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Cryptocurrency Report.

One Cryptocurrency Trading Above the Support Levels- Cosmos (ATOM)

Jul 17, 2025

ATOM
Investment Type
Crypto
Risk Level
Action
Rec. Price (US$)

Cryptocurrency Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. Cosmos (ATOM) is a decentralized ecosystem of autonomous blockchains intended to build the next-generation Internet. Each blockchain in the Cosmos is powered by Tendermint consensus, which is also used by the network, and BFT consensus algorithms. ATOM has a market capitalization of ~USD 1.84 billion (as per TradingView as of July 17, 2025).

For the week ending July 11, 2025, the S&P Cryptocurrency Broad Digital Market (BDM) Index advanced 721.68 points, or approximately 12.66%, to close at 6,420.24. The index opened the week on a positive note and sustained its upward momentum throughout the period, reflecting broad-based strength across the digital asset space. As the new trading week began on July 14, the index has continued to show signs of resilience, supported by persistent bullish sentiment in the cryptocurrency market. Notable gains in major digital assets such as Bitcoin and Ethereum have further strengthened investor confidence and contributed to the improving market outlook.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one cryptocurrency that seems ‘Attractive’ at the current level appears to be Cosmos (ATOM) based on the below technical parameters: -

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