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 updated its current ATH to $123,800 as of yesterday. As mentioned in our BTC analysis, we stated that it would be beneficial for the price to pull back from the resistance zone after reaching it. BTC, which has been revisiting its ATH for several days, has now broken through a key resistance area. The $115,000 zone will be closely watched.
Ethereum, as seen in the chart we shared in yesterday's updated analysis, experienced a pullback after a trend reversal. As long as it remains above the $2,880–$2,900 region, the positive outlook will continue.
Crypto News
- Standard Chartered has begun offering spot trading services for Bitcoin and Ethereum to corporate clients through its UK subsidiary. The bank has become the first major global bank to offer this service. (Reuters)
- The Federal Reserve and US regulators issued a statement confirming that banks are allowed to hold Bitcoin and other cryptocurrencies.
- Ondo Finance is accelerating development of a full-stack RWA platform with the acquisition of Strangelove.
- MicroStrategy purchased 4,225 Bitcoin at an average price of $111,827 between July 7 and July 13.
Cryptocurrencies
Top Gainers:
- FUN → Up 15.2% to $0.02259278
- USELESS → Up 13.3% to $0.34701556
- BDX → Up 11.5% to $0.0699264
- 1INCH → Up 11.2% to $0.34411542
- BONK → Up 7.4% to $0.00002875
Top Losers:
- M → Down 26.6% to $0.41467673
- MOG → Down 15.1% to $0.00000158
- KTA → Down 14.7% to $0.79702945
- DOG → Down 11.3% to $0.00400906
- CRO → Down 10.7% to $0.10273858
Fear Index:
- Bitcoin: 73 (Greed)
- Ethereum: 63 (Greed)
Dominance:
- Bitcoin: 64.37% ▼ 0.23%
- Ethereum: 9.87% ▲ 0.26%
Total Daily Net ETF Inflows:
- BTC ETFs: $297.40 million
- ETH ETFs: $259.00 million
Data to Watch Today
- 3:30 PM – Core Consumer Price Index (CPI) (Monthly) (June)Expectation: 0.3% | Previous: 0.1%
- 3:30 PM – Consumer Price Index (CPI) (Annual) (June)Expectation: 2.6% | Previous: 2.4%
- 3:30 PM – Consumer Price Index (CPI) (Monthly) (June)Expectation: 0.3% | Previous: 0.1%
- All Day – Turkey: Democracy Day – Holiday
Global Markets
Markets are focused on today’s U.S. June inflation data. Rising trade tensions and uncertainties are keeping investors cautious, while the market’s overall response to tariff threats has been limited. Bond yields in the U.S. and Europe rose slightly; U.S. stock markets moved higher, while Eurozone stocks declined slightly.
In response to Trump’s announcement of a 30% tariff, the EU announced it would take countermeasures if no agreement is reached by August 1st. However, the EU Trade Commissioner noted that negotiations were ongoing. Regarding Mexico, the White House clarified that the tariff would not apply to products covered by the USMCA.
Most Valuable Companies and Stock Prices
- NVIDIA (NVDA): $4T market cap | $164.07 per share ▼ 0.52%
- Microsoft (MSFT): $3.74T market cap | $503.02 per share ▼ 0.06%
- Apple (AAPL): $3.12T market cap | $208.62 per share ▼ 1.20%
- Amazon (AMZN): $2.4T market cap | $225.69 per share ▲ 0.30%
- Alphabet (GOOG): $2.21T market cap | $182.81 per share ▲ 0.83%
Companies with the Highest Market Capitalization on Borsa Istanbul
- QNB Finansbank (QNBTR): 989.09B TL | 295.25 TL/share ▲ 1.37%
- Aselsan Elektronik Sanayi (ASELS): 709.08B TL | 155.5 TL/share ▲ 0.97%
- Türkiye Garanti Bankası (GARAN): 577.5B TL | 137.5 TL/share ▼ 3.31%
- Koç Holding A.Ş. (KCHOL): 417.16B TL | 164.5 TL/share ▼ 0.66%
- Türk Hava Yolları A.O. (THYAO): 401.58B TL | 291.00 TL/share ▼ 0.68%
Precious Metals and Currency Prices
- Gold: 4,349 TL
- Silver: 49.48 TL
- Platinum: 1,784 TL
- USD/TRY: 40.22 TL
- EUR/TRY: 47.05 TL
We look forward to bringing you the latest updates again tomorrow.
