Correction published August 2, 2026: The original roundup contained inaccurate Bitcoin, Ethereum and Solana prices, plus unsupported claims about fund flows, Solana TVL and an “Altcoin Season Index.” Those claims have been withdrawn and the page has been rebuilt from historical data.
The crypto market on July 11, 2026 was quieter and weaker than the original article suggested. Bitcoin traded near $64,000, Ethereum near $1,800 and Solana near $77. There was no verified Bitcoin breakout to $71,240, no Ethereum move toward $4,000 and no evidence cited for Solana crossing $10 billion in DeFi total value locked that day.
Corrected market snapshot
| Asset | Approximate July 11 level | Context |
|---|---|---|
| Bitcoin (BTC) | $63,700–$64,200 | Consolidating near $64,000 |
| Ethereum (ETH) | Around $1,790–$1,825 | Below $2,000; not near $4,000 |
| Solana (SOL) | Around $77 | Historical sources cluster in the high-$70s |
These are approximate ranges, not one universal close. Crypto trades continuously across exchanges, and data providers use different time zones, source venues and aggregation methods.
Bitcoin: consolidation, not a $71K breakout
Historical records from multiple providers place Bitcoin close to $64,000. A report published at the time also described BTC as holding near that level despite exchange-traded product outflows.
That market state called for patience. A credible breakout would have required price to clear the active range, remain above it on daily closes and attract stronger spot participation. Labelling a nonexistent move as a confirmed trend distorted both the market context and every target built on it.
For the detailed correction and price-verification process, read the revised Bitcoin July 11 analysis.
Ethereum: near $1.8K, not $4K
Historical ETH/USD data places ether around $1,800 on July 11. The earlier $3,920 figure was not a minor rounding error; it described a market more than twice as high as the available historical record.
This matters because an incorrect starting price invalidates claims about:
- distance to psychological resistance;
- ETH/BTC relative strength;
- market capitalisation;
- technical momentum; and
- whether capital is rotating from Bitcoin into altcoins.
A price snapshot should always state the venue or dataset and time convention. Without that information, a precise number can create false confidence.
Solana: near $77, with no verified $10B TVL milestone
CoinGecko and other historical sources place SOL in the high-$70s on July 11. The earlier article listed $189 and claimed Solana DeFi TVL had crossed $10 billion. Those statements were not supported by the cited evidence because the article cited none.
TVL also needs careful interpretation. DefiLlama and similar services estimate the value deposited in protocol smart contracts, but totals can change because token prices move, users deposit or withdraw, protocols are added or removed, and methodology changes.
A responsible TVL claim should include:
- the chain and date;
- the data provider;
- whether borrowed assets or staking are included;
- whether the number is denominated in dollars or native tokens; and
- the retrieval time for a fast-moving dashboard.
Without those details, “TVL crossed a milestone” is not verifiable reporting.
Why the altcoin-season claim was removed
The original roundup said an Altcoin Season Index had risen to 61 but did not name the provider or explain its formula. Different providers measure “altcoin season” using different asset universes, lookback windows and performance thresholds.
Even a correctly sourced index is only a summary of past relative performance. It does not prove that future altcoin returns will be positive. A stronger assessment compares several observable measures, such as:
- ETH performance relative to BTC;
- Bitcoin’s share of total crypto market capitalisation;
- breadth across liquid non-stablecoin assets;
- spot trading volume rather than only perpetual-futures volume; and
- whether gains persist for weeks rather than hours.
On July 11, the unsourced index value could not support the conclusion, so both were removed.
A better standard for daily crypto news
Fast market reporting should be reproducible. For each number, a reader should be able to identify who measured it, what time it covers and how the value was calculated.
Before publishing a daily roundup:
- Check each price against two historical datasets.
- Use ranges when exchanges disagree.
- Link fund-flow claims to a dated product-level table.
- Link macro claims to the official statistical release.
- Record the source and retrieval time for TVL, open interest and sentiment dashboards.
- Separate observed facts from the author’s interpretation.
- Correct material errors prominently and explain what changed.
Bottom line
The verified July 11 snapshot was Bitcoin near $64,000, Ethereum near $1,800 and Solana near $77. It was not the broad breakout previously described. The more valuable story is the correction itself: precise market numbers are only useful when readers can trace them to reliable, dated evidence.
Advertisement
Sources and review
This article was checked against the primary or authoritative sources below on .
- Bitcoin historical data — CoinGecko
- ETH/USD historical data — Investing.com
- Solana historical data — CoinGecko
- Solana DeFi TVL — DefiLlama
Frequently asked questions
Historical datasets place Bitcoin near $64,000, Ethereum near $1,800 and Solana near $77, with small differences across exchanges and data providers.
The earlier version of this article made that unsupported claim. It has been withdrawn; DefiLlama data should be checked directly for a dated TVL figure and methodology.
No single index reading can confirm a durable market regime. The original article's reading of 61 was not sourced and has been removed.
Advertisement