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ETH $1.6K · Bitcoin rallies above $61K on softer inflation outlook ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #20 · Thursday, July 2, 2026
Market mood  Extreme Fear · 19/100  ▲ from 11 yesterday
Worth noting  Bitcoin crossed above $60,000 since yesterday.
Bitcoin and Ether recovered 4-5% amid Fed signals of easing inflation, though extreme fear sentiment persists despite the bounce.
 
 

  The Numbers

Bitcoin (BTC)$61,208  +4.5%
0.0% this week
Ethereum (ETH)$1,646  +4.9%
+0.7% this week
Total crypto market$2.20T  +3.8%
BTC dominance 55.8% · BTC 51% below its all-time high

  The Movers

Top gainers (24h)

M MemeCore+52.8%
BEAT Audiera+18.7%
LIT Lighter+16.6%
ZEC Zcash+11.4%

Top losers (24h)

STABLE ​​Stable-8.3%
CC Canton-4.1%
WLD Worldcoin-3.3%
LEO LEO Token-1.6%

From the top 100 coins by market cap.

  The Read

Where the chart sits — description, not prediction

Bitcoin is trading below both its 50-day ($67.7K) and 200-day ($75.1K) averages — the longer-term trend reads as down. Over the past 30 days it has traded between $58.6K and $66.3K; today's price sits in the middle third of that range. RSI(14) is 43 — momentum remains weak.

See all nine coins on the daily markets page →

  The Brief

 Bitcoin rallies above $61K on softer inflation outlook

Bitcoin climbed over 4% after Federal Reserve Chair Kevin Warsh signaled inflation risks had eased, reaching its strongest level in a week despite ongoing market caution. (CoinDesk)

 Solana Foundation introduces protocol-level governance framework

Solana launched a governance framework allowing validators with 100,000 delegated SOL to publish protocol proposals, expanding decentralized decision-making on the network. (Cointelegraph)

 OFAC sanctions 134 ISIS-K crypto addresses, Tether freezes funds

US regulators added 134 crypto wallets linked to ISIS-K to the sanctions list, including 131 Tron addresses that received over $1.4 million in donations. (Cointelegraph)

 Taiko restores bridge after $1.7M exploit, repays users

The Layer 2 protocol reopened its bridge after an 11-day shutdown, restoring asset backing and completing security fixes following an exploit that affected user funds. (Cointelegraph)

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Crypto 101

What is Ethereum, in one breath?

A blockchain that runs programs, not just payments. Those programs ("smart contracts") power most crypto apps — from trading platforms to digital collectibles.

“Bitcoin's supply is capped at 21 million. That's the whole pitch in one sentence.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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