You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.
Bitcoin and Ethereum Technical Explanation
Bitcoin continues its volatile rise. Having reached the $122,000 region, BTC will target a new ATH as long as it remains above the $117,300 support. After breaking through the $123,100 region, it can be expected to reach the $127,000 area. In the event of a pullback, the $114,000 area will be closely monitored.
Ethereum, on the other hand, has broken its downward trend from 2021, which we mentioned in our previous newsletters. ETH's short-term potential has increased significantly following this breakout. The $4140 support and $4370 resistance levels are areas to be closely monitored.
Crypto News
- BlackRock Ethereum ETF saw $640 million in inflows.
- Luna founder Do Kwon has decided to plead guilty in the Luna stablecoin case, and therefore the hearing in January 2026 will not be held.
- Trump extended China's tariff period by 90 days.
- Coinbase Ventures purchased TON tokens directly from Telegram, according to a statement from an executive at the TON Foundation.
- SUI treasury Mill City Ventures purchased $20 million worth of $SUI.
- Fundamental Global announced it purchased $47,331 worth of $ETH for $200 million. The company will stake its assets to participate in Ethereum-based RWA and stablecoin yield strategies.
- Trump Media plans to launch a BTC-ETF later this year. It has filed an updated S-1 with the SEC.
- Strategy purchased 155 Bitcoin.
Cryptocurrencies
Top Gainers:
- PROVE → Up 11.6% to $1.59
- WEMIX → Up 5.5% to $0.83605867
- BIO → Up 5.4% to $0.12761396
- CTC → Up 5.4% to $0.70740814
- BTSE → Up 2.9% to $1.64
Top Losers:
- FARTCOIN → Down 17.5% to $0.83945303
- ZORA → Down 15.3% to $0.11520258
- IP → Down 15.0% to $5.73
- PENGU → Down 11.9% to $0.03532916
- BONK → Down 11.2% to $0.00002435.
Fear Index:
- Bitcoin: 69 (Greed)
- Ethereum: 58 (Greed)
Dominance:
- Bitcoin: 60.51% ▼ 0.36%
- Ethereum: 13.28% ▲ 1.36%
Total Daily Net ETF Inflows
- BTC ETFs: $403.90 Million
- ETH ETFs: $461.00 Million
Global Markets and the Most Valuable Companies and Stock Prices
July inflation data will be released in the US today at 3:30 PM GMT. Annual CPI is expected to rise in both headline and core figures. This expectation led to a sell-off in US stock markets yesterday, but US and European futures, as well as Asian stock markets, are positive this morning. The VIX rose to 16.25, indicating a slight weakening of risk appetite ahead of the data. The market expects the CPI to rise by 0.2% monthly and 2.8% annually.
- NVIDIA (NVDA) → $4.44 trillion market capitalization, $182.06 per share, down 0.35%.
- Microsoft (MSFT) → $3.88 trillion market capitalization, $521.77 per share, down 0.05%.
- Apple (AAPL) → $3.37 trillion market capitalization, $227.18 per share, down 0.95%.
- Alphabet (GOOG) → $2.43 trillion market capitalization, $201.63 per share, down 0.23%.
- Amazon.com (AMZN) → $2.36 trillion market capitalization, $221.30 per share, fell 0.62%.
Borsa Istanbul Updates and Most Valuable Companies
Industrial production increased by 0.7% month-on-month and 9.2% year-on-year in June. Adjusted for calendar effects, the annual increase was 8.3%. The defense industry supported production in the second quarter. The Treasury borrowed 80.5 billion TL in a 2-year bond auction yesterday, with an interest rate of 40.39%. 10-month bonds and 2-year lease certificates will be sold today. Exports increased by 7.9% to $20.5 billion in June, and imports increased by 15.2% to $28.7 billion. The current account balance is expected to be $2.2 billion in deficit. The BIST100 rose by 0.6% yesterday. Geopolitical developments and the US inflation data, due at 3:30 PM, will be closely monitored today, with a slightly bullish trend expected in the index.
- QNB Finansbank (QNBTR) → Market capitalization of 1.01 trillion TL, price per share of 290.25 TL, decreased by 0.86%.
- Aselsan Elektronik Sanayi (ASELS) → Market capitalization of 661.69 billion TL, price per share of 142.00 TL, decreased by 0.35%.
- Turkish Airlines (THYAO) → Market capitalization of 622.58 billion TL, price per share of 42.08 TL, decreased by 0.81%.
- Tüpraş Türkiye Petrol Rafinerileri (TUPRS) → Market capitalization of 610.29 billion TL, price per share of 698.50 TL, increased by 0.93%.
- Koç Holding (KCHOL) → Market capitalization of 594.71 billion TL, price per share of 132.10 TL, increased by 0.38%.
Precious Metals and Currency Prices
- Gold: 4385 TL
- Silver: 49.50 TL
- Platinum: 1754 TL
- Dollar: 40.72 TL
- Euro: 47.32 TL
We look forward to bringing you the latest updates again tomorrow.
