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Bitcoin slips to $106,380 as traders await SEC's ETF reforms.
TRON defies the dip, gaining 0.46% in the last 24 hours. Stablecoins also remain stable, providing much-needed liquidity in the cryptocurrency market today.
Deutsche Bank plans to launch crypto custody in 2026, partnering with Bitpanda and Taurus.
Crypto prices today show bearish sentiment as most major tokens have dipped in the past 24 hours. The global market cap has decreased by 0.74% to $3.27T as of 11:03 AM on July 1, 2025. Bitcoin and Ethereum have edged lower, followed by major altcoins.
TRON, however, has defied the downtrend, supported by positive fundamentals. Policy updates from the US SEC and banking news from Europe have kept sentiment mixed across markets. Let’s break down the latest crypto market shifts so you can invest with confidence.
The crypto prices today reflect cautious trading. Here’s how the world’s top ten tokens performed in last 24 hours:
Bitcoin (BTC) is trading at $106,380.71, down 0.53% in the last 24 hours. Though the decline is modest, it brings BTC closer to the key $106,000 support zone. A break below this level could trigger large-scale liquidations.
Ethereum (ETH) slid by 1.12% to $2,438.07, reflecting broader consolidation in major assets.
Despite the dip, BTC and ETH still command strong market dominance. Bitcoin’s current market cap is over $2.11 trillion, as Ethereum nears $294 billion mark.
Among top altcoins, TRON (TRX) stood out with a 0.46% gain, trading at $0.2806. Analysts credit its resilience to high user activity and favorable developer interest.
In contrast, Solana (SOL) dropped by 2.42% to $149.03 and Cardano (ADA) slipped by 2.34% to $0.5526. XRP and BNB followed a similar trend, with mild losses of 1.67% and 0.37%, respectively. Dogecoin (DOGE) also declined by 2.33%, despite increased meme coin buzz last week.
Tether (USDT) and USDC held their pegs firmly, continuing to provide liquidity across exchanges. Both the stablecoins stabilized at $1.00 price level.
Also Read: XRP Nears $2.25: Will the Bulls Take Control This Time?
A mix of regulatory reforms, institutional expansion, and political turmoil is shaping the crypto market today. Here is a snapshot of major developments affecting crypto prices today:
The US Securities and Exchange Commission (SEC) is reportedly considering a new listing standard. It would allow crypto ETFs to bypass the cumbersome 19b-4 application process. Issuers would be able to simply file Form S-1 and wait 75 days for automatic approval.
This move, first reported by journalist Eleanor Terrett, could significantly speed up altcoin ETF listings. It will also fuel renewed inflows into the crypto market. Terret broke the news in a post on X (formerly known as Twitter):
In Europe, Germany’s Deutsche Bank confirmed plans to launch a digital asset custody service in 2026. The service will be developed in partnership with Bitpanda Technology Solutions and Taurus, a Swiss fintech backed by Deutsche.
“Banks have a wide variety of options available to engage in the stablecoin industry,” said Sabih Behzad, Deutsche’s head of digital assets. The announcement signals that even traditional financial giants are betting on long-term adoption of cryptocurrencies. Thus, reinforcing bullish sentiment across the sector.
In Washington, crypto became a focal point in the heated debate over Trump’s ‘One Big Beautiful Bill Act.’
Senator Cynthia Lummis introduced an amendment aimed at correcting the ‘unfair tax treatment’ of digital assets. The amendment proposes that crypto transactions under $300 remain untaxed. Income from airdrops, staking, and mining will also be deferred until actual sale.
Perhaps the most unexpected development is the public fallout between US President Donald Trump and Elon Musk. The feud marks a breakdown of the DOGE-era alliance, which once symbolized their shared crypto vision.
The split could lead to market volatility. Trump may call on regulatory agencies to probe Musk’s firms or reduce federal crypto support in retaliation. Tesla currently holds $1.2 billion in Bitcoin. Both Tesla and X are heavily tied to crypto infrastructure. Therefore, analysts fear that a politicization of crypto regulations could impact a market-wide crypto price dip in turn.
While crypto prices are slightly down today, the macro developments from regulators and institutions paint a bullish long-term outlook. Deutsche Bank’s entry into crypto custody and the SEC’s potential ETF reform could set the stage for renewed momentum. For now, traders are watching Bitcoin’s next move around the $106K support. They are advised to wait for official confirmation on the new crypto ETF rules before making any investment plans.
Also Read: Why Altcoin Traders Should Trade Smarter, Not Hold in 2025
1. What are crypto prices today?
Bitcoin is at $106,380.71, Ethereum at $2,438.07, with most altcoins slightly down except TRON.
2. How much is 1 crypto worth today?
1 BTC is $106,380.71, 1 ETH is $2,438.07, 1 TRX is $0.2806, and 1 DOGE is $0.1599.
3. Why is the crypto market down today?
Prices dipped due to ETF uncertainty, political tension, and the Trump–Musk rift affecting sentiment.
4. Which altcoin gained today?
TRON (TRX) gained 0.46% while others like Solana and Dogecoin saw losses.
5. What’s the major news in crypto today?
SEC may ease ETF rules, Deutsche Bank plans crypto custody, and Trump attacked Musk over DOGE.
