[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/ann_en202507091445115464164388.webp) - Market Overview: On July 9, the crypto market remained in a consolidation phase. BTC showed a neutral technical structure with short-term momentum fading, while ETH outperformed slightly but lacked strong volume support. BTC ETFs recorded a net inflow of $75.3 million for the day, with BlackRock’s IBIT accounting for $66.8 million, indicating a slowdown in inflows. ETH ETFs saw a net inflow of $29.5 million, reflecting continued institutional interest in major assets. Altcoins experienced a weak rebound, and overall sentiment showed mild improvement. The Fear & Greed Index stood at 66, suggesting that the market may remain in a phase of structural rotation in the short term. - Trending Tokens: FLOKI rose 9.34%, driven by the mainnet launch of its metaverse game *Valhalla*; RAY gained 6.91%, benefiting from xStocks’ zero-fee policy and trading momentum; MORPHO climbed 7.36% as its “Multiply” feature expanded to multiple chains, with TVL on Base up over 245% year-to-date, attracting increased market attention. - Alpha Insights: USDT0 issuance on Unichain surpassed 200 million, ranking third in cross-chain volume and strengthening its position within the LayerZero ecosystem; Truth Social submitted a crypto blue-chip ETF application to the SEC, covering major assets like BTC, ETH, SOL, and XRP, offering broader allocation options; Ethereum enabled history pruning, reducing node storage by 300–500 GB, marking a key step toward implementing EIP-4444. Discover more details today → Gate Research: Truth Social Files for Blue-Chip Crypto ETF | USDT0 On-Chain Issuance Tops 200 Million Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis. **Disclaimer** Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions. Gate Team July 9th, 2025 **Gateway to Crypto** Trade over 3,500 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves