Cryptocurrency Market Performance
Currently, the total cryptocurrency market value is $3.79 trillion, with BTC accounting for 60.7%, valued at $2.3 trillion.Stablecoin market value is $265.2 billion, with a 1.73% increase in the past 7 days, of which USDT accounts for 61.8%.
Crypto Total Market Cap and Mainstream Coin Trends (July 21-25) | |||
|---|---|---|---|
Indicator | Value | Weekly Change | Key Driving Factors |
Total Market Cap | $3.79 trillion | +3.2% | Altcoin rotation accelerating |
BTC Dominance | 60.7% | -3.5% | Funds flowing to ETH and Altcoins |
BTC Price | $115,376 | -1.53% | Short-term profit-taking |
ETH Price | $3,655 | +12% | ETF fund inflow + staking yield demand |
CoinMarketCap Among the top 200 projects, a small portion rose while most declined, including: CFX with a 7-day increase of 64.49%, ENA with a 7-day increase of 26.03%, PENGU with a 7-day increase of 25.49%, ZBCN with a 7-day increase of 38.53%.
This week, US Bitcoin spot ETF net inflow: $73.2 million; US Ethereum spot ETF net inflow: $1.846 billion.
Market Forecast:
This week, stablecoins continued to be issued, the US Ethereum spot ETF saw significant net inflows, and Altcoins continued the upward trend from last week. BTC and ETH are both range-bound. The RSI index is 40.29, showing weakness. The Fear and Greed Index is 71 (lower than last week).
Market Forecast (July 28 - August 1)
BTC: If it breaks through $120,000, target $125,000; if it falls below $115,000, test $112,000 support.
ETH: Pullback support at $3,500, upside target $4,000.
If BTC and ETH maintain strength, Altcoins may have another wave of growth.
(The rest of the translation follows the same pattern, maintaining the structure and translating all text while preserving any HTML tags)4. Arbitrum ecosystem's modular trading platform Kinto states that if the stolen funds are traced or funds are raised in the future, the team will restore the K token balance to the snapshot state before the hack by July 31 and restart trading on CEX at the pre-attack price;
5. Decentralized perpetual derivatives Layer2 application chain Paradex's second XP season will run from January 3, 2025, to July 31, with token distribution planned at the end of the second season. In DIME's token economic model, 20% of tokens will be allocated to genesis airdrop;
6. Worldcoin extends the unclaimed WLD reserved token claiming period by one year to July 31, 2025;
7. Web3 entertainment platform MEET48's first Global Idol Annual Popularity Final Vote (WIPA) will close on August 2, with results to be announced at the Asia World-Expo in Hong Kong, China.
Important Events
1. July 30, 20:15, US to release July ADP employment numbers;
2. July 30, 21:45, Bank of Canada to announce interest rate decision and monetary policy report;
3. July 31, 0:20, US to release Federal Reserve interest rate decision (upper limit) as of July 30;
4. August 2, 20:30, US to release July unemployment rate;
5. August 2, 20:30, US to release July seasonally adjusted non-farm employment (in ten thousands).
Token Unlocks
1. Artificial Superintelligence Alliance (FET) will unlock 3.05 million tokens on July 28, valued at approximately $2.4 million, representing 0.12% of circulating supply;
2. Jupiter (JUP) will unlock 53.71 million tokens on July 28, valued at approximately $30.62 million, representing 1.78% of circulating supply;
3. Optimism (OP) will unlock 31.37 million tokens on July 31, valued at approximately $22.75 million, representing 1.79% of circulating supply;
4. Sui (SUI) will unlock 44 million tokens on August 1, valued at approximately $186 million, representing 1.27% of circulating supply;
5. Ethena (ENA) will unlock 40.62 million tokens on August 2, valued at approximately $24.78 million, representing 0.64% of circulating supply;
About Us
Hotcoin Research, as the core research and investment hub of the Hotcoin ecosystem, focuses on providing professional in-depth analysis and forward-looking insights for global crypto asset investors. We build a three-in-one service system of "trend judgment + value mining + real-time tracking", offering precise market interpretation and practical strategies for investors at different levels through comprehensive crypto industry trend analysis, multi-dimensional potential project assessment, and round-the-clock market fluctuation monitoring, complemented by bi-weekly "Hotcoin Strict Selection" strategy livestreams and daily "Blockchain Today's Headlines" news updates. Leveraging cutting-edge data analysis models and industry resource networks, we continuously empower new investors to establish cognitive frameworks and help professional institutions capture alpha returns, jointly seizing value growth opportunities in the Web3 era.
Risk Warning
The cryptocurrency market is highly volatile, and investment inherently carries risks. We strongly recommend that investors invest only after fully understanding these risks and within a strict risk management framework to ensure capital safety.
