Recently, the cryptocurrency market has truly been led by policies and international situations. Hong Kong has just launched (stablecoin regulations), and unlicensed stablecoins have been directly banned. As a result, users have rushed to buy compliant assets like DAI and FDUSD, causing prices to surge along with on-chain exchange volumes📈.
The situation in the US is also unstable. The tariffs that were originally set to take effect on August 1 have been delayed to August 7. BTC just rebounded to $118,500, but under the dual pressure of escalating tensions in the Middle East and the tariff delay, the market collapsed instantly. More than 100,000 people were liquidated within 24 hours, with BTC falling below $118,000, and ETH also dropping below $3,700. The market feels like a roller coaster, giving no chance to catch a breath🎢.
However, large institutions are quite stable. In July, they poured $4.2 billion into ETFs, mainly buying Ethereum and staking tokens; Tesla is even more impressive, holding over $1.2 billion in Bitcoin and hasn't sold a single coin. It seems these big shots think this wave of correction is a good opportunity to buy cheap💼.
Speaking of the geopolitical situation, Iran may retaliate against Israel, gold has risen by 2.3%, and Bitcoin was initially quite strong but fell due to liquidation. However, big whales seized the opportunity and bought 18,000 BTC in a single day, setting a new high record for 2025! In this wave of volatility, some are crying and some are laughing; it's really thrilling⚔️.
Now the most important question is whether the US tariffs will be successfully negotiated on August 7. If the EU also starts retaliating, the global capital chain could tighten, and prices may drop again; if a deal is reached, the market might be able to breathe a sigh of relief. Additionally, the probability of the Fed cutting interest rates in September has risen to 68%, making the market really swing back and forth, depending on policy and geopolitical developments👀.
Brothers, it's too difficult to fight alone against policies and the market. It's better to keep up with Fan Fan's rhythm. With the power and experience of the big shots, we can avoid detours and have more umbrellas for protection when facing storms☂️. #美国加征关税
