Daily Market BriefJul 3, 2025

Daily Market Brief 250703

  • $BTC is back near its all-time highs as the S&P 500 and Nasdaq Composite hit fresh records. As of now, $BTC is trading at $108,843 and $ETH is at $2,507. Bitcoin dominance stands at 65.28%.

  • June’s nonfarm payrolls are expected to show a gain of just 110,000–115,000 jobs, with unemployment ticking up to 4.3%, highlighting a cooling labor market. Markets will closely watch wage growth, sector-level hiring trends, and revisions to prior months to gauge the Fed’s next move.

  • A few headlines include: BlackRock's Bitcoin ETF earns more revenue than its $624 billion S&P 500 fund, OpenAI does not 'endorse' Robinhood tokenizing its private shares, and Ripple has applied for a national banking license from the U.S. Office of the Comptroller of the Currency.

  • During the last 24 hours, the top three gainers were $TIA, $WIF, and $BONK, while the top three losers were $AB, $WBT, and $BSV.

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