We’re excited to bring you the weekly updates, insights, and opportunities to enhance your trading experience with Delta Exchange.
WEEKLY SNAPSHOT
Note: Last Price mentioned in Weekly Returns table are as observed on 13th July, 11:59 AM IST and in the Top 3 Alt Coins table are as observed on 12th July, 11:59 PM IST.
Trade Now!
CRYPTO NEWS
1. U.S. Markets: AI Rally Meets Geopolitical Risk
U.S. equities were supported by semiconductor and AI stocks, with developments around Broadcom, Micron and SK Hynix helping the Nasdaq on several sessions. However, markets turned volatile after renewed U.S.–Iran tensions pushed oil prices and Treasury yields higher. Investors are now focused on U.S. inflation data and second-quarter earnings.
Source: Reuters
2. Global Macro: Oil and Inflation Become the Main Risk
Renewed military escalation and uncertainty around the Strait of Hormuz drove sharp moves in crude oil. Higher energy prices strengthened the dollar and increased expectations that the Federal Reserve may keep rates elevated or consider further tightening. Asian equities, particularly South Korean chip stocks, also faced heavy selling.
Source: Reuters
3. Gold and Silver: Higher Yields Overpower Safe-Haven Demand
Gold and silver declined despite geopolitical tensions as higher oil prices raised inflation and interest-rate expectations. Gold briefly rebounded on bargain buying, while silver premiums increased in India due to import shortages. China also continued adding gold to its reserves.
Source: Reuters
4. Crypto and Altcoins: Risk Sentiment Remains Fragile
Bitcoin traded around the $63,000–$64,500 region, while ETH, SOL, XRP and HYPE initially outperformed. The rally later weakened as futures open interest declined and global risk sentiment deteriorated. Altcoin performance remained selective rather than signalling a broad altcoin season.
Source: CoinDesk and Reuters
5. Bitcoin and Ether ETF Fund Flows
Spot Bitcoin ETFs recorded approximately $197.4 million in weekly net inflows, despite witnessing outflows during some sessions. Spot Ether ETFs recorded approximately $84.3 million in net inflows, with ETH ETF demand appearing relatively more consistent than BTC ETF demand.
Source: Farside Investors
6. On-Chain and Network Developments
Bitcoin remained in a bottom-building phase but had not yet confirmed a durable recovery. Long-term holders continued realising losses, ETF trading volumes remained subdued and stablecoin supply declined by roughly $10 billion from May levels. Bitcoin transfers between exchanges also fell sharply, indicating weaker market-making and arbitrage activity.
Source: Glassnode, CryptoQuant and CoinDesk
7. RWA and Delta Exchange-Linked Tokens
RWA-linked contracts were mainly affected by movements in their underlying assets rather than major token-specific developments. Semiconductor-linked instruments such as SOXLBUSD and DRAMBUSD weakened during the global chip sell-off, while EWYBUSD tracked weakness in South Korean equities. XAUTUSD (gold token) fell as higher yields and a stronger dollar outweighed geopolitical safe-haven demand.
Source: Reuters and underlying-market price action
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
Call writing is heavily concentrated around the $68,000 resistance level, while put writing is primarily positioned at the lower available strike levels near $54,000. The Put-Call Ratio (PCR) stands at 2.98, indicating a bullish market sentiment. This positioning suggests a greater probability of continued upside in Bitcoin, while downside risk appears limited in the near term.
OI Analytics for the upcoming week: ETHUSD
Call writing is concentrated at the $2,000 strike, reinforcing it as the key overhead resistance level. On the downside, substantial put writing around the $1,300 strike highlights strong support, reflecting market participants’ willingness to defend lower price levels. Meanwhile, the Put-Call Ratio (PCR) stands at 1.09, indicating a broadly neutral market outlook for the coming week, with neither bulls nor bears holding a clear advantage.
Trade Now!
USA WEEK AHEAD (IST) [HIGH IMPACT DATA]
Tuesday , July 14 - 6:00 PM - Core inflation Rate
Wednesday, July 15 - 6:00 PM - PPI(MoM)
Wednesday, July 15 - 7:30 PM - Fed Chair Warsh Testimony
Thursday, July 16 - 6:00 PM - Retail Sales
Friday, July 17- 6:00 PM- Housing Starts
FEES UPDATE: RWA TRADING JUST GOT CHEAPER!
US Stock RWA Tokens
- Fees reduced to 2 bps (for both maker or taker)
- Scalper Offer now applicable - Pay zero closing fees on eligible positions opened and closed within 15 minutes
Gold & Silver Tokens
- Trading fees reduced to just 1 bps
- Access precious-metal price movements at lower trading costs
New High-Volatility RWA Perpetuals
Delta Exchange has launched SOXLBUSD, DRAMBUSD, EWYBUSD, SNDKBUSD, INTCBUSD, MUBUSD, WDCBUSD, AMDBUSD, MSTRBUSD and CBRSBUSD.
Trade Now!
If you need any assistance or have any questions, our dedicated customer support team is here to help you, please write to us here.
Happy Trading!
Delta Exchange Team