The crypto market had an eventful week between June 29 and July 3, with Bitcoin reclaiming $62,000 while Ethereum moved to $1,700. The meme coin market cap also moved from $22 billion on June 29 to $26 billion on July 4.
Amid these gains, four events stood out that caused volatile price movements not only for crypto prices but also for crypto stocks like Strategy (NASDAQ: MSTR) and Circle (NYSE: CRCL).
Strategy Unveils a $1.25B BTC Monetization Plan as MSTR Price Soars
Strategy released a statement on June 29 saying that the company might sell $1.25 billion worth of Bitcoin to fund its USD reserve.
The Bitcoin treasury firm also says that part of the money that comes from selling Bitcoin would go towards buying back STRC and MSTR stocks.
This plan by Strategy to monetize $1.25 billion worth of Bitcoin saw the price of MSTR stock price move from $85 on June 29 to close trading at $100 on July 2.
The STRC stock price that had caused concerns across the crypto market for crashing to $71 on June 26 also gained by 22% to close trading at $87 on July 2.
Strategy did not buy any Bitcoin in the week between June 29 and July 3. However, data from SaylorTracker shows that the company still holds 847,363 BTC.
Trump Reveals $1.4B in Crypto Market Earnings as Concerns Emerge
President Donald Trump disclosed on July 1 that he made $1.4 billion in profits from the crypto market in 2025.
Trump also generated $635 million from the royalties paid out to him for launching the TRUMP meme coin in January 2025.
This financial disclosure raises concerns that the SEC might crack down on meme coin issuers, causing spot DOGE ETFs to post $871,000 in outflows on June 2.
Trump’s disclosure has also made the odds of the CLARITY Act passing in 2026 drop to 40% on Kalshi as Senator Elizabeth Warren says that President Trump and his family need to stop benefiting from crypto.
However, Trump maintains that he did not do anything illegal because he has other people who make investments on his behalf.
MiCA Crypto Market Laws Go Live, Locking Out Many Crypto Firms
Crypto companies operating in the EU were required to comply with the Markets in Crypto Assets (MiCA) guidelines on July 1, and the Financial Times reported that only 12% of these companies managed to comply before the deadline.
Binance had already urged its users in the EU to take funds out of the exchange after failing to get a MiCA license in Greece.
Coinbase and OKX, which have already received the MiCA license, scrambled to take over the users who were left in limbo after the exit of Binance and offered transfer bonuses of between 5% and 8%.
The ripple effects from the MiCA laws going into effect might continue long past the July 1 deadline, as European fintech giant Revolut says it will delist the USDT stablecoin from its platform on August 1 after Tether’s failure to comply with MiCA.
OUSD Stablecoin Launch Raises Concerns
Open Standard announced the launch of the OUSD stablecoin on June 30, saying firms like BlackRock, Ripple, and Coinbase are backing the stablecoin.
The launch sparked competition fears around Circle’s USDC stablecoin, and the price of CRCL stock dropped from $73 to $62 on June 30 when OUSD launched.
However, questions have emerged about OUSD having 140 partners after Samsung and Dunamu said that they are partners despite initial claims.
