Cryptocurrency
Bitcoin Price Maintains $100K Level but Altcoin Season Gains Momentum: Your Weekly Crypto Recap

After last week’s triumphant surge past $100,000 following the promising news for a trade deal between the US and China, the current one began with another leg up for bitcoin but there was no all-time high despite the growing hopes.
The meeting between the two great powers took place during the weekend, and they jointly announced a tariff reduction and a pause on Monday morning. This had an immediate impact on BTC’s price, which jumped past $105,000 and neared $106,000 for the first time since January.
However, the asset faced a violent rejection at this point, and the bears pushed it south to under $101,000. Nevertheless, it managed to remain within a six-digit price territory and has stuck here ever since it broke above it on May 8.
More volatility was expected on Tuesday as the US CPI numbers came out. Although they were slightly better than expected, which raises the possibility of an interest rate reduction this year, at least in the eyes of many, BTC’s price remained relatively flat as it has recovered to around $104,000.
That expected volatility arrived a few days later when bitcoin dropped to $101,500 on Thursday amid reports that long-term holders have begun to offload portions of their holdings. Nevertheless, BTC has recovered most losses and now sits close to $104,000 once again.
On a weekly scale, its performance is quite sluggish, unlike ETH, DOGE, and HYPE. All three have jumped by double-digits and now trade close to $2,600, $0.23, and $28, respectively.
PI also had a big week as it faced massive volatility before and after Pi Network’s major announcement, which wasn’t a Binance listing as many anticipated, but a designated $100 million investment fund.
Market Data
Market Cap: $3.447T | 24H Vol: $120B | BTC Dominance: 59.9%
BTC: $103,900 (+0.7%) | ETH: $2,586 (+11.7%) | XRP: $2.42 (+2.4%)
This Week’s Crypto Headlines You Can’t Miss
These 5 Altseason Indicators Are All in Alignment, Is it Go Time For Altcoins? As the title of this Market Update suggests, there has been an ongoing narrative in the cryptocurrency community that an altseason has finally started. This article lists five major indicators suggesting that this relatively short period in the market has begun.
Arthur Hayes Predicts Capital Controls Will Propel Bitcoin to $1M by 2028. The former BitMEX CEO remains confident that BTC will eventually surge to $1 million. In his latest iteration of this prediction, he reasoned that such a spectacular 10x surge from the current levels would become possible due to the looming capital controls in the United States.
Bitcoin Metrics Align for Extended Bull Run as Price Holds Above Six Figures: Analysts. Although many believe an altseason is upon us, there are some metrics suggesting that BTC should not be counted out yet. Vital signs, such as the growing realized capitalization as well as renewed capital inflows, hint that bitcoin’s run has just started and the asset is still very much in a bull cycle.
ETH Withdrawals Surge to $1.2B Weekly as Price Nears 3-Month High. Ethereum has turned the whole narrative around it upside down in the past few weeks, and investors have started to pull out massive quantities of ETH from exchanges instead of the recent sell-offs. Its price touched a multi-month peak this week even though it was stopped above $2,700, at least for now.
Retail Bitcoin Investors Are Returning — A Sign of Renewed Confidence? Although BTC’s price rallied hard in the months after the US elections, there was no actual retail hype, unlike previous cycles. Now, though, on-chain information claims that such smaller market participants have finally reemerged, which could mean more gains in the near future but also the nearing of the cycle’s top.
Bitcoin Whales Load Up 83K BTC as Retail Sells Off: $110K Price Target in Sight? The past few weeks have seen a substantial divergence in the overall behavior between whales and smaller investors. The former cohort has continued to accumulate, while the latter has sold off some of their holdings, perhaps to realize profits during BTC’s climb above $100,000.
Charts
This week, we have a chart analysis of Ethereum, Ripple, Cardano, Hype, and Solana – click here for the complete price analysis.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
Cryptocurrency
BTCC Exchange Reports Remarkable Q2 2025 Performance with $957 Billion Trading Volume

[PRESS RELEASE – VILNIUS, Lithuania, July 4th, 2025]
BTCC, one of the world’s longest-operating cryptocurrency exchanges, today announced exceptional Q2 results for 2025, with total trading volume surpassing $957 billion and user base expanding to over 9.1 million globally. The milestone quarter was highlighted by BTCC’s 14th anniversary celebration in June.
Q2 Trading Volumes Surge with Strategic Product Expansion
BTCC’s remarkable $957 billion total trading volume comprised $107 billion in spot trading and $850 billion in futures trading, representing substantial growth from Q1’s $815 billion. The exchange strategically expanded its futures offerings by listing trending coins, including HUMA (Huma Finance), PLUME (Plume), and RESOLV (Resolv), while breaking new ground in tokenized assets by adding POPMART tokenized stock, a booming Hong Kong-listed company famous for its viral Labubu collectibles.
“Q2 2025 showed the resilience and maturity of both our platform and the broader crypto ecosystem,” said Alex Hung, Head of Operations at BTCC. “Even with market fluctuations, we achieved exceptional performance with over 9.1 million registered users now trusting our platform while staying committed to user protection.”
Beyond trading volume growth, BTCC reinforced its commitment to user safety by strengthening its Risk Reserve Fund with an additional $1.8 million, bringing the total to over $16.8 million.
Enhanced Transparency with Monthly Proof of Reserves Reports
In addition to strengthening security measures, BTCC took a major step forward in transparency by releasing monthly Proof of Reserves reports throughout Q2. The total reserve ratio across major currencies, including BTC, ETH, XRP, USDT, USDC, and ADA, consistently exceeded industry standards, with April reaching 161%, May maintaining 152%, and June achieving 135% — all significantly above the 100% industry benchmark.
Upgraded Demo Feature and Anniversary Milestone
Complementing its transparency efforts, BTCC enhanced its beginner-friendly platform with an upgraded demo trading feature that allows users to self-service top-ups of up to 500,000 USDT per week for expanded practice trading opportunities.
Building on these user-focused improvements, June 2025 marked BTCC’s 14th anniversary, a milestone celebrated with the launch of the platform’s first-ever user badge program featuring the exclusive “14 Years of Momentum” badge. Badge holders can enjoy ongoing exclusive benefits, including airdrops, special campaigns, and community recognition.
“Our 14th anniversary celebration was particularly meaningful as it honored users who have trusted us through various market cycles,” said Alex Hung. “The badge program is our way of giving back to the community that has been with us on this incredible journey.”
Global Community Engagement Takes Center Stage
Extending beyond the platform, BTCC brought the crypto community together offline with a major presence at TOKEN2049 Dubai as gold sponsor in April, hosting an exclusive desert safari tour and a VIP yacht party featuring top crypto influencers.
The exchange also demonstrated its commitment to social responsibility by partnering with Red Eagle Foundation to facilitate Bitcoin donations at the Legends Golf Day charity event in April.
Strategic Roadmap for Continued Excellence
Building on Q2’s achievements, BTCC plans to launch a comprehensive Trading Info Center in Q3, with the Quick Updates section going live in July. The exchange is also advancing its Futures Pro platform, currently in beta, with plans to roll out additional features and system optimizations.
“Our upcoming Trading Info Center represents our commitment to user-centric services, providing users with the tools they need to navigate this dynamic market successfully,” said Alex Hung. “As we enter the second half of 2025, BTCC remains committed to platform enhancement while maintaining the trust and security standards that have defined our 14-year journey.”
Looking ahead, BTCC is preparing for major community engagement initiatives, including an offline summer festival in Japan and a strategic athlete sponsorship scheduled for August 2025.
As BTCC continues to evolve and adapt to the changing cryptocurrency landscape, the exchange remains steadfast in its mission to provide secure, reliable trading services that aim to empower users to succeed in their crypto trading journey.
About BTCC
Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.
Website: https://www.btcc.com/en-US
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Cryptocurrency
Ethereum Gains 4% This Week, What are the Next Targets? ETH Price Analysis

Ethereum remains range-bound between the 100-day and 200-day moving averages, signalling a consolidation phase.
However, a decisive breakout in either direction will likely define the next major trend, with market sentiment leaning toward a potential bullish breakout in the coming days.
By Shayan
The Daily Chart
ETH is currently consolidating between the 100-day and 200-day moving averages, entering a decisive phase in its price action.
After breaking above the pivotal 200-day MA around $2.5K, an area that has acted as strong resistance in recent weeks, the price has pulled back to retest this level. This pullback is crucial: if bullish demand resurfaces and holds ETH above this moving average, it would likely ignite another leg upward, targeting the $2.8K resistance zone.
For now, the cryptocurrency appears to be range-bound between $2.5K and $2.8K, and a clear breakout from this zone will likely set the stage for the next significant trend direction. Market participants are closely watching for a bullish continuation, which could solidify ETH’s reversal structure.
The 4-Hour Chart
On the lower timeframe, ETH’s recent rally encountered resistance at a key bearish order block between $2625 and $2670, where sellers re-entered the market. This rejection has pushed the price back toward the $2.5K support level, a historically significant zone for ETH.
This area now serves as a crucial battleground. If buyers manage to defend it, Ethereum could regain momentum and reattempt a breakout above the overhead supply.
However, failure to hold $2.5K could trigger extended consolidation or even a retracement toward lower supports.
By Shayan
The funding rate remains a key indicator of market sentiment in Ethereum’s futures market. In a healthy uptrend, this metric typically trends upward, reflecting increasing confidence and positioning from long-biased traders in both spot and perpetual markets.
Currently, however, ETH’s funding rates have been declining amid price consolidation between the 100-day and 200-day moving averages. This suggests reduced bullish conviction and signs of buyer exhaustion, raising the likelihood of continued short-term sideways movement.
For Ethereum to break above the critical $2.6K and $2.8K resistance zones, stronger demand must flow into the derivatives market, lifting the funding rate to more positive levels. Until that shift materializes, the consolidation phase is likely to persist.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
Cryptocurrency
This Chinese Company is Buying a Lot of BNB, Aims to Own $1 Billion Worth

This acquisition from Nano Labs comes following their accumulation of Bitcoin, which is also part of their corporate treasury.
According to the most recent data from BitcoinTreasures, the company has exactly 1,000 BTC stashed, ranking it 31st in the list of corporate treasuries holding the leading asset.
A New Crypto Asset For Corporate Treasures
Nano Labs Ltd., a Chinese company specializing in the production of mining chips and Web3 infrastructure, which is publicly traded on the NASDAQ, has shared a press release stating that it has purchased 74,315 Binance Coin (BNB).
The price per coin averaged $672.45, and the total transaction is valued at about $50 million.
The native token of the leading crypto exchange is currently the fifth-largest by market cap, according to current CoinGecko data, hovering around the $100 billion mark.
CryptoPotato recently reported on Nano Labs’ intention to acquire BNB through a $500 million convertible note deal.
Encouraging the initiative, Binance founder Changpeng Zhao (CZ) disclosed that neither he nor any of his affiliates took part in the fundraiser, though he “remains extremely supportive.”
The company also plans to apply for a stablecoin license in Hong Kong and has specifically mentioned building regulatory frameworks for BTC & BNB.
With this purchase, their total reserve of digital currencies is around the $160M mark, which includes Binance Coin and Bitcoin.
This makes Nano Labs the first publicly traded company to hold BNB in its reserves, but others are also following suit.
Before the end of last year, the company also announced that it had begun accepting payments in Bitcoin.
“Nano Labs’ acceptance for payments in Bitcoin aligns with its long-term vision of staying at the forefront of technology advancements and delivering added value to clients worldwide. With this new capability, the Company is positioned to attract a broader range of partners and customers who value progressive financial options.”
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