Cryptocurrency News & Analysis, Date: July 8, 2025
Cryptocurrency News & Analysi s Date : July 8, 2025 Market Overview Global Crypto Market Cap : $3.34–$3.36 trillion, down about 0.9–4.6% in the last 24 hours. Market Sentiment : The Fear & Greed Index stands at 50 (Neutral), reflecting uncertainty and mixed p run sentiment. Key Drivers : US President Trump’s announcement of tariffs on 14 countries (including Japan, South Korea, Malaysia, Indonesia, Kazakhstan) effective August 1 is causing short-term jitters in the crypto market. Bitcoin futures open interest has risen 7% over the past 30 days, indicating increased trader confidence. Major US macroeconomic events this week (Treasury auctions, Fed minutes, jobless claims) are expected to influence capital flows between crypto and traditional assets. Major Cryptocurrencies Coin Price (USD) 24h Change Key Notes Bitcoin $107,800–$108,216 -0.6% to -1.5% Facing resistance at $110,000, support at $107,100 Ethereum $2,500–$2,567 -1.7% to +1.8% Institutional interest strong, ET...