$BTC retraced most of its losses, with $ETH notably outperforming. As of now, $BTC is trading at $118,683 and $ETH at $3,373. Bitcoin dominance stands at 63.02%.
A second procedural vote in the U.S. House to advance three crypto-related bills—including those on stablecoins and a proposed CBDC ban—has stalled again due to Republican holdouts demanding stronger CBDC restrictions. As a result, "Crypto Week" remains in limbo as leadership and conservatives debate whether to vote on the bills separately or as a package.
A few other headlines include: U.S. June PPI (YoY) came in at 2.3% (exp: 2.5%), the lowest since September 2024; Strategy closes with an all-time high market cap of $128.4 billion; and rumors are circulating that Fed Chair Jerome Powell’s firing is imminent.
During the last 24 hours, the top three gainers were $FLOKI, $BONK, and $CRV, while the top three losers were $TKX, $PUMP, and $M.
