Market

On July 10, BTC rose 2.39% and hit a new high, ETH surged 8.35%, and mainstream altcoins rose, of which BONK rose nearly 28%. ETFs continued to see net inflows, with more than $3.8 billion in BTC and ETH contracts liquidated. On the macro front, U.S. inflation expectations fell to a five-month low. The total market capitalization of stablecoins rose to $259.7 billion, and Ethereum gas fees rose. In terms of industry hotspots, Pump.fun will open a public sale of PUMP tokens valued at $4 billion on July 12; Ripple's stablecoin RLUSD exceeded $500 million in circulation, ranking in the top 20, and RWA lock-up reached a record high of $6.1 billion, with BlackRock accounting for nearly half of the market, and the pace of institutional entry accelerated. (Click to view the full article)