SoSo Daily Jul 13 | President of the European Union: Countermeasures against US tariffs will be suspended until early August
As of 11:59 AM Hong Kong time on July 13, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.76 trillion US dollars, witnessing a decrease of 3.63% compared to yesterday; the total trading volume is 106.72 billion US dollars, marking a decline of 40.5% from the previous day.
Cryptocurrency Market Update - July 13, 2025
According to sosovalue, the price of $BTC is 118,050 USD, an increase of 0.208% from yesterday. The market cap of $BTC is 2.35 trillion USD, accounting for 62.5% of the total market cap; $BTC's 24-hour trading volume is 18.74 billion USD, making up 17.6% of the total trading volume.
The price of $ETH is 2,965 USD, up 0.0543% from yesterday; the market cap of $ETH is 357.92 billion USD, representing 9.52% of the total market cap; $ETH's 24-hour trading volume is 12.34 billion USD, comprising 11.6% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 72.02% of the total cryptocurrency market cap, and their combined trading volumes constitute 29.2% of the total trading volume.
As of 11:50 on July 13, 2025, according to sosovalue, the top five gainers are:
Top 1 gainer is LOBO•THE•WOLF•PUP (LOBO). As of 11:50 today, its coin price is 0.00057390 USD, witnessing a 24-hour increase of 41%.
The second is sci-hub (SCIHUB). As of 11:50 today, its coin price is 0.00050200 USD, with a 24-hour increase of 40.1%.
The third is CESS Network (CESS). As of 11:50 today, its coin price is 0.0096400 USD, showing a 24-hour increase of 36.5%.
In fourth place is MXC (MXC). As of 11:50 today, its coin price is 0.0020718 USD, with a 24-hour rise of 33.4%.
In fifth place is Altura (ALU). As of 11:50 today, its coin price is 0.0047700 USD, increasing by 28.6% 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, 14 are up and 2 are down. Notably, NFT sector is worth mentioning.
NFT sector has risen 11.1% relative to the UTC 0 time, led by gains in PENGU (27.9%), omi (14.6%), and MOCA (12.9%).
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:On July 13, European Commission President Ursula von der Leyen stated, "We will extend the suspension period for retaliatory measures against U.S. tariffs until early August. We have always made it clear that we prefer to reach a solution with the United States through negotiation, and this position remains unchanged."
"Retaliatory measures are designed for unconventional situations, and we have not yet reached the stage of using them." [Deep Tide TechFlow]
Next news:Hong Kong Secretary for Financial Services and the Treasury Christopher Hui said in an interview that only a small number of licenses will be issued in the first phase of stablecoin regulation. Regarding whether it is possible to issue RMB stablecoins, he said that there are currently no restrictions on pegged currencies, but if it involves other regional currencies, it may be necessary to consult with relevant institutions. [Foresight News]
Next news:According to @Adam_Tehc's Dune panel data, the number of wallet addresses participating in the Pump.fun official website presale and completing KYC is 23,959, the number of wallet addresses that successfully purchased is 10,145, and the average subscription amount is $44,209. 89.7% of the PUMP token presale was completed through the official website, and the total amount sold by various CEXs accounted for only 10.3%. Among the official website presales, there were 202 addresses with subscription amounts of $1,000,000, 138 with $500,000 to $1,000,000, 445 with $100,000 to $500,000, and 1,030 with $10,000 to $100,000. The largest number of users subscribed for less than $1,000, with 5,758. [ChainCatcher]
Next news:On July 13, according to Businesswire, Nuvve Holding Corp. (NVVE), a US-listed grid technology company, announced today the issuance of 5,029,403 shares of common stock (or common stock equivalents) at a public offering price of $0.95 per share, with expected gross proceeds of approximately $4.80 million (before deducting underwriting discounts, commissions, and issuance expenses). The company plans to use a portion of the net proceeds from this offering to advance the expansion of its corporate treasury strategy, which includes HYPE. [BlockBeats]
Next news:
On July 13, according to market data, the funding rate for PUMP on Hyperliquid pre-market contracts has turned from positive to negative. The current funding rate is -0.0017%, and short selling power is beginning to accumulate. The current open interest for PUMP on Hyperliquid is $368.00 million, and the 24-hour trading volume exceeds $643.00 million.
The current open interest for PUMP on Binance is $135.00 million, and the 24-hour trading volume exceeds $1,341.00 million. The funding rate is still positive. The long/short ratio of large accounts, based on open interest statistics, is 1.24, with long positions still dominating.
[BlockBeats]Next news:According to CloverPool data, the Bitcoin mining difficulty has been adjusted at block height 905,184, with the mining difficulty increasing by 7.96% to 126.27 T. The current average hashrate of the entire network for the past seven days is 907.68 EH/s. [ChainCatcher]
Next news:According to the Wall Street Journal, SpaceX has agreed to invest $2.00 billion in Musk's AI company, xAI. Musk's representatives have told investors that the possibility of commercial cooperation between SpaceX and xAI is increasing. It is reported that this investment is part of xAI's ongoing $5.00 billion equity financing. [Odaily Planet Daily]
Next news:
On July 13, according to Globenewswire, Singapore-based global agricultural commodity trading company Davis Commodities (Nasdaq: DTCK) disclosed today that it intends to evaluate the establishment of a strategic SOL reserve as part of its broader digital innovation and capital diversification roadmap. DTCK is currently evaluating the feasibility of the following initiatives:
Diversified capital allocation: Consider allocating 5-10% of excess funds to Solana, subject to internal risk assessment and compliance review;
Tokenized commodity integration: Explore the use of SOL as a utility asset for pilot projects involving tokenized ESG-certified agricultural trade and carbon credit-linked settlement;
Infrastructure partnership: Conduct preliminary discussions with blockchain infrastructure providers to assess stablecoin interoperability and on-chain settlement capabilities.
[BlockBeats]Next news:On July 13, CoinDesk reported that the co-founder of Indian cryptocurrency exchange CoinDCX said on Saturday that allegations that the exchange transferred user funds to a non-compliant entity in Lithuania were made by another Indian exchange, WazirX, which has been under scrutiny since a $230.00 million hack last year. WazirX accused CoinDCX of holding user funds in a Lithuanian entity that was not registered with the Indian Financial Intelligence Unit (FIU) until February 2025. CoinDCX denied the allegations in a statement, saying that the user funds in question were held by Neblio Technologies, an entity registered in India and compliant with FIU regulations. [BlockBeats]
Next news:On July 13, TheBlock reported that a U.S. Department of Justice document revealed that two individuals sent over 250,000 USDT to a wallet address associated with Nigerian scammers, mistakenly believing they were donating to President Trump's inaugural committee. The victims are identified as "Ivan" and "Mouna," while the CEO of crypto payment company MoonPay is Ivan Soto-Wright, and the CFO is Mouna Ammari Siala. One of the wallets involved in the fraudulent transaction was previously identified as belonging to Soto-Wright, and the wallet receiving the funds is registered under the name of Nigerian man Ehiremen Aigbokhan. [BlockBeats]
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.