Weekly BitMart Market Quotes is reported 7-13 July

This week's crypto market dynamics

BTC broke through its all-time high on July 11, hitting a range of $118,000 to $118,839, mainly due to short covering and a surge in Bitcoin ETF inflows ($1.18B in a single day, about $51B in 2025). The technical side forms a classic cup handle breakout structure and is confirmed by MACD momentum, and analysts expect about 14% upside going ahead

ETH rose about 16% this week, reaching the $3,000 mark. While the gains were stronger than most altcoins, they are still relatively lagging behind Bitcoin's dominance. At present, the ETH price is consolidating near the key resistance level of $3,050, and the bulls and bears are stuck in the short term. In the future, we need to pay close attention to the breakthrough of 3,100 USDT and whether the trading volume will cooperate with the amplification.

This week's top coins

In terms of popular coins, BTC, XRP, XLM ETH and ADA all performed well. BTC is up 12.83% for the week, breaking through its all-time high and currently trading at $122,960.65. XRP has risen by 30.9% and has a current market cap of $175.7B. XLM has risen by 94.59% this week, with a maximum price of 0.5154 USDT.

U.S. market and hot news

S&P 500 and Nasdaq hit record highs: On July 10, both the S&P 500 and Nasdaq set new closing records, driven by continued efforts by tech giants and solid corporate earnings. Large-cap leads, small-caps underperform: Year-to-date, large-cap returns have outpaced small- and mid-cap stocks, with funds further concentrated in high-quality large-cap stocks.

U.S. House Financial Services Committee: The week of July 14 is "Crypto Week", and a number of crypto bills will be considered

Popular sections and items are unlocked

RWA

Benefiting from the long-term strength of the RWA market and its own strong and scalable network, the ALGO price has steadily risen from around 0.19 USDT and has now broken through the 0.28 USDT mark and hit a high of 0.28823 USDT. The market broke through multiple key resistance areas and closed above the trend line, especially when it broke through the key level, accompanied by a significant increase in volume, indicating that the buying force was positive and the upward momentum was effectively supported by funds.

Sei (SEI) will unlock approximately 55.56 million tokens, a ratio of 1.00% to the current circulating supply, at 8 p.m. Beijing time on July 15, worth about $18 million

Starknet (STRK) will unlock approximately 127 million tokens, a ratio of 3.53% to the current circulating supply, at 8 a.m. Beijing time on July 15, worth about $17.6 million

Official Trump (TRUMP) will unlock approximately 90 million tokens, 45% of the current circulation, at 8 a.m. Beijing time on July 18, worth about $878 million

Risk Warning:

Use of BitMart services is entirely at your own risk. All cryptocurrency investments, including gains, are highly speculative in nature and involve a significant risk of loss. Past, hypothetical or simulated performance is not necessarily indicative of future results.

The value of digital currencies may rise as well as fall, and buying, selling, holding or trading digital currencies may involve significant risks. You should carefully consider whether trading or holding digital currencies is suitable for you in light of your personal investment objectives, financial situation and risk tolerance. BitMart does not provide any investment, legal, or tax advice.

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