Galaxy Digital CEO Michael Novogratz says crypto's tape has turned, with trading volumes up 20-30% month-over-month and the Robinhood Chain launch showing what happens when a broker with 15 million US customers walks into DeFi.
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The Digital Asset Market Clarity Act enters the decisive stretch of its legislative life on July 13, when the Senate returns with roughly three working weeks to schedule a vote before the August recess, a window analysts describe as the last realistic gate for passage in 2026.
Bitcoin's ratio to gold has fallen further below its long-term trend than at any point since 2010. The oscillator tracking that gap printed minus 1.81 standard deviations this week, a deeper reading than either the 2015 or 2022 bear market lows.
The White House pushed back on July 9 against Senate Democrats' claims that the Trump administration is refusing to nominate Democratic commissioners, saying it requested names for vacancies at the SEC and CFTC and "has not received names in response."
Bitmine Immersion Technologies (BMNR) Announces Total Crypto and Cash Holdings Top $11.1 Billion Now
PRNewswire, PRNewswire, 6th July 2026, Chainwire
Nine of the ten largest privacy-focused cryptocurrencies closed the week green, with gains reaching 27%, extending one of 2026's most persistent sector narratives.
Bitcoin is sitting at a genuine structural threshold, the closest it has been to aggregate break-even since early 2023, while price attempts a leverage-assisted recovery off $58,500.
Kalshi is no longer just a platform for predicting election outcomes or hurricane paths. In a recent interview on The Journeyman, CEO Tarek Mansour revealed that crypto has become the exchange's fastest-growing vertical, exploding 25x in volume since the start of the year.
June 2026 was a structurally significant month for Bitcoin, not just a down one. The clearest evidence is in the ETF data: spot Bitcoin funds bled capital continuously, without a single positive week.
At $71 at the time of writing, SOL trades below every major moving average in a downtrend that's run since October 2025, but it's also resting directly on top of the largest concentration of recent buyers in its history.
Two on-chain signals are flashing together: long-term coins that move are now changing hands at a loss, and the profit/loss ratio of spent coins sits at bear-market lows.
Fundstrat's Tom Lee has a specific analogy for where crypto sits right now, and it's worth unpacking.