Bitcoin Faces Minor Pullback Amid Rising Market Dominance and Liquidations

A slight retracement in Bitcoin ($BTC) persists, with the closure of Friday's gap remaining the baseline scenario. Market dominance is increasing, expected to grow by approximately 3 percentage points. Over the past 24 hours, liquidations amounted to $461.8 million across 155,700 accounts, with major liquidations involving long positions in $DOGE and $BNB. On the exchange flow front, inflows are observed for $ENS, $CRV, and $FET, whereas outflows are noted for $KNC, $AAVE, and $PEPE. Notably, $ZORA surged 56% following the launch of a futures contract on Binance. Rumors suggest that on July 30th, the Trump administration will publish a report on cryptocurrencies, with discussions around a possible government reserve in Bitcoin ($BTC). Meanwhile, Upexi announced a credit line of up to $500 million for purchasing $SOL. In macroeconomics and politics, the Euro declined 1% amid expectations around the US mutual tariffs deadline and a US Supreme Court decision. The upcoming JOLTS report is expected to have limited influence on the Federal Reserve's July meeting. Technological developments include Sui preparing an urgent mainnet update to v1.52.3 (Protocol v89) with enhanced multi-signature verification. Coinbase launched trading pairs for ZEN/USD and added $BIO and $EUL to its roadmap. Chainbase Token ($C) was listed in KRW pair on Bithumb. On the corporate side, Mill City plans to issue $450 million in bonds to replenish treasury holdings of $SUI.