Brothers, the cryptocurrency market has completely exploded today!
Recently, cryptocurrency prices have been heavily influenced by policies and geopolitical events: Hong Kong's "Stablecoin Regulations" have come into effect, unlicensed stablecoins have been banned, and users are frantically buying compliant assets like DAI and FDUSD, leading to a surge in on-chain exchange volumes and price volatility.
The situation in the U.S. is even more dire; tariffs have been delayed from August 1st to the 7th. Bitcoin just rebounded to $118,500, but was crushed by panic from the Middle East situation and the tariff delay, with over 100,000 people liquidated in 24 hours—BTC fell below $118,000, and ETH dropped below $3,700, feeling like a roller coaster ride with no chance to catch a breath!
But institutions remain steady as ever: In July, ETFs aggressively invested $4.2 billion, heavily loading up on Ethereum and staked tokens; Tesla holds $1.2 billion in Bitcoin, not selling a single share. It seems that for large investors, this pullback is seen as a "bargain" opportunity?
On the geopolitical front, Iran may retaliate against Israel, causing gold to rise by 2.3%. Bitcoin initially held strong but was eventually dragged down by the liquidation wave. Meanwhile, whales took advantage of the chaos, buying 18,000 BTC in a single day, setting a new high for 2025—amid the volatility, some cry while others laugh!
Now we wait for August 7th: Will the U.S. tariff negotiations succeed? If the EU retaliates, global liquidity may tighten further, causing prices to drop again; if a deal is reached, we might catch a breath. Coupled with the probability of the Federal Reserve cutting interest rates in September rising to 68%, the market's direction will depend on how policies and geopolitics unfold!
Finally, thank you for watching, follow A Xu to not get lost! I hope to use the experiences and lessons I've accumulated in the cryptocurrency space over the years to help you avoid detours and double your assets!
Stay tuned: SUI PEPE DOGE SOL ETH PNUT
