U.S. policy trends trigger market Fluctuation, Bitcoin's performance in July draws significant follow

The U.S. monetary and fiscal policies are at a critical turning point. Federal Reserve Chairman Powell stated that if the tariff plan were to affect inflation control results, interest rate cuts might have already begun. Although there are still uncertainties regarding the July interest rate decision, policy flexibility has increased, and weak employment data in the future may lower the threshold for interest rate cuts. Meanwhile, the "Great and Beautiful" tax expenditure bill has passed the Senate with difficulty, and it is expected to significantly increase national debt. Trump insists that the July 9 tariff deadline remains unchanged, and global market sentiment is tightening. It is noteworthy that the U.S. stock market will be closed all day on July 4, entering a brief period of silence.

On the occasion of the 28th anniversary of Hong Kong's return, the first licensed virtual asset exchange has set up an experience booth at the West Kowloon High Speed Rail Station. Industry insiders believe that the development of Web3 will reshape the paradigms of efficiency and trust, and Hong Kong is expected to play a leading role in the global new financial order.

Bitcoin recently fell to $105,000, analysts pointed out that the upward momentum has weakened and it may enter a consolidation phase. Spot trading volume has decreased, and profit-taking has increased, with short-term support at $98,700. Historical data shows that the performance in the third quarter is usually weak, and volatility is expected to decrease. However, the average increase in July reached 9.1%, and the market still has expectations for challenging the $116,000 level. Pessimists warn that the real sell-off has not yet begun, predicting it may drop to $60,000-$70,000.

The on-chain market is generally flat, but the concept of stocks on the chain has driven related tokens to surge. The stock price of a certain trading platform has reached a new high, leading to a rise of over 1400% in the stockcoin on the Solana chain.

Key Data

• Bitcoin: $106,465, year-to-date +13.8%
• Ethereum: $2,439.94, year-to-date -26.88%
• Fear and Greed Index:63( Greed )
• BTC market share: 64.6%, ETH: 9.0%
• Total liquidation amount in 24 hours: 256 million USD

Today's Outlook

• Independence Day Market Closure Schedule
• Multiple platforms have launched new coins
• U.S. employment data released
• ENA Token Unlock

Current market value top 500 largest fluctuations: Humanity Protocol up 106.52%, Cobak Token up 50.90%, Useless Coin up 24.89%.

Hot News

• A publicly listed cannabis company has established a subsidiary to create a DOGE treasury.
• A trading platform will launch the new coin CROSS
• Analysis suggests that Bitcoin may challenge the $116,000 mark in July.
• The author of "Rich Dad Poor Dad" buys Bitcoin again.
• A Japanese gaming company plans to invest in cryptocurrency
• A certain trading platform applies for a US banking license to custody stablecoin reserves
• A trading software plans to launch its own blockchain.
• The US Treasury Secretary stated that stablecoin legislation may be completed by mid-July.