U.S. spot Bitcoin ETFs recorded $21.5 million in net inflows on July 7, while spot Ethereum ETFs attracted $26.9 million in net inflows.
Bitcoin pulled back from its overnight highs after renewed tensions around Iran pushed oil prices higher and pressured risk assets, with the move weighing on crypto market sentiment.
European lawmakers adopted a digital assets policy stance after MiCA’s transition period ended, calling for clearer oversight of areas such as DeFi, staking, lending and NFTs.
Dune data showed USDT strengthening its lead in onchain payments, while USDC remained dominant across DeFi and trading activity, highlighting the growing specialization of the stablecoin market.
Vanguard posted a role for a head of digital assets, signaling a potential shift in strategy from the $10 trillion asset manager after years of caution toward crypto products.
Bitcoin is trading around $62,590, while Ethereum is trading around $1,752.
The Fear and Greed Index stands at 20, indicating extreme fear in market sentiment.
