GM20250730

1）Market Trends

BTC declined, altcoins fell broadly.

U.S. stocks dropped, the dollar surged, and cryptocurrency stocks plummeted collectively. The U.S. issued an ultimatum to Russia, causing oil prices to soar.

2）Market Highlights:

1. Hong Kong-related CFX and HSK rebounded, with plans to issue stablecoin licenses in August.

2. Small coin OMNI rebounded on South Korea's Upbit, with a short-selling rate of -0.8%.

3. Base chain ZORA and KTA increased. ZORA is a Web3 social project, backed by the Coinbase Foundation.

4. The launch platform on the SOL chain, PUMP, rebounded, increasing its buyback efforts. However, PUMP's daily revenue has fallen below $300,000 for the first time.