After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 23:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Dtec token. As of 23:50 today, its market cap is 526.28K, with a coin price of 0.019780 USD, witnessing a 24-hour increase of 65.5%.
The second is PIP. As of 23:50 today, its coin price is 0.0018870 USD, with a 24-hour increase of 56.6%.
The third is LayerAI. As of 23:50 today, its coin price is 0.00062140 USD, showing a 24-hour increase of 51.7%.
In fourth place is Magic. As of 23:50 today, its coin price is 0.16730 USD, with a 24-hour rise of 39.4%.
In fifth place is Blum. As of 23:50 today, its coin price is 0.076430 USD, increasing by 35% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 16 sectors, all 16 are up and 0 are down. Notably, ETH, DeFi, and SocialFi sectors are worth mentioning.
ETH sector has risen 2.84% relative to the UTC 0 time, led by gains in ETH (2.84%).
DeFi sector has increased 2.39% relative to UTC 0, with BLUM (31.2%), SIS (25.7%), and UNFI (23%) leading the rise.
SocialFi sector has risen 2.03%, with IGU (4.53%), G (3.66%), and GAL (3.26%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Between June 28th and July 4th, SharpLink Gaming purchased approximately 7,689 ETH at an average price of approximately $2,501.00, for a total value of approximately $19.20 million. Currently, SharpLink Gaming holds approximately 205,634 ETH. [Foresight News]
Next news:According to CoinDesk, Tether has announced a strategic investment in blockchain forensics firm Crystal Intelligence to combat cryptocurrency crime. The specific investment amount has not been disclosed. With the increase in cryptocurrency-related scams and fraud, Tether is committed to curbing the illegal use of its USDT stablecoin. [ChainCatcher]
Next news:On July 9, Trump said that Federal Reserve Chairman Powell should resign immediately. (Golden Ten) [BlockBeats]
Next news:Digital asset management company ReserveOne has announced that it has entered into a definitive business combination agreement with special purpose acquisition company M3-Brigade Acquisition V Corp. (Nasdaq: MBAVU, MBAV, MBAVW). ReserveOne will hold and manage a variety of cryptocurrencies based on Bitcoin, including Ethereum, Solana, and other cryptocurrencies with the potential to generate returns through institutional staking and lending. [Foresight News]
Next news:Blockchain technology company BTCS (Nasdaq: BTCS ) has announced plans to raise $100 million in 2025 to purchase Ethereum and build a leading publicly traded company focused on Ethereum infrastructure. Subject to market conditions, the company plans to raise funds on a rolling basis to acquire Ethereum and is committed to maximizing capital efficiency. [Foresight News]
Next news:Private investment platform Linqto has filed for Chapter 11 bankruptcy protection under U.S. bankruptcy law. The company also holds 4.70 million shares of Ripple purchased on the private market. Ripple CEO Brad Garlinghouse clarified last week that Linqto owns 4.70 million secondary shares of Ripple but has no business relationship with the company. Based on a secondary market stock price of $95.5, Linqto's holdings of Ripple stock may be worth approximately $450.00 million. [Foresight News]
Next news:

On July 8, according to Axios, Ego Death Capital's second fund completed $100 million in fundraising, focusing on supporting the expansion of companies in the Bitcoin ecosystem.

The fund's typical target companies have annual revenue of between $1.00 million and $3.00 million, but their development is hampered by limited funding. The new fund will primarily focus on Series A funding, helping companies with proven results to scale up, while also reserving a small amount of capital for promising early-stage (seed round) investments.

[BlockBeats]
Next news:According to Jinshi, US President Trump said that tariffs will begin to be levied on August 1, 2025. The deadline will not change and no extensions will be granted. [Foresight News]
Next news:Robinhood CEO Vlad Tenev said in an interview with Bloomberg in London that tokenization could solve liquidity problems by "leveraging the global network of hundreds of millions of cryptocurrency market participants." Tenev said he welcomes scrutiny from European regulators. [Foresight News]
Next news:OpenSea Acquires Rally Wallet to Boost Mobile and Token Trading Push. [Foresight News]

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.