{"id":918978,"date":"2026-07-11T00:20:42","date_gmt":"2026-07-11T05:20:42","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/11\/crypto-news-july-1-bitcoin-price-holds-59k-as-ethereum-stays-steady-on-mica-day-zero\/"},"modified":"2026-07-11T00:20:42","modified_gmt":"2026-07-11T05:20:42","slug":"crypto-news-july-1-bitcoin-price-holds-59k-as-ethereum-stays-steady-on-mica-day-zero","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/11\/crypto-news-july-1-bitcoin-price-holds-59k-as-ethereum-stays-steady-on-mica-day-zero\/","title":{"rendered":"Crypto News, July 1: Bitcoin Price Holds $59K as Ethereum Stays Steady on MiCA Day Zero"},"content":{"rendered":"

Bitcoins <\/p>\n

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Ahmed Barakat<\/p>\n

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Author<\/p>\n

Ahmed Barakat<\/span>\"bitcoins<\/span>\n <\/p>\n<\/p><\/div>\n

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Part of the Team Since<\/p>\n

Aug 2025<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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About Author<\/p>\n

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n

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CryptoNews Editorial Team<\/p>\n

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Author<\/p>\n

CryptoNews Editorial Team<\/span>\"bitcoins<\/span>\n <\/p>\n<\/p><\/div>\n

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Part of the Team Since<\/p>\n

Sep 2018<\/p>\n<\/p><\/div>\n<\/p><\/div>\n

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About Author<\/p>\n

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n

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Last updated:\u00a0<\/p>\n

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Markets opened Q3 steadily, Bitcoin price is holding the $59K level, Ethereum shows strength at what could be the bottom, and MiCA full enforcement just hit with almost no fireworks. Crypto has been bracing for liquidity trouble as MiCA takes effect, especially with Binance among others thinning the liquidity.<\/p>\n

The expected moves were obvious for months; Bitcoin price and Ethereum price<\/a> were already baked in the changes, so the actual day zero passed quietly. <\/p>\n

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On the other side of the world, Trump\u2019s latest financial filing has dropped. It showed over $1.4 billion in crypto earnings last year, with Bitcoin exposure in a healthy sum. This likely sends a signal that he\u2019s not walking away from this space anytime soon.<\/p>\n

Discover: The Best Crypto to Diversify Your Portfolio<\/a><\/u><\/strong><\/p>\n

Bitcoins Bitcoin Price Holding Its Ground<\/h2>\n

Although Bitcoin<\/a> price took a hit from record ETF selling with $4.51 billion in outflows last month, or the worst since they launched, it has found support and has not broken lower. Some profit-taking and money rotating into AI stocks are some of the reasons that took the blame for the recent plunges.<\/p>\n

As of today, the total ETF assets sit above $70 billion, so the selling looks more like a pause than a collapse. It\u2019s not a good day for spot holders when US spot Bitcoin ETFs saw $4.51B in net outflows in June. However, it looks more like a temporary adjustment than a deeper pullback.<\/p>\n

Discover: The Best Token Presales<\/a><\/u><\/strong><\/p>\n

Bitcoins Ethereum Price Stays Calm, MiCA Day Zero Passes Quietly<\/h2>\n

Ethereum price traded flat around $1,570\u2013$1,590, with no big swings even as MiCA rules were locked in today. The Ethereum Foundation has also just staked another 4,938 ETH worth close to $8 million on Lido. It shows they\u2019re comfortable parking more capital in the staking system right when Europe tightens up, and foundation rebalancing is going on.<\/p>\n

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BREAKING: As of today, the most used dollar on earth cannot be bought or sold by a single European on a single licensed exchange. <\/p>\n

It did not break. It refused to bend, and a 27-nation bloc decided that was enough.<\/p>\n

That is Tether\u2026 pic.twitter.com\/PUYV5d8A2N<\/a><\/p>\n<\/div>\n

\u2014 Shanaka Anslem Perera \u26a1 (@shanaka86) June 30, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Don\u2019t Miss Out on Our $1,000 USDT Airdrop on ByBit<\/a><\/p>\n

Ethereum price has been grinding along as MiCA full rules are live. Unlicensed platforms like Binance have now stopped serving EU users or shut down, with a lot of smaller operators already pulling back or moving. On top of that, UK investors filed a $200 million lawsuit against Binance and CZ over unauthorized derivatives sold to retail traders.<\/p>\n

The MiCA shift and the Binance legal noise haven\u2019t moved the market much. Liquidity concerns turned out lighter than expected, Trump\u2019s big crypto profits, and the Ethereum Foundation\u2019s fresh Lido stake tell that some are still bullish. Big players are still putting money to work instead of running for the exits.<\/p>\n

Discover: The Best Token Presales<\/a><\/u><\/strong><\/p>\n

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Gaylene Menjivar Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since<\/p>\n","protected":false},"author":1,"featured_media":918979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,22791],"tags":[11476],"class_list":["post-918978","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-crypto","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/918978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=918978"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/918978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/918979"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=918978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=918978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=918978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}