Layer2 sector has fallen 3.18%, with EPIC (-9.13%), ZKF (-8.98%), and AVAIL (-7%) leading the decline.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:

According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 601.94M USD yesterday (Eastern Time, July 3th).

The Bitcoin Spot ETF with the highest net inflow yesterday was Fidelity's ETF FBTC, with a daily net inflow of 237.13M USD, and the total historical net inflow of FBTC currently stands at 12.21B USD.

The second highest was BlackRock's ETF IBIT, with a daily net inflow of 224.53M USD, and the total historical net inflow of IBIT currently stands at 52.65B USD.

As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 137.60B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 6.29%. The historical cumulative net inflow has reached 49.64B USD.

Source: https://sosovalue.com/zh/assets/etf/us-btc-spot

Next news:

On July 4th, according to Whale Alert monitoring, an address containing 10,000 $BTC was activated after 14 years of dormancy, worth approximately $1,092,973,486.00.

Next news:

House Financial Services Committee Chairman French Hill, Agriculture Committee Chairman GT Thompson, and House Republican leadership have announced that the week of July 14, 2025, will be designated "Crypto Week," during which the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act will be considered.

Next news:On July 4th, Reuters reported that Chinese tech giants JD.com and Ant Group, owned by Alibaba, are lobbying the People's Bank of China to authorize the issuance of a Renminbi stablecoin to counter the growing influence of U.S. dollar stablecoins. The two companies have proposed issuing stablecoins pegged to offshore Renminbi in Hong Kong, aiming to promote the global use of the Renminbi and weaken the dominance of the U.S. dollar in the digital space. In addition, JD.com and Ant Group plan to issue stablecoins pegged to the Hong Kong dollar after new legislation on August 1st. In discussions with the People's Bank of China, JD.com emphasized the urgency of issuing offshore Renminbi stablecoins to help internationalize the Renminbi. [深潮 TechFlow]
Next news:

FTX creditor representative Sunil posted on X, stating that FTX is seeking legal advice to make distributions to restricted foreign jurisdictions. However, if a user is determined to be from a restricted foreign jurisdiction, the claim will be disputed, and if the issue is not resolved, the user will lose their distribution rights. Sunil stated that 5% of claims involve restricted countries, and 82% of the claim funds belong to Chinese users.

Next news:According to Whale Alert monitoring, Tether issued 1 billion USDT on the Ethereum network 3 minutes ago. [ChainCatcher]
Next news:

According to Jinshi Data, on July 4th, U.S. President Trump stated plans to impose tariffs ranging from 60% to 70%, and from 10% to 20%, on different countries. These tariffs will be payable by various countries starting August 1st. U.S. President Trump: Letters regarding tariffs will begin to be sent out this Friday. It is expected that 10 to 12 countries will receive relevant notifications on Friday.

Next news:On July 4th, according to analyst Ember Monitoring, a whale/institution cumulatively purchased 1,495 WBTC at an average price of $69,162.00 between July and November 2024 through revolving loans. It has now sold 723 WBTC, exchanging them for $69,170,000.00 USDC, with an average selling price of $95,678.00, and still holds 753.8 WBTC (worth $82,600,000.00). The investor's total profit reached $49,750,000.00, including a realized profit of $19,170,000.00 and a floating profit of $30,580,000.00. [Shenchao TechFlow]
Next news:Over the past year, early Bitcoin whales have cumulatively sold off over 500,000 Bitcoin, worth over $500 billion, almost on par with the net inflow of U.S. Bitcoin ETFs. At the same time, institutional investors such as ETFs, corporate treasuries, and asset management firms have absorbed approximately 900,000 Bitcoin, with their current total holdings reaching approximately 4.80 million, accounting for about a quarter of the circulating supply. The market is undergoing a power shift from anonymous whales to institutional allocators, with the Bitcoin price hovering around $110,000.00 and volatility falling to a near two-year low. Analysts say this structural change could lead to annual Bitcoin gains trending towards 10%–20%, shifting its positioning from a high-volatility asset to a long-term allocation tool. However, some argue that institutional entry also provides an exit channel for whales, and if future inflows slow down while selling resumes, the market still faces a significant downside risk. [Bloomberg]
Next news:Tornado Cash co-founder Roman Storm is scheduled to appear in court in New York on July 14, 2025, facing charges of money laundering, conspiracy to operate an illegal money transfer business, and conspiracy to violate U.S. sanctions regulations. In a recent interview with Crypto In America, he stated that his legal team will address allegations that he profited from Tornado Cash-related transactions during the trial, but a decision has not yet been made on whether he will personally testify. [Cointelegraph]

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.

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