According to Deep Tide TechFlow news, on July 1, as reported by Bitfinex Alpha, Bitcoin continues to consolidate in the range of $100,000 to $110,000, with short-term holders realizing a key support level at $98,700. As Q2 comes to a close and the market enters Q3, historical data shows this is typically the weakest quarter for Bitcoin, with an average return rate of only 6%.
Meanwhile, the U.S. economy faces the dual challenges of declining consumer spending and high inflation, with the Federal Reserve maintaining a cautious stance, reducing the likelihood of interest rate cuts in the short term.
In the field of innovation, Gemini has launched a tokenized U.S. stock service for EU investors, initially supporting Strategy (MSTR) stock; GF Securities and HashKey have jointly launched a multi-currency tokenized security 'GF Token' in Hong Kong, further promoting the tokenization process of physical assets.
