📺 Here is our This Week in Crypto market update with Thinking Crypto! We take a look at Bitcoin whale accumulation, Ethereum & Solana retailers showing surprising FUD, and whether crypto traders should see a likely all-time high here in July!

🥳 Bitcoin has jumped to $109.8K today with FOMO setting in across X, Reddit, Telegram, 4Chan, BitcoinTalk, & Farcaster. Prices move opposite to retail traders' behavior, so don't be surprised by a brief rally halt while greed is high.

🔗 Link to chart!

📺 Crypto markets showed some serious fear to start the week, following airstrikes between the U.S. and Iran. However, things have appeared to smooth over, and look more optimistic heading into the weekend. We discuss on our This Week in Crypto show.

📊 With crypto moving sideways, retail optimism toward Bitcoin & Ethereum has died down a bit. Meanwhile, XRP sentiment is currently at a 17-day high, in terms of positive vs. negative commentary. This has happened after a $50M settlement between Ripple & the SEC was stalled.

🐳 The amount of whale & shark wallets holding at least 10 Bitcoin (currently a bit over $1.07M) is back to its highest amount since March 12th. As markets have been volatile, smart money has accumulated on most retail panic sell cycles.

🔗 Track it here!

📊 Traders are pushing Bitcoin's & Ethereum's funding rates in 2 directions. With $BTC pushing crypto's recovery, traders are shorting (expecting a slight pullback). Meanwhile, $ETH has been trailing, and traders are longing in hopes it will catch up.

🔗 Here is the link to keep an eye on how cryptocurrency's top two market caps fluctuate in terms of aggregated funding rates.

🤪 Bitcoin has climbed back as high as $108.2K as crypto reacts positively to the ceasefire between Israel & Iran that has held true thus far. Emotions continue to flip between fearful and greedy depending on the latest risk of breakout or ruin. Track the latest emotional swings here.

As Adam Back rightly points out, growing Bitcoin allocations in corporate treasuries are signalling renewed confidence in crypto's macro narrative. Historically, such strategic BTC accumulation has preceded bursts in altcoin activity — the so-called "altseason".

Why? Because Bitcoin is the gatekeeper — once institutions show interest, speculators rotate profits into high-upside assets like ERC-20 tokens, NFTs, and Web3 apps.

We’re seeing this already with rising on-chain activity in Ethereum and renewed user interest in platforms like DextrApps — a dedicated Web3 app store where dApps offer real utility beyond speculation. From play-to-earn to DeFi access, users are exploring new frontiers, signalling that this altseason might not just be about price — but participation.

BTC sets the tone. But altcoins and Web3 experiences set the trend.

🤯 With all of the real world concern and uncertainty in crypto now, the price swings for this upcoming week should be simple:

🟦 Retail calls for "lower" or "below" = price goes UP

🟥 Retail calls for "higher" or "above" = price goes DOWN

🔗 Monitor this useful social chart here!

🇺🇸🇮🇷🇮🇱 Social media has erupted with discussions about the US sending direct airstrikes on three major nuclear sites in Iran. President Donald Trump declared the strikes a success, stating the facilities were “obliterated” and warning that future attacks could be even more severe if Iran retaliates. This marked a significant escalation after over a week of crossfire between Israel and Iran.

Within the US, Rep. Alexandria Ocasio-Cortez (D-NY) is calling for impeachment proceedings over Trump's decision, while others argue that the action was necessary to prevent Iran from advancing its nuclear capabilities. Meanwhile, global leaders and analysts are warning of possible retaliation not just through direct military action but also via cyberattacks, proxy violence, or disruptions to global oil supply routes. With roughly 40,000 U.S. troops stationed in the region, there is fear of further escalation. Particularly with Trump himself warning of "far greater" force if there is retaliation.

In the crypto space, the response has been swift. According to social metrics on Santiment, mentions of “Iran” nearly instantly spiked as the news hit. Bitcoin’s price has remained surprisingly steady, but this could be more due to the fact that it happened at night in the middle of the weekend in the US. Events like this often drive volatility as investors weigh the risks of a broader war. We will continue monitoring both the news, as well as the crowd's reaction, to identify how markets may be impacted.

Here is the link to the Iran social volume chart, as we see whether volatility begins to correlate with this news as the weekend progresses.