INSANE RALLY IN BITCOIN
Bitcoin surged +$4,400 in just 50 minutes and hit a high of $69,700 for the first time in over 2 months.
Over $1 Billion worth of shorts were liquidated in just 60 MINUTES.
🇺🇸 ETF FLOWS: SOL and XRP spot ETFs saw net inflows last week, while BTC and ETH spot ETFs saw net outflows.
BTC: -$526.64M
ETH: -$13.67M
SOL: $5.75M
XRP: $17.19M
July has historically been altcoin season's favorite month
Per historical price data, $LINK has averaged +15.8% in July, closing green in six of the past eight years. $ADA has averaged +11.2%, green in six of the last nine, including +29.3% last year.
$XRP hasn't printed a red July candle since 2020, per The Crypto Basic. Past performance guarantees nothing, but the seasonal pattern is one of crypto's most consistent.
🚨LATEST: RUSSELL 2000 ENTRANT $FWDI JUMPS 18% AFTER ADDING 500,000 SOL
Solana's LARGEST public treasury company, Forward Industries, just added over 500,000 SOL last quarter, boosting its holdings to 7.55 million SOL worth nearly $580 million.
The announcement sent shares soaring nearly 17%, with further upside expected as the stock enters the Russell 2000 and Russell 3000 indexes, positioning it to benefit from passive index fund inflows.