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SoSo Daily Jul 7 | Binance Alpha has listed Metaplex (MPLX)

$BTC
$ETH
SoSo Newsletter
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Jul 7, 2025

Crypto Market Update

Let's turn our attention to today's overall Crypto market situation.
As of 11:59 PM Hong Kong time on July 6, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.45 trillion US dollars, witnessing a decrease of 2.03% compared to yesterday; the total trading volume is 64.28 billion US dollars, marking an increase of 38.9% from the previous day.



According to sosovalue, the price of $BTC is 109,200 USD, an increase of 0.936% from yesterday. The market cap of $BTC is 2.17 trillion USD, accounting for 63% of the total market cap; $BTC's 24-hour trading volume is 15.71 billion USD, making up 24.4% of the total trading volume.
The price of $ETH is 2,570.5 USD, up 2.18% from yesterday; the market cap of $ETH is 310.31 billion USD, representing 9% of the total market cap; $ETH's 24-hour trading volume is 11 billion USD, comprising 17.1% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 72% of the total cryptocurrency market cap, and their combined trading volumes constitute 41.5% 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 23:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is MYX Finance (MYX). As of 23:50 today, its market cap is 15.02M USD, with a coin price of 0.12040 USD, witnessing a 24-hour increase of 101%.
The second is Winnerz (WNZ). As of 23:50 today, its coin price is 0.0032470 USD, with a 24-hour increase of 58.3%.
The third is MemeCore (M). As of 23:50 today, its coin price is 0.093596 USD, showing a 24-hour increase of 52.2%.
In fourth place is BEPRO Network (BEPRO). As of 23:50 today, its coin price is 0.000094910 USD, with a 24-hour rise of 33%.
In fifth place is DOSE (DOSE). As of 23:50 today, its coin price is 0.00015730 USD, increasing by 32.7% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 16 sectors, all 16 are up. Notably, Meme, RWA, and SocialFi sectors are worth mentioning.
Meme sector has risen 4.57% relative to the UTC 0 time, led by gains in M (52.4%), bonk (16.7%), and B (16.5%).
RWA sector has increased 3.51% relative to UTC 0, with MGT (20.9%), solo (16.2%), and KTA (11.8%) leading the rise.
SocialFi sector has risen 3.11%, with UXLINK (9.26%), cbk (5.51%), and pts (4.19%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to official sources on July 6th, Binance Alpha has listed Metaplex (MPLX). Users with at least 140 Binance Alpha points can claim an airdrop of 400 MPLX. Claims are on a first-come, first-served basis until the quota is exhausted or the event ends. Please note that claiming the airdrop will cost 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise they will be deemed to have forfeited the claim. [深潮 TechFlow]
Next news:On July 6th, according to Jinshi reports, U.S. Treasury Secretary Bessent stated that if an agreement is not reached before August 1st, tariffs will return to April levels. [深潮 TechFlow]
Next news:Toncoin has announced a partnership with the UAE government to offer UAE "Golden Visas," valid for 10 years, to eligible TON token stakers. The program aims to attract high-net-worth individuals and crypto investors to support the TON network through long-term staking while enjoying the residency and business benefits of the UAE. [Wu Shuo]
Next news:According to Ember monitoring, "insider trader" qwatio's short order has once again triggered liquidation. The initial margin of this $15.48 million short order is now only $800,000, with a loss of $15.48 million on this short. Currently, the remaining position after multiple liquidations is approximately $47.34 million. [ChainCatcher]
Next news:According to Coinglass data, the entire network liquidation in the past 24 hours was $7,845.73 million, with long positions accounting for $4,388.17 million and short positions accounting for $3,457.56 million. Among them, Bitcoin long positions accounted for $104.02 million, Bitcoin short positions accounted for $64.27 million, Ethereum long positions accounted for $703.46 million, and Ethereum short positions accounted for $631.69 million. In addition, in the last 24 hours, 51,586 people were liquidated globally, with the largest single liquidation order occurring on Binance - BTCUSDT with a value of $90.28 million. [ChainCatcher]
Next news:On July 6th, Strategy Executive Chairman Michael Saylor once again released information about the Bitcoin Tracker on the X platform, writing: "Sometimes you just need to HODL." According to previous patterns, Strategy always discloses information about increasing its Bitcoin holdings the day after such news is released. [深潮 TechFlow]
Next news:According to Arkham monitoring, about 5 minutes ago, a suspected Abraxas Capital-labeled address transferred 1,000 $BTC, worth $108.23 million, to Kraken. [Odaily星球日报]
Next news:U.S. Commerce Secretary Howard Lutnick stated that President Trump's planned country-by-country tariffs will take effect on August 1, 2025. This statement provides a buffer for the previously set negotiation deadline of July 9. Trump told the media before boarding Air Force One to return to Washington on July 6 that most countries would complete agreements or receive formal notice by July 9, and related tariff notices would be issued successively on Monday and Tuesday. [彭博社]
Next news:According to social media information, TON Foundation CEO Max Crown, in response to CZ's question of "If the 10-year UAE gold visa for TON stakers is true, I will push for BNB to enjoy the same treatment," stated, "Absolutely true. DM me." [ChainCatcher]
Next news:According to the Wall Street Journal, neither Musk nor his advisors have filed documents with the U.S. Federal Election Commission indicating the formation of a new political entity called the "America Party." The party's name is similar to America PAC, a U.S. political action committee he helped found. According to documents, Musk spent nearly $300.00 million in 2024 through this political group supporting Trump's campaign to help Trump and other Republicans. While third-party candidates in the U.S. have never become president, they can play a spoiler role, taking votes away from the two major parties. [Foresight News]

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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