Macro uncertainty deepens, DeFi stress mounts. Despite a supportive policy backdrop, including the recent U.S. rate cut and constructive regulatory progress via the GENIUS and Stablecoin Acts, instability within the crypto ecosystem continues to weigh on sentiment. On this week’s update: - Fed cuts 25bp but signals caution - U.S. shutdown hits day 35 - Stream Finance halts ops after 93M loss - @Bitcoin whales sell, @ethereum accumulation rises Full update 👉 https://coinshares.com/insights/research-data/market-update-07-11-2025/?utm_source=twitter&utm_medium=social&utm_campaign=Research&Data_MarketUpdate_07112025&utm_content=market-update-07-11-2025(CoinShares)