The cryptocurrency market began the week on a positive note, with a market capitalization of 3.92 dollars, up 1.29%. Bitcoin (BTC) experienced a relatively stable price, holding about $ 118,000. However, the rally is led by altcoins such as Ethereum (ETH), Solana (Sol), Dogecoin (Doge) and others. BTC exchanged flat this weekend and started the week with a drop at $ 116,710. However, it got back to this level and increased to $ 118,365, recording a marginal increase in the last 24 hours.
ETH led to recent sessions, with the second largest cryptocurrency in the world up almost 4% in the last 24 hours, a merchant about $ 3,785. XRP increased by more than 3%, exchanging about $ 3.51, because it looks at a new summit of all time. Meanwhile, Solana (soil) increased by more than 6%, merchant about $ 188, buyers looking for a push to $ 200. Dogecoin (DOGE) is up almost 10%, negotiating about $ 0.271, while ADA increased by more than 5%. Stellar (XLM), Hedera (Hbar), ChainLink (Link), Litecoin (LTC), Toncoin (Ton) and Polkadot (DOT) also recorded notable increases.
The United States MP Marjorie Taylor Greene criticized the law on engineering, declaring that it creates a stolen door so that the government created a digital currency of the Central Bank (CBDC) as an cryptographic tokens issued by private. The legislator added that the regulated stablecoins could include surveillance capacities, which makes them indistinguishable from CBDC. Greene warned that these tokens could be armed against individuals by an authoritarian government, expressing a deep distrust of government control over monetary systems. She also added that the legislation has enabled the government to potentially control the capacity of citizens to buy and sell using digital money systems.
Indian Crypto Exchange Coindcx has become the last exchange to be struck by a security violation. The exchange confirmed the hack, the attackers draining $ 44 million from the platform. However, the platform assured users that customer funds have remained safe and that hacking was limited to an internal operational account. The company published a first incident report during the weekend, adding that it absorbed total exposure using its cash reserves. The incident highlights growing security threats in the cryptography ecosystem.
The founder of Cardano, Charles Hoskinson, asked for additional transparency on the initial audit of the ADA holdings of the global entry (IOG). However, he provided that the report would be set for public release in a month. Hoskinson declared in an article on X: “I have just received the first copy of the audit report. I asked for many more details and context in several areas, but it looks quickly. I believe that we are planned for a version in mid-August, assuming that the work continues at this rate and that there is no delays. ” Hoskinson had announced that he would publish an audit report from Iog Treasury Holdings after reporting that $ 600 million in ADA had been diverted. Hoskinson said he was deeply injured by the distrust of the community.
Bitcoin (BTC) recovered the level of $ 119,000 after having made a slow start of the week, registering only marginal gains earlier during the day. The flagship cryptocurrency increased by more than 1%, a merchant about $ 119,500, buyers trying to take momentum and recover $ 120,000. The price action was silent this weekend, recording a marginal drop on Saturday and lowering 0.48% on Sunday to settle at $ 117,240, but not before falling to a hollow of $ 116,208. Merchants are waiting for the next catalyst to stimulate the higher BTC price.
The flagship cryptocurrency concluded a consolidation phase after the rally on Monday to a new record of all time, negotiating in a narrow range between $ 117,000 and $ 120,000. BTC maintained its position greater than $ 117,000 at $ 118,000, indicating that the bulls did not give in to the soil to the sellers. However, analysts believe that the BTC is preparing for a big decision, which could see it test the level of $ 123,000 and the return to discovery of prices. The merchant Marcus Corvinus said: “BTC is preparing for a large movement. Bitcoin moves in a triangle model and remains above strong support around $ 116,000 at $ 117,000. Right now, it’s going to the side but not for long. ” An escape greater than $ 123,000 could exceed the BTC of $ 125,000. However, if it slides below $ 117,000 at $ 118,000, markets can expect a drop to $ 110,000 or less.
Analyst Rekt Capital has made a similar prediction, declaring that capital will continue to switch to Altcoins as long as BTC remains in its consolidation range. “Bitcoin remains in the range and consolidation continues, facilitating the additional silver flow in altcoins. Break this lower (black) lower in the range, however, and Bitcoin will challenge the high range for another attempt to break.” BTC Bulls will seek to maintain control and create momentum for a thrust beyond $ 120,000. However, if consolidation continues, we could see the Altcoins pushing higher.
The amazing rally of Ethereum (ETH) continued during the weekend when it recorded an increase of 1.31% on Saturday and exceeded $ 3,700 on Sunday, increasing by 4.53% to $ 3,757. Buyers have retained control during the current session, while ETH is looking to exceed $ 3,800. The second largest cryptocurrency in the world has exchanged a positive territory since last Sunday and has increased by more than 150% since its lowest level of this year. According to Sosovalue data, ETH rally coincided with the rise in ETF entries during the week, adding more than $ 2 billion, the biggest weekly gains never recorded. The entries were significantly higher than the $ 907 million in the previous week and marked the 10th consecutive week of positive entries. The adoption of the law on engineering has also helped ETH rally, as well as the accumulation of ETH in Sharplink. The company has become one of the greatest holders of ETH companies, reflecting the success of the strategy in the accumulation of BTC. Open interests also reached a record summit of $ 51 billion over the weekend, indicating an increase in demand. Chain data show that ETH rally continues to grow, and the token rally could continue. Analysts highlighted $ 4,000 as the following level to look at. However, the token is exaggerated and could drop before resuming its upward trend.
Solana (Sol) exceeded $ 190 during the current session, setting its goal on $ 200, a level not seen since February 2025. The analysts stressed on Friday that Sol approached its last major resistance at $ 180. The price crossing this level during the current session, an overtaking of $ 200 could be on the cards if buyers can keep the momentum. However, with the RSI in the excessive area, the price could record a short-term drop, perhaps below $ 180.
Dogecoin (Doge) lost momentum during the current session, with the price of more than 2%. However, its rally saw the popular increase in key memecoin levels. DOGE started the previous weekend in positive territory, reaching an intra-day summit of $ 0.214 before settling at $ 0.201, finally recording an increase of 2.55%. However, he lost momentum on Saturday, lowering 1.89% to $ 0.197. DOGE recorded a marginal increase on Sunday, but was back in red on Monday, lowering from 0.61% to $ 0.196 despite an intraday summit of $ 0.211. The price recovered on Tuesday, up 1.32% and settled at $ 0.199. The bullish feeling intensified on Wednesday when Doge increased by almost 7% to $ 0.212.
Celestia (TIA) exceeded $ 2 during the weekend, while it continues to push around $ 2.50. TIA started the previous weekend in positive territory, increasing by more than 5% to reach an intra-day summit of $ 2.06 before settling at $ 1.93. He lost momentum on Saturday, lowering 4.34% to $ 1.85, but recovered on Sunday, increased by 2.12% and settled at $ 1.89. TIA ran to an intra -day summit of almost 2% on Monday. However, he lost momentum after reaching this level and settled at $ 1.85, finally recording a drop of almost 2%. The price recovered Tuesday, increased by 6.53% and settled at $ 1.97. Buyers kept control on Wednesday while TIA increased by almost 1% and moved to $ 1.99.
Jupiter (JUP) recorded a marginal increase on Friday July 11, up 0.56% to $ 0.487. However, he lost momentum on Saturday, lowering more than 3% to $ 0.472. The price recovered on Sunday, increasing by almost 7% to finish the weekend at $ 0.504. JUP ran to an intra -day summit of $ 0.531 on Monday, but lost momentum after reaching this level, finally moved to $ 0.498. The price plunged to an intraday lower of $ 0.474 on Tuesday before recovering to record an increase of 2.95% and to be $ 0.513. Buyers kept control on Wednesday while JUP increased by 5.51% and moved to $ 0.541.
