📆【August 2 · Crypto Circle News】
Brothers who didn't close positions before bed probably woke up today wanting to curse. Prices have come back, but positions may not, this market really educates people from entry to giving up.
📌 BTC breaks below 115000, weekend depends on wild speculators
The sharp decline in US stocks dragged Bitcoin down, and the CME gap was conveniently filled. With liquidity dried up over the weekend, the market was left for wild speculators to play around with.
📌 ETH's persistence failed, ultimately dragged down
ETH once tried to stand firm against the trend, but when the big brother pulled it down, it could only obediently follow. Short-term rebounds rely on luck, while long-term should maintain a steady mindset.
📌 SOL is the weakest player, BONK series collectively collapsed
SOL continues to serve as a market lever, falling without rising. Especially as the BONK series deflated in one go, the on-chain enthusiasm also cooled down a bit.
📌 Trump goes all out, criticizes employment data and the Federal Reserve
Trump accused the employment data of being fake, demanded the replacement of the Bureau of Labor Statistics director, and even threatened to "replace Powell in a second." However, he later stubbornly claimed he "might continue to stay," purely a verbal shock.
📌 Metaplanet plans to issue 55.5 billion yen preferred stock to increase BTC holdings
The Japanese version of "MicroStrategy" is starting to take over, preparing to continue exchanging fiat currency for Bitcoin. The global Bitcoin reserve story seems to be getting bigger.