Daily Market BriefJul 7, 2025

Daily Market Brief 250707

  • $BTC continues to trade near highs. As of now, $BTC is trading at $109,206 and $ETH is trading at $2,570. Bitcoin dominance stands at 65.30%.

  • This week’s calendar includes the expiration of U.S. tariff exemptions on Wednesday, which could restore Trump-era “reciprocal” tariffs for countries that haven’t secured new deals, followed by FOMC minutes and U.S. unemployment claims on Thursday.

  • A few headlines over the weekend include: LetsBONK surpassing Pump.fun with higher daily memecoin volume and token launches, the TON Foundation offering a path to a 10-year UAE 'Golden Visa' for $100k in staked TON—which the UAE government has denied—and prices of tokens such as HIFI, BMT, CHESS, SOON, and OBOL experiencing an abnormally large drop.

  • During the last 24 hours, the top three gainers were $B, $BONK, and $FLOKI, while the top three losers were $TKX, $AERO, and $JTO.

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