Crypto Market Today Gains 1.3% With TeraWulf, ENS and Trump Updates

Crypto Market News Today: Bitcoin Rises as ENS, BonkDAO Make Headlines

Overall Cryptocurrency News, 7 July 2026: The market gained 1.3% over the past 24 hours, with Bitcoin and Ethereum posting modest increases. Fear eased slightly, while institutional developments, funding, and security incidents influenced market sentiment.

Crypto Market Last 24 Hours Update: Prices, Volume & Trends

The global cryptocurrency market today reached a capitalization of $2.28 trillion, with an overall surge of 1.3% in the last 24 hours, while total trading volume was $82.3 billion.

Bitcoin’s (BTC) dominance in the industry remains strong at 56.2%, while Ethereum (ETH) holds 9.49%. The largest gainers in the industry over the past day are Polkadot and the XRP Ledger Ecosystem.

Bitcoin (BTC) and Ethereum (ETH) Price Analysis:

(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data recorded from CoinMarketCap)

• Bitcoin (BTC) price today reached $63,959.48, gaining 0.52%% in the last 24 hours, with a trading volume of $35.9 billion and a market cap of $1.28 trillion.

• Ethereum (ETH) price today is at $1796.21, increased 0.48% in 24 hours with a trading volume of $16.2 billion and a capitalization of $216 billion.

Top Trending Crypto Coins Price in 24 Hours:

(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap.com trending metrics.)

• Bitcoin price (BTC): $63,822.22, up 0.17%, trading volume (TV): $35.98B.

• OpenAI price (OpenAI): $0.00001002, up 0.22%, TV: $147.88M.

• Ethereum price (ETH): $1,791.26, down 0.05%, TV: $17.03B.

• XRP price (XRP): $1.13, down 1.56%, TV: $1.75B.

• Solana price Today (SOL): $81.86, down 0.07%, TV: $2.76B.

Top 3 Crypto Gainers in 24 hours (Ranked by 24-hour percentage gain):

• DeXe price today (DEXE): $27.56, climbed 13.06%, trading activity $65.71M

• Pyth Network price today (PYTH): $0.04485, gained 11.02%, trading activity $77.26M.

• LayerZero price today (ZRO): $1.01, rose 8.05%, trading activity $48.30M.

Top 3 Crypto Losers in 24 hours (Ranked by 24-hour percentage loss):

• MemeCore price (M): $1.25, down 11.68%, trading activity around $22.24 million.

• Bonk price (BONK): $0.054457, lower by 9.09%, with trading volume near $122.62 million.

• Audiera price (BEAT): $2.63, slipped 4.66%, trading activity close to $24.91 million.

Stablecoins and Defi Update:

• Stablecoins reflects 0.4% positive change over the past 24 hours, with a market capitalization of $308.2 billion and trading volume of $72.4 billion.

• The Overall (Defi) Decentralized Finance market escalated 0.3% over the last 24 hours, recording a market cap of $72.6 billion and trading volume (TV) at $3.69 billion. Defi dominance globally marked 4.4%.

Crypto Fear and Greed Index Today

Source: Alternative Me

The Crypto Fear & Greed Index improved to 27 (Fear) today. The recovery reflects easing panic, bargain buying, and improving sentiment, though investors remain cautious amid ongoing macroeconomic and geopolitical uncertainties.

Top 10 Latest Crypto Market News Today, July 7

(Note: All of these updates affect traders, as they impact liquidity, sentiment, and potential returns, and thus must be monitored closely.)

1. ENS DAO Voting Reform Proposed: ENS co-founder Alex Van de Sande proposed delegating 5 million ENS tokens to community members, aiming to reduce voting power concentration and improve decentralized DAO governance.

2. Variational Expands Into Swaps: Variational will launch on-chain swaps in Q3, bringing institutional liquidity to crypto markets after securing over $1 billion in trading capacity and recent funding.

3. Summer.fi Pauses After Hack: Summer.fi paused all vaults after an active attack. Around $6 million was reportedly stolen, while users were urged not to interact with the protocol.

4. Former Tether Executive Sells Stake: Former Tether executive Richard Heathcote plans to sell part of his 1.26% Tether stake after receiving company approval, according to Bloomberg.

5. M1X Global Raises $5.5M: Crypto infrastructure startup M1X Global secured $5.5 million in seed funding to expand its tokenized U.S. Treasury-backed financial products for institutions.

6. BonkDAO Loses $20M in Attack: BonkDAO revealed a malicious governance proposal that drained nearly $20 million in BONK tokens. Authorities and exchanges are helping recover the stolen assets.

7. Trump Bitcoin Reserve Faces Delay: The Trump administration is reviewing legal authority before launching a U.S. strategic Bitcoin reserve, with several government departments evaluating possible management options.

8. Securitize Plans $400M Deals: Securitize plans to spend about $400 million on acquisitions after going public, focusing on expanding institutional tokenization and tokenized stock services.

9. StarkWare Updates Delegation Plan: StarkWare proposed reducing delegated validators while increasing token allocations, aiming to improve validator quality and prepare Starknet for decentralized validation.

10. TeraWulf Signs AI Data Deal: TeraWulf signed a 20-year AI data center agreement with Anthropic, expecting $19 billion in revenue while expanding its artificial intelligence infrastructure business.

Major Crypto Market Events Today

Source: Forex Factory

Comparative Insight

Compared with the July 6 crypto update, the market strengthened on July 7 as total capitalization rose from $2.25 trillion to $2.28 trillion, while daily gains improved from 0.6% to 1.3%. The Fear & Greed Index increased from 24 (Extreme Fear) to 27 (Fear), indicating easing panic. Trading volume jumped from $48.7 billion to $82.3 billion, reflecting stronger participation despite continued caution.

What This Means for Cryptocurrency Users

Users are seeing gradual stabilization, but caution remains necessary. Rising capitalization and improving sentiment suggest renewed confidence, while major hacks, governance attacks, and regulatory developments highlight the importance of risk management, diversification, and staying updated before making trading or investment decisions.

Risk Context: This commentary is not about long-term conditions and is merely informational. It does not point to the price or indicate an action to take on the investment.

CoinGabbar’s Opinion

The situation appears to be recovering gradually, making selective investments more attractive than aggressive buying. While improving sentiment and institutional activity are positive signals, security breaches and regulatory uncertainty mean cryptocurrency remains a high-risk asset requiring careful research and disciplined risk management.

Disclaimer: The information should not be taken as financial or investment advice. Cryptocurrencies are very unstable and dangerous. You should never make an investment decision without doing your research (DYOR) and using a qualified financial advisor. All regions are not able to provide all the services or assets in question.