Let's turn our attention to today's overall Crypto market situation.
As of 5:59 PM Hong Kong time on July 5, 2025, according to
sosovalue, the total market cap of the crypto market stands at 3.40 trillion US dollars, witnessing a decrease of 2.79% compared to yesterday; the total trading volume is 53.13 billion US dollars, marking a decline of 36.3% from the previous day.
Cryptocurrency Market Update - July 5, 2025
According to sosovalue, the price of $BTC is 108,090 USD, an increase of 0.199% from yesterday. The market cap of $BTC is 2.15 trillion USD, accounting for 63.2% of the total market cap; $BTC's 24-hour trading volume is 13.04 billion USD, making up 24.5% of the total trading volume.
The price of $ETH is 2,503.6 USD, up 0.282% from yesterday; the market cap of $ETH is 302.23 billion USD, representing 8.89% of the total market cap; $ETH's 24-hour trading volume is 8.5 billion USD, comprising 16% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 72.09% of the total cryptocurrency market cap, and their combined trading volumes constitute 40.5% 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 17:50 Hong Kong time, according to
sosovalue, the top five gainers are:
Top 1 gainer is Degen Spartan AI. As of 17:50 today, its market cap is 10.03M USD, with a
$coin price of 0.010030 USD, witnessing a 24-hour increase of 159%.
The second is Eliza. As of 17:50 today, its
$coin price is 0.0024637 USD, with a 24-hour increase of 43.6%.
The third is Dasha. As of 17:50 today, its
$coin price is 0.0029080 USD, showing a 24-hour increase of 43.3%.
In fourth place is StormX. As of 17:50 today, its
$coin price is 0.00012070 USD, with a 24-hour rise of 39.2%.
In fifth place is PepeFork. As of 17:50 today, its
$coin price is 0.000000050460 USD, increasing by 35.6% 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, 6 are up and 10 are down.
Today, there are no sector with a price change exceeding 2%.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to the official announcement, Binance will list Infinity Ground (
$AIN) trading on July 5, 2025, at 09:00 (UTC). Users holding more than 140 Binance Alpha points can claim an airdrop of 600
$AIN tokens, which requires consuming 15 points and must be confirmed within 24 hours. [ChainCatcher]
Next news:According to Coinglass data, the entire network liquidation in the past 24 hours was $164.00 million, with long positions accounting for $129.00 million and short positions accounting for $34.78 million. Among them,
Bitcoin long positions accounted for $37.08 million,
Bitcoin short positions accounted for $5.55 million,
Ethereum long positions accounted for $34.33 million, and
Ethereum short positions accounted for $8.39 million. In addition, in the last 24 hours, 64,768 people were liquidated globally, with the largest single liquidation order occurring on Binance - BTCUSDT with a value of $2.72 million. [ChainCatcher]
Next news:According to Hong Kong Wen Wei Po, Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, stated that Hong Kong has issued green bonds in tokenized form twice in 2023 and 2025. The third batch of token bonds is also in preparation. Subsequently, Hong Kong will regularize the issuance of tokenized government bonds and provide incentives for the tokenization of real-world assets, such as exempting tokenized exchange-traded funds (ETF) from stamp duty upon transfer. In addition, Hong Kong will also promote the tokenization of a wider range of assets and financial instruments, demonstrating the diverse applications of tokenization technology in various fields, including precious metals, non-ferrous metals, and renewable energy (such as solar panels). [Foresight News]
Next news:Coinbase's Head of Research, David Duong, tweeted that the claim of "the largest short position in
$ETH history" is a gross exaggeration. He analyzed that inflows into
Ethereum spot ETFs increased significantly in June, with net inflows of $1.16 billion. Driven by greater institutional participation in Chicago Mercantile Exchange (CME) basis trading, inflows into these instruments reached an all-time high. [Foresight News]
Next news:Grayscale posted on X, stating that it believes
Ethereum can benefit from the shift in US cryptocurrency-friendly policies, and new legislation like the Genius Act may clarify stablecoin rules, drive investment, and accelerate the adoption of smart contracts. With strong development activity and expansion plans,
Ethereum is well-positioned to benefit from this. [ChainCatcher]
Next news:During the
Ethereum Community Conference (EthCC) in Cannes, France,
Ethereum co-founder Vitalik Buterin said in an interview that many institutions are not pursuing scalability and speed, but are more focused on the stability and reliability of Ethereum. He pointed out, "Many institutions have explicitly told us that they choose
Ethereum because it is stable, reliable, and does not crash," and emphasized that long-term features such as privacy are the functions that institutions "really value."
Vitalik also said on the main stage of the conference: "We don't just want to be successful, we want to be a network that deserves success." He hopes that in the future, people will regard
Ethereum as a true model for achieving open, free, and permissionless access to the network. [Odaily星球日报]
Next news:
On July 5th, Elon Musk's poll on whether to create an "American Party" has garnered over 1.16 million participants to date, with 65% choosing "Yes" and 35% choosing "No." There are only 4 hours left until the end of the vote.
On July 4th, local time, U.S. President Donald Trump signed the tax and spending bill into law. Previously, on June 30th, local time, Musk posted dozens of posts in a row, saying that those lawmakers who supported the bill should be ashamed, and said that if the bill passed, he would form the "American Party" the next day. [BlockBeats]
Next news:On July 5th, according to official news from Sonic Labs, the first phase (S1) claim for the S token airdrop will be randomly opened between July 15th and 22nd. [深潮 TechFlow]
Next news:According to Ai Yi's monitoring, Arthapala (@Arthapala_vc), a suspected staking and validation service provider, has deposited a total of 38,100
$ETH into various exchanges in the past six days. Its other three related addresses recently deposited another 6,789
$ETH into Binance, bringing the total amount of
$ETH transferred to exchanges in the past week to 44,889
$ETH, with a total value of approximately $113.00 million at the current price. [Odaily星球日报]
Next news:On July 5th, according to Farside Investors, U.S.
Bitcoin spot ETFs saw a net inflow of $769.5 million this week, including:
IBIT: + $336.8 million
FBTC: + $248.4 million
BITB: + $57.40 million
ARKB: + $160.0 million
BTCO: + $9.90 million
EZBC: + $9.50 million
HODL: + $10.10 million
GBTC: - $84.90 million
BTC: + $22.30 million [深潮 TechFlow]
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.