Today's Chain News Express | Overview of Crypto Market Dynamics
Global Political and Economic & On-Chain News:
1. Iran & Israel officially announce ceasefire
2. July rate cut expectations rise, with a 20.7% probability of a 25 basis point cut by the Federal Reserve
3. Russian investors hold a total of $25.4 billion in assets
4. Texas passes SB1498, allowing for the seizure of involved digital assets
5. Fiserv to issue stablecoin FIUSD on the Solana blockchain
Market Dynamics:
• Bitcoin broke below $105,000, but rose 4.01% in 24h
• Ethereum broke below $2,400, with a significant rise of 7.16% in 24h
• Spot Ethereum ETF in the beautiful country saw a net inflow of over $100 million in a single day
Brief Commentary: Peace news cools risk aversion, ETF funds continue to flow in, sentiment is cautiously recovering while testing rebound direction, and there may still be upward space in the short term.
For more market interpretations, remember to follow Fengyun!