Investor expectations of an altcoin season are continuing to strengthen as Bitcoin (BTC) consolidates above $118,000, and its market dominance slips back toward 61%. Meanwhile, SPX6900 (SPX), the viral meme coin that parodies the S&P 500, reached a new all-time high (ATH) of $2.28 yesterday – and is already up more than 750% from its March lows.

This milestone comes as the White House prepares to release its first-ever Digital Asset Policy Report on July 30, reaffirming Web3’s growing presence in political circles. Wall Street is also staying focused on crypto: US spot Bitcoin and Ethereum ETFs attracted a combined net inflow of $222.16 million yesterday, with $157.02 million going into BTC funds and $65.14 million…