The crypto market was mixed last week, with Bitcoin remaining stuck at the resistance level at $107,000 and most altcoins plunging. Liquidations soared in the first few days of the year, while the market cap of all coins fell to $3.29 trillion. Here are the top catalysts for Bitcoin and altcoins this week. US nonfarm payrolls data The first main catalyst for Bitcoin and altcoins will be the US nonfarm payrolls (NFP) data, which will come out on Friday. Economists expect these numbers to show that NFPs fell from 139,000 to 129,000 in June as companies remained concerned about Donald Trump’s tariffs. The unemployment rate is expected to remain at 4.2%, while wage growth continued ts upward momentum. Strong jobs numbers will signal that companies are continuing hiring despite the burden presented by Trump’s tariffs. If the jobs numbers miss expectations, they will put more pressure on the Fed to slash interest rates during the month. ADP will publish its estimate of private payrolls data on Wednesday, while the Bureau of Labor Statistics (BLS) will release the latest job vacancies data. The other top macro events will be the upcoming ISM and S&P Global manufacturing and services PMI numbers. These are important leading indicators that provide more information about the state of the economy. OPEC+ meeting The other potential catalyst for Bitcoin and altcoin prices will be the upcoming OPEC+ meeting this week. This is a closely-watched monthly meeting where members deliberate on oil output or an increase. The cartel has been increasing output over the past few months, and this trend is expected to continue this week. Analysts expect the increase to come in at 411,000 barrels per day in August. The increase is being driven by the cartel’s goal of gaining market share in the oil market. It is also happening as some cartel members boost their overproduction. Iran is expected to boost more production after the recent war ended. OPEC+ meeting impacts Bitcoin and altcoin prices because of its impact on crude oil prices. Higher oil prices lead to inflation, which may push the Fed to maintain high interest rates for longer. Lower oil prices often contribute to low inflation, which may catalyze interest rate cuts, boosting crypto prices. Brent and WTI prices have dropped in the past few days as the crisis in the Middle East ended. The tariff deadline is nearing The next catalyst for Bitcoin and altcoin prices will be the upcoming July 7 tariff deadline by the United States. With the deadline nearing, traders will watch out on whether Trump will reach deals with some key markets like Japan, South Korea, and the European Union. A tariff deal, such as the one the US reached with China, will be bullish for the crypto market because it will trigger a risk-on sentiment among market participants. Trump has already reached a deal with China and the UK, and more countries are expected to sign agreements. Top token unlocks this week Some crypto prices will be impacted by token unlocks this week. A token unlock occurs when new tokens are released to the market according to the vesting schedule. A token unlock often leads to higher supply in the crypto market, which may lead to lower prices. Some of the top token unlocks scheduled for this week are Origin Protocol, Maverick Protocol, Adventure Gold, Gravity, NAVI Protocol, and Alchemy Pay. Further crypto prices may react to the start of July, which is historically a bullish one for them. The average monthly return in July on Bitcoin is 7%, higher than June’s minus 2%. Finally, traders will focus on the surging Bitcoin and Ethereum ETF inflows. The post Top catalysts for Bitcoin and altcoins this week appeared first on Invezz
Donald Trump’s increasing endorsement of Bitcoin has sparked a heated debate, with economist Peter Schiff warning that this shift could undermine the U.S. dollar’s global dominance. While Trump highlights Bitcoin’s
The altseason, one of the most anticipated events of the crypto bull market, may potentially remain on hold following recent insights by some prominent market analysts. Notably, the current crypto cycle has shown little progress toward a true altseason, with Bitcoin Dominance holding strong, signaling a continued preference among investors for the leading cryptocurrency over alternative digital assets. Bitcoin Dominance Tipped To Hit 74%, Altseason Remains Elusive In an X post on June 27, renowned market analyst with X username Rekt Capital projected the Bitcoin Dominance (BTC.D) to experience a steady rise to 74%. Following Bitcoin’s price dip in the early last week, the analyst highlighted a successful retest of the 64% dominance level noting that, historically, such retests are typically followed by a continued rise without meaningful pullbacks until the 71% mark. Notably, this market insight suggests Bitcoin is likely to keep attracting a massive influx of investment suggesting an altseason may be a distant concept for the present market cycle. For context, the altseason defines a period in the bull cycle when altcoins outperform Bitcoin. It is generally indicated by a fall in Bitcoin Dominance indicating a shift in investors capital from the market leader to other cryptocurrencies. The altseason has been a major talking point in recent months as some analysts citing the staggering increase in altcoins in past recent years as a major obstacle to replicating the feat seen in 2017 and 2021. Meanwhile, other analysts have argued against this logic stating that while a broad-based altseason may be less likely, a more selective version, featuring strong performances from specific projects, remains on the table.Meanwhile, another popular market expert with X username Daan Crypto has highlighted the altcoin market’s struggling performance since 2024. The analyst explains that altcoins has been stuck in a sideways structure over the past eighteen months, lacking the clear bullish momentum seen in the Bitcoin market. According to Daan Crypto, the key resistance level for the altcoin market lies around the $1.27 trillion mark, a high from earlier in 2024. A confirmed breakout above this level could signal renewed investor appetite for altcoins and push the structural momentum needed for an altseason to begin. Crypto Market Overview At the time of writing, the total crypto market cap is valued at $3.24 trillion following a 0.08% gain in the past day. As the market leader, Bitcoin currently holds a market dominance of 64.9%. The remaining 35.1% is accounted for by the altcoin market which is presently valued at $1.11 trillion.
Moves highlight growing trend for businesses to turn themselves into proxies for the cryptocurrency
Trump's stance influenced Bitcoin's market activity positively. The EU and U.S. Continue Reading: Trump Powers BTC as European Tensions Quietly Surmount The post Trump Powers BTC as European Tensions Quietly Surmount appeared first on COINTURK NEWS .
Only a limited number of Bitcoin treasury companies are expected to weather the storm as market conditions tighten, according to a recent report from venture capital firm Breed. The report highlights the risk of a “death spiral” for firms holding Bitcoin that trade near their net asset value (NAV), potentially leading to widespread market instability. The Role of MNAV in Treasury Company Resilience The success of Bitcoin treasury companies is closely tied to their ability to maintain a market value that exceeds their NAV, referred to as MNAV. According to Breed, the higher this multiple, the greater the firm’s ability to attract critical debt and equity financing needed for converting fiat capital into Bitcoin. When this premium erodes, the risk of financial instability increases sharply. Breed outlined a seven-stage process that begins with a decline in Bitcoin’s price. As Bitcoin value falls, so does the company’s MNAV, bringing share prices closer to their underlying NAV. This dynamic reduces investor confidence and makes it increasingly difficult to raise additional capital. This lack of access to fresh credit, combined with looming debt maturities, can trigger margin calls. Firms may be forced to liquidate their Bitcoin holdings at inopportune times, further depressing the asset’s price. This may result in a consolidation wave, with stronger companies absorbing weaker ones, potentially leading to a broader crypto market downturn. “Ultimately, only a select few companies will sustain a lasting MNAV premium,” Breed’s report stated. “They will earn it through strong leadership, disciplined execution, savvy marketing, and distinctive strategies that continue to grow Bitcoin-per-share regardless of broader market fluctuations.” Equity Financing Provides Some Market Protection The report notes that the potential fallout from the “death spiral” may be limited, at least in the near term. Breed’s researchers said most Bitcoin treasury companies are currently funding their operations through equity rather than debt. This reduces the risk of forced Bitcoin sales due to debt pressures, which could otherwise cause more significant market disruptions. However, this balance could shift in the future. If debt financing becomes more attractive or widespread, the sector might face deeper vulnerabilities, increasing the chance of systemic risk. Treasury Bitcoin Holdings Surge in 2025 The corporate Bitcoin treasury trend has grown rapidly, especially since 2020 when Michael Saylor’s company, Strategy, began acquiring large quantities of Bitcoin as part of its financial strategy. Since then, the idea has caught on across the financial world. In 2025, over 250 entities now hold Bitcoin as a treasury asset. These include corporations, pension funds, ETFs, government agencies, and crypto service providers. Breed’s report warns that only a fraction of these entities are structurally sound enough to withstand extended volatility and maintain a MNAV advantage. The concern is that others, particularly those heavily reliant on market price appreciation and external financing, may not survive prolonged market downturns. As competition intensifies and the market consolidates, only the most disciplined and strategically agile companies will likely remain standing.
Bitcoin is rapidly emerging as a serious strategic reserve asset, and India now faces a critical economic moment that could redefine its global financial leadership trajectory. Bitcoin Reserve Strategy Gains Attention as India Faces Economic Crossroads Growing adoption of bitcoin as a strategic reserve asset is prompting countries to reconsider BTC’s role in national economic
According to recent market intelligence from COINOTAG News on June 29th, the U.S. Senate has secured sufficient support in a procedural vote to advance the Trump administration’s proposed tax reform
Bitcoin shows strong fundamentals, but weak sentiment keeps traders cautious.
According to HyperInsight data reported by COINOTAG News on June 29th, trader James Wynn initiated a significant Bitcoin short position on the Hyperliquid exchange. The position, leveraged at 40x, carries