BTCC Crypto Daily (7.11)｜Fed’s Rate Cut Signal Strengthens Again, ETF Net Inflows Hit Second-Highest Record
By:C, Fiona1.Overview
- San Francisco Fed President Mary Daly expects two rate cuts in 2025; tariff impact may be milder than expected
- Bitcoin spot ETFs saw $1.179 billion in net inflows yesterday, the second-highest daily inflow in history
- BTC broke above $118,000 today, setting a new all-time high; ETH also surpassed $3,000
- Major token unlocks today include AGI, IMX, MOVE, and IO
2.Macro & Policy Outlook
Key Events Today
- ECB Governing Council members Panetta and Vujčić to deliver speeches
- International Energy Agency (IEA) to release its monthly oil market report
Global Macro Developments
1.Fed’s Daly: Two rate cuts likely in 2025, tariff impact may be less severe than anticipated
San Francisco Fed President Mary Daly reiterated her expectation of two rate cuts in 2025, suggesting that the inflationary impact of tariffs may be milder than previously feared. Some firms are reportedly negotiating to absorb part of the tariff costs instead of passing them onto consumers. She noted, “The U.S. economy remains in good shape. While growth and consumer spending are slowing, they haven’t weakened. Inflation is moving toward the Fed’s 2% target. I believe two rate cuts are likely, though uncertainties persist. A rate cut in the fall remains on the table.”
2.Fed’s Waller supports balance sheet runoff and potential July rate cut; says stablecoins boost USD demand
Fed Governor Christopher Waller stated that the central bank should continue reducing its balance sheet and optimize its structure by increasing short-term asset holdings, but without excessive tightening. He suggested allowing maturing and prepaid securities to roll off naturally, targeting $2.7 trillion in reserves and a total balance sheet of $5.8 trillion—down from the current $6.7 trillion. During his Dallas Fed speech, Waller emphasized that even with strong June jobs data, a July rate cut should still be discussed: “This is driven by economics, not politics.” He also highlighted the role of stablecoins in enhancing payment efficiency and boosting demand for the U.S. dollar. Waller is currently seen as a top candidate to succeed Jerome Powell as Fed Chair.
3.Canada hits back at U.S. copper tariffs; Brazil lodges formal protest
Canada’s Industry Minister Mélanie Joly vowed a strong response to former President Trump’s 50% tariff on copper imports, stating there will be “no compromise,” though countermeasures were not disclosed. Brazil also responded, informing the U.S. embassy that it would return the tariff notice. President Lula warned that if negotiations fail, Brazil will take reciprocal action.
4.U.S. Senate confirms former blockchain executive Jonathan Gould as new OCC Chief
By a 50-45 vote, the U.S. Senate confirmed former Bitfury CLO Jonathan Gould as Comptroller of the Currency (OCC), pending final approval by President Trump. Gould previously served as OCC Chief Counsel and Deputy Comptroller. The OCC has recently introduced more crypto-friendly initiatives, including allowing U.S. banks to self-custody digital assets. Meanwhile, the House is accelerating stablecoin legislation, with “Crypto Week” hearings on the GENIUS Act scheduled for next week.
5.Pakistan to establish independent authority for crypto regulation
Pakistan’s State Minister for Blockchain and Crypto Affairs announced the approval of the “2025 Virtual Asset Act,” which will create a dedicated crypto regulatory body. The central bank is preparing for a digital currency pilot and finalizing virtual asset regulations. SBP Governor Jameel Ahmad, speaking at the Reuters NEXT Asia summit, said the pilot is expected soon and discussed regional monetary policy challenges with Sri Lanka’s central bank. The new law will provide a foundation for licensing and regulation, with early-stage engagement from tech partners underway.
Traditional Asset Correlation
The three major U.S. stock indexes closed higher: the Nasdaq rose 0.094%, the S&P 500 gained 0.27%, and the Dow Jones climbed 0.43%.
Spot gold increased by 0.35% to $3,335.03 per ounce.WTI crude oil (USOIL) edged down 0.04% to $66.80 per barrel.
3.Crypto Market Snapshot
1. Spot Performance of Major Cryptocurrencies
(as of 14:00 HKT, July 11, 2025)
2.Futures Capital Flow Analysis
According to Coinglass data on July 11, significant net outflows were observed in contracts for XRP, ADA, TON, PNUT, MOODENG, AIN, and OMNI, suggesting potential short-term trading opportunities.
3. Bitcoin Liquidation Map
As of July 11, Coinglass data shows that at a BTC price of $118,114, a drop below $114,000 could trigger $2.38 billion in long position liquidations across major CEXs. Conversely, a breakout above $121,000 may lead to $725 million in short liquidations. Investors are advised to manage leverage carefully to avoid mass liquidations during market swings.
4. Bitcoin Long/Short Ratio
As of 14:00 HKT, July 11, Coinglass data reports the BTC long/short ratio at 1.07, with longs at 51.69% and shorts at 48.31%.
5. On-Chain Monitoring
- Onchain Lens reports a dormant whale has reactivated after four years, transferring 6,924 BTC (~$819 million) to a new address.
- EmberCN data indicates that secondary fund Trend Research now has unrealized ETH profits of $130 million, with 182,000 ETH purchased at an average cost of $2,250.
- Lookonchain data shows a whale is holding a 20x leveraged long position on 459,703 SOL ($75.5 million), with unrealized gains exceeding $6 million.
4.Blockchain Headlines
- Robinhood has launched ETH and SOL staking services for U.S. users
- GMX releases $40M exploit postmortem; compensation plan under discussion, V2 unaffected
- BlackRock’s ETH buying pressure surpasses BTC for the first time
- Ethereum Foundation proposes L1 zkEVM live-proof standard to promote ZK adoption
- Ethereum Foundation transferred 21,000 ETH to affiliated addresses over the past two months
- Bitcoin spot ETF recorded $1.179 billion in net inflows yesterday, second-highest ever
- Ethereum spot ETF saw $383 million in net inflows yesterday, second-highest on record
- CoinDesk model: ETH faces resistance near $3,000, with support around $2,750
- Over $5 billion in BTC and ETH options expire today; max pain points at $108,000 and $2,600, respectively
- Delysium (AGI) to unlock 106 million tokens today (~5.97% of circulating supply)
- Immutable (IMX) to unlock 24.52 million tokens today (~1.31% of circulating supply)
- Movement (MOVE) to unlock 50 million tokens today (~1.92% of circulating supply)
- io.net (IO) to unlock 13.29 million tokens today (~7.87% of circulating supply)
- BTCC has launched pre-market trading for PUMP (Pump.fun)
5.Institutional Insights · Daily Picks
- LD Capital: ETH’s breakout above $3,000 signals the start of a major bull market in crypto
- Glassnode: BTC’s recent rally has been driven more by leverage than spot demand
- CryptoQuant: U.S. buying pressure helped push BTC to new highs; bullish sentiment may persist
- 10x Research: BTC has a 60% probability of continuing upward and could hit $133,000 by September
- J.P. Morgan CEO Jamie Dimon: “The Fed may still raise rates. If the market sees a 20% chance, I’d say it’s more like 40%–50%.”
6.BTCC Exclusive Market Analysis
On July 11, BTC hovered near the $118,000 mark, showing a “breakout with volume – second wave” structure on the 4H chart. It repeatedly tested the upper Bollinger Band, with MACD momentum strengthening, suggesting strong technicals and tight control by dominant buyers. However, momentum is overheating: MACD is in extreme territory, MAs are diverging sharply, and price has moved far from support zones. A high-volume red candle or break below the MA5 could trigger a technical correction.
From a price-volume perspective, this rally appears to be “short-squeeze driven,” rather than healthy rotation. If BTC fails to build a solid base at higher levels, volatility risk will rise. Short-term traders are advised to take partial profits and use the MA5 as an exit trigger. Watch the $113,000–$115,000 support zone closely and avoid chasing the rally impulsively.
On the macro side, two key Fed members—Daly and Waller—delivered dovish signals. Daly projected two rate cuts in 2025, while Waller called for July rate cut discussions and emphasized the role of stablecoins in boosting USD demand. These remarks are structurally significant. Meanwhile, the U.S. Senate confirmed a former blockchain executive as OCC Chief, and “Crypto Week” legislation is set to begin.
In summary, marginal shifts in policy and regulation are sending increasingly positive signals to institutional capital, supporting sustained crypto market expansion.
Risk Warning: The content above is for informational purposes only and should not be construed as investment advice. Investors should conduct their own due diligence and be aware of the high risks associated with cryptocurrency trading.
How to Trade Crypto on BTCC?
This brief instruction will assist you in registering for and trading on the BTCC exchange.
Step 1: Register an account
The first step is to hit the “Sign Up” button on the BTCC website or app. Your email address and a strong password are all you need. After completing that, look for a verification email in your inbox. To activate your account, click the link in the email.
Step 2: Finish the KYC
The Know Your Customer (KYC) procedure is the next step after your account is operational. The main goal of this stage is to maintain compliance and security. You must upload identification, such as a passport or driver’s license. You’ll receive a confirmation email as soon as your documents are validated, so don’t worry—it’s a quick process.
Step 3. Deposit Funds
After that, adding money to your account is simple. BTCC provides a range of payment options, such as credit cards and bank transfers. To get your money into your trading account, simply choose what works best for you, enter the amount, and then follow the instructions.
Fiat Deposit. Buy USDT using Visa/Mastercard (KYC required).
Crypto Deposit. Transfer crypto from another platform or wallet.
Step 4. Start Trading
If you wish to follow profitable traders, you might go for copy trading, futures, or spot trading. After choosing your order type and the cryptocurrency you wish to trade, press the buy or sell button. Managing your portfolio and keeping track of your trades is made simple by the user-friendly interface.
Look more for details: How to Trade Crypto Futures Contracts on BTCC
BTCC FAQs
Is BTCC safe?
Based on its track record since 2011, BTCC has established itself as a secure cryptocurrency exchange. There have been no reports of fraudulent activity involving user accounts or the platform’s infrastructure. By enforcing mandatory know-your-customer (KYC) and anti-money laundering (AML) procedures, the cryptocurrency trading platform gives consumers greater security. For operations like withdrawals, it also provides extra security features like two-factor authentication (2FA).
Is KYC Necessary for BTCC?
Indeed. Before using BTCC goods, users must finish the Know Your Customer (KYC) process. A facial recognition scan and legitimate identification documents must be submitted for this process. Usually, it is finished in a few minutes. This procedure has the benefit of strengthening the security of the exchange and satisfying legal requirements.
Because their accounts will have a lower daily withdrawal limit, those who do not finish their KYC are unable to make deposits. It should be noted that those who present a legitimate ID without a facial recognition scan will likewise have restricted withdrawal options.
Is There a Mobile App for BTCC?
Indeed. For users of iOS and Android, BTCC has a mobile app. The exchange’s website offers the mobile app for download. Since both the web version and the mobile app have the same features and capabilities, they are comparable.
Will I Have to Pay BTCC Trading Fees?
Indeed. BTCC levies a fee for trade, just like a lot of other centralised exchanges. Each user’s VIP level, which is unlocked according to their available money, determines the different costs. The BTCC website provides information on the charge rates.
Can I Access BTCC From the U.S?
You can, indeed. According to its website, BTCC has obtained a crypto license from the US Financial Crimes Enforcement Network (FinCEN), which enables the cryptocurrency exchange to provide its services to investors who are headquartered in the US.
According to BTCC’s User Agreement document, its goods are not allowed to be used in nations and organisations that have been sanctioned by the United States or other nations where it has a licence.
BTCC Guide:
How to Trade Crypto Futures Contracts on BTCC
BTCC Guide-How to Deposit Crypto on BTCC?
What is Crypto Futures Trading – Beginner’s Guide
What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
BTCC Review 2024: Best Crypto Futures Exchange
Crypto Buying Guides:
Crypto Prediction:
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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