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[LIVE] Crypto News Today: Latest Updates for July 1, 2025 – Trump-Linked ‘American Bitcoin’ Raises $220M, Eyes Public Listing

2025-07-01 04:52:13

[LIVE] Crypto News Today: Latest Updates for July 1, 2025 – Trump-Linked ‘American Bitcoin’ Raises $220M, Eyes Public Listing

Main Idea

Circle, the firm behind USDC, has applied to become a national trust bank in the U.S., while Bitcoin and Ethereum ETFs continue to see significant inflows.

Key Points

1. Circle has filed an application to become a national trust bank in the U.S., which, if approved, would allow it to operate as First National Digital Currency Bank, N.A.

2. Spot Bitcoin ETFs recorded a net inflow of $102 million on June 30, marking 15 consecutive days of net inflows.

3. Spot Ethereum ETFs saw a net inflow of $31.76 million on the same day, with all nine ETFs showing no outflows.

4. The crypto market cap fell by 2.8%, with Bitcoin's price steady around $107K.

Description

The crypto news feed shows mixed signals today, with the crypto market cap falling 2.8%. Bitcoin is performing steadily, with the BTC price hovering around the $107K mark, while Ethereum has lost some ground but still stands above $2,450. But what else is happening in crypto news today? Follow our up-to-date live coverage below. Crypto News Today: Latest Updates for July 1 The post [LIVE] Crypto News Today: Latest Updates for July 1, 2025 – Trump-Linked ‘American Bitcoin’ Raises $220M, Eyes Publ...

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