Overview

• President Trump’s Truth Social posts on deficit-financed growth and praise for Bitcoin adoption propelled BTC above $108,000 on June 29–30.
• Bitcoin’s market share climbed to about 64% after altcoins lost over $300 billion this year as investor capital consolidated into the digital asset.
• The Senate-approved Genius Act now awaits House approval and the Clarity Act has been advanced for Senate floor consideration to establish a federal crypto framework.
• Total cryptocurrency market capitalization holds near $3.3 trillion with rising trading volumes and institutional inflows into spot Bitcoin ETFs.
• Market strategists point to historical July seasonality and a clearer policy outlook as potential catalysts for a Bitcoin rally above $110,000.