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$BTC $ETH $XRP 🔵📉 China's Gold and Cash Reserves: A Shift in Priorities? 🔷 China added only 70,000 ounces of gold (≈ 2.2 tons) in June. ⬅️ This is the fourth consecutive month in which the pace of gold purchases has slowed. 🔷 In contrast: ✅ China added $32 billion to its cash reserves. ⬅️ That is, for every 0.24 billion in gold, it injected 32 billion in cash. 🔷 The message is clear: China currently favors holding more cash than gold and does not appear interested in buying at current prices.
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Three coins have been placed under surveillance on the Binance platform: $BAKE $IDEX $SLF They may be deleted, so don't leave them in your wallet. I've previously posted about why platforms are deleting coins. One of the most important reasons may be the team's neglect of the coin, lack of updates or development for the project, etc.
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$BTC $ETH $XRP 🔴 Shares of electric car company Tesla fell more than 7% in pre-market trading on Wall Street, indicating investor dissatisfaction with CEO Elon Musk's political decisions. ⬅️ Musk announced over the weekend the formation of an "America Party" to challenge Republicans and Democrats. This came after he launched a poll on the X platform on the need to create a new party, which received a 65% vote in favor. ⬅️ Trump described the idea as "ridiculous" and said Musk had completely deviated from his path.
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$BTC $ETH $XRP 📊 Gold prices are declining after Trump announced new trade agreements in the coming days, in addition to extending tariff exemptions for several countries until August 1.
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$BTC $ETH $BNB 🛢 Oil prices rise after OPEC+ decided to increase August production by more than expected, amid market concerns about the repercussions of the implementation of US tariffs.
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