Crypto Roundup, July 10: $BTC +1%, Degen Index hit 695, Degen Index soared to 85

Market: Rebound on Positive Sentiment

$BTC rebounded by +1.07% to 63.8K-the psychological level holds. $ETH posted the best performance: +2.25% to 1,788K; the other majors are more subdued-$SOL down 0.63%, $TON up 0.95%.

The macro picture is tense: fear is at 23 (Extreme Fear), but the Degen Index has skyrocketed to 85 out of 100-the market is overheated. Over the past 24 hours, 695 tokens were scanned. BTC dominance remains at 56.31%, with $310 billion held in stablecoins-long-term investors have plenty to watch. Funding rates have risen: $BTC at 0.01, $ETH and $SOL at 0.01 and 0.0061, respectively.

Our work: 14 analyses, clear contrasts

The team published 14 articles on DeGen. We found legitimate projects: $ANIF soared +579% with a WATCH 7/10 rating, $HAAL9K +270%-also WATCH 7/10-and the active pool is holding steady. $HOODRAT appeared in two versions at once: the first at +136%, the second at +211%-the second analysis gave it a WATCH rating, but red flags are visible in the distribution.

Scams caught: $HOODIE crashed by 100% after a SCAM 2/10 verdict-the tool worked perfectly. $EVERMEADOW, $JUGGERNAUT, $CASHCAT-all in the CASINO 5/10 zone; profits are not guaranteed.

In the RWA sector-breaking news: $VANECK Treasury Fund poured in $192M, which shook up the market; other DeFi projects are following suit.

What to watch for tomorrow

The critical level for $BTC is 63.5K-if it doesn’t hold, a correction will begin. $ETH may continue to rise if macro conditions hold up. The Degen Index is at 85-close to its 2025 high-so a correction could be severe. We’re monitoring pressure on RWA following yesterday’s spike.