7.24 Market Hotspots Dispatch:
1. Bitcoin continues to consolidate, showing slight expansion characteristics, performing quite strongly, with minimal pullback, earning the title of 'highly resilient' pie! Many funds are still waiting for the right opportunity to enter.
2. Ethereum has experienced a significant adjustment, with lows approaching 3500. There are rumors in the market about Sun Ge unloading, but it is still uncertain whether it will have a sustained impact on the market. Fortunately, the current volatility remains within an acceptable range.
3. Block, a company holding a large amount of Bitcoin, has officially been included in the S&P 500 index today.
4. Trump has stated that he will impose a unified tariff of 15% to 50% on most countries; meanwhile, Goldman Sachs believes that even if a trade agreement is reached, the dollar may still face pressure.
5. FTX announced that it will initiate the next round of debt distribution on September 30, during which $1.9 billion of disputed reserve funds will be released.
6. JPMorgan pointed out that the prediction of the stablecoin market reaching $2 trillion is overly optimistic, as there is still significant room for improvement in the infrastructure of this sector.
#BTC #ETH #bnb