The Morning Alpha Show. Jul 21

In this episode of Fere’s Daily Crypto Market Report, Emilie and Erik break down a day of treasury fever, altcoin rotation, and yes — Dogecoin diplomacy.Trump Media discloses over $2B in BTC, Bit Origin raises $500M for a DOGE treasury, and Ethena’s treasury SPAC pulls $360M, eyeing a Nasdaq listing. Meanwhile, Saylor’s Strategy and Sequans keep stacking Bitcoin, and on-chain flows into BNB, ETH, and SOL heat up.DOGE pops on tripled volume, Solana hits $191 with massive liquidations, and ENA surges 40% on a $750M protocol inflow. XRP holds $3.56, while altseason whispers turn into market momentum.Headlines are wild: Justin Sun is going to space, Tom Lee calls ETH to $15K, UK might dump $7.2B in BTC, and Dave Portnoy regrets selling XRP — FinTwit can’t handle it. NFTs jump 29% in volume, with Pudgy Penguins calling the comeback.Regulators are buzzing too: The CLARITY Act pushes pro-DeFi policy in the U.S., Polymarket reopens with a $112M acquisition, and Thailand & China make bold regulatory moves.BTC chills under $118.5K, ETH rises past $3,700, and crypto fund inflows hit $4.4B weekly. With Bitcoin dominance dipping, altcoin season may be officially on.From balance sheets to base layers, the market’s no longer just bullish — it’s institutional, strategic, and global.