šŖ Bitcoin & Major Coins
- Bitcoin is trading around $110,000, consolidating after strong ETF inflows and policy-driven volatility. Analysts expect a potential breakout, especially if key U.S. labor data meet forecasts.
- Ethereum remains under pressure, pulled down by broader crypto sell-offs tied to both technical corrections and global economic concerns.
š§ Altcoin Highlights
- SUI is priced around $2.79, dipping slightly over the past day amid overall market softness.
- XRP continues its sideways trend between $2.10ā$2.35, trading with low momentum as Rippleās U.S. bank license application remains under review.
- Pi Network shows minimal moves, hovering near recent levels; volatility remains subdued.
š Market Macro & Sentiment
- ETF inflows are sustaining Bitcoin strength, but global geopolitical tensions and upcoming U.S. data create cautious trading patterns.
- Liquidations exceeding $600 million in recent sell-offs reflect lingering risk aversion tied to events like U.S.āIran tensions.
š® Whatās Next?
- A decisive breakout above $110,000 for Bitcoin could signal a bullish summer trend if supported by strong macro indicators.
- Ethereum and altcoins will likely follow direction set by Bitcoin and broader sentiment shifts.
- XRP's movement depends heavily on regulatory outcomes, while Pi Network awaits fresh catalysts to break its sideways trajectory.
Source: Coinpedia market digest, July 3, 2025