- Bitcoin climbs to $63,926 as total crypto market cap rises to $2.19 trillion.
- Anthropic’s secondary market valuation reportedly soars to $1.2 trillion.
- Ethereum Foundation’s AI agents confirm a real, publicly disclosed protocol bug.
Bitcoin traded near $63,926, up 3.10% over the past 24 hours and up 4.31% for the week, while Ethereum held around $1,778, up 2.71% daily and 4.45% weekly. XRP traded near $1.10, Solana stood at $79, and BNB held above $575.
Total crypto market capitalization stood at $2.19 trillion, up 2.36% over the past day. Sentiment improved, with the Fear & Greed Index climbing to 30, still in “fear” territory, while the Altcoin Season Index reached 50. The average crypto RSI read 51.87, sitting in neutral territory.
CryptoQuant described the rebound as a bear market rally rather than a trend reversal, noting Bitcoin’s 30-day demand has recovered to near neutral after contracting by roughly 650,000 BTC in early June, while its Bull Score Index remains at 20, well below the 60 level needed to signal a sustained rally. Bitwise strategist Juan Leon called the current 50% drawdown Bitcoin’s “mildest structural bear market” compared with 78% and 84% declines in 2022 and 2018.
AI Agents Find Real Bugs in Ethereum’s Code
The Ethereum Foundation said coordinated AI agents testing its protocol infrastructure confirmed at least one real, remotely triggerable vulnerability in libp2p’s gossipsub library, later patched and disclosed as CVE-2026-34219. The Foundation noted most AI-flagged issues remain false positives, shifting the bottleneck from finding vulnerabilities to verifying them.
Anthropic Valuation Surges on Secondary Markets
Anthropic’s valuation on secondary platforms such as Caplight climbed to approximately $1.2 trillion, up roughly 550% year-over-year and above OpenAI’s estimated $908 billion valuation. With no IPO yet, trading remains limited mostly to employee and early-shareholder share transfers, and the company has warned against unauthorized resales.
Clarity Act Nears a Unified Text
Sources said a merged version of the Clarity Act combining Senate Banking and Agriculture Committee drafts could emerge as early as next week, with a floor vote possibly during the week of July 20. Democratic support remains uncertain, with ethics provisions restricting officials’ crypto business ties still the central sticking point. The bill must advance before the August recess, leaving a narrow window.
Separately, New Hampshire’s Executive Council voted 3-2 to reject a $100 million state-backed Bitcoin bond tied to miner CleanSpark, ending what would have been the first state Bitcoin bond initiative.
Institutional and Whale Activity
BlackRock transferred another 951.5 BTC, worth about $59 million, to Coinbase Prime. Bitmine bought another 20,500 ETH worth roughly $35.92 million from Galaxy Digital, while whale “0x2684” added 9,882 ETH, bringing its 10-day accumulation to more than 34,500 ETH and 250 WBTC.
Analysts flagged rising risk elsewhere: US spot Bitcoin ETFs saw $4 billion in net outflows in June, led by BlackRock’s IBIT, even as private credit funds faced $15.6 billion in redemption requests, with Fitch expecting further redemptions ahead.
Corporate and Leadership Moves
Coinbase Chief Legal Officer Paul Grewal announced he will step down at month’s end after six years, moving to an advisory role, with Molly Abraham succeeding him as General Counsel. Grayscale CFO Edward McGee also resigned after seven years, as the firm’s IPO process remains paused.
SK Hynix completed a $26.5 billion Nasdaq listing, the third-largest IPO in US history, with demand approaching $200 billion and shares oversubscribed more than sevenfold.
Regulatory and Security Developments
The CFTC moved to block CME’s fast-track bid for 24/7 oil futures contracts over readiness concerns, while Polymarket applied for a US futures license to offer margin trading. Researchers separately disclosed a new “hallucination invasion” attack capable of tricking AI coding agents into executing malicious code by exploiting model hallucinations.
Related: Swift Launches Blockchain Ledger Pilot With 17 Global Banks
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
