🔊Weekly Market Highlights #54: July 3 - July 9

✨In the first week of July, the crypto market did not have too many big events when the re-submission of Bitcoin ETF applications to the SEC was expected.

✨However, uncertainties are slowly forming with the latest turmoil and negative news from Binance, the Gemini - DCG conflict erupting again, and the collapse of the floor price of many large NFT sets.

✨Over the past week, the crypto market decreased by ~$30B (from ~$1,209B to ~$1,179B) of its total capitalization.

✨BTC Stalls at $30K
✅After the previous calm weekend, bitcoin finally went on the offensive on Tuesday but was stopped at just over $31K. The subsequent rejection drove it south down to $30,2K, but the bulls stepped up on the gas once more on Thursday.

✅This time, they managed to propel a more impressive price surge that drove BTC to $31,5K - the highest price tag in over a year. Yet, the cryptocurrency failed there and fell even harder: below $30K, and now the asset has remained just inches above that level.

✅Its market capitalization is $585B, and its Dominance over the Altcoins has remained the same over the past 48 hours at 50% on CMC.

✨BONE Enters Top 100
✅Shiba Inu's flagship cryptocurrency has jumped the most from the top 50 altcoins, gaining 4% daily. However, it's not just SHIB. Another token from the project's ecosystem – Bone ShibaSwap – has soared by 6% in a day and 50% weekly. As a result, BONE has entered the top 100 largest alts by market cap.

✅BSCS is trading at $0,009136, +5,86% from its 7-day low of $0,008629.

✅AVAX, TRX, ETH, DOGE, ADA, and XRP are also slightly in the green from the larger-cap altcoins, while BNB, SOL, DOT, BCH, and LTC have posted minor price drops.

✨Bitcoin Fear and Greed Index is 56 - Greed, lower than at the beginning of the week (62)

✨ Dominance:
✅BTC: 50.0%
✅ETH: 19.1%

📣Stay tuned! The market's highlights will be updated by BSCStation 😎

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