Biden quits the election, Musk changes his avatar to "laser eyes" to celebrate, Bitcoin hits a 40-day high!
1. Biden announced his withdrawal in the early morning, BTC fell first and then rose. BTC was originally at 65xxx at 2 a.m., but it was pulled back. BTC reached a high of $68,482, setting a 40-day high.
2. Musk then changed his avatar to laser eyes, clearly supporting BTC.
3. Musk may attend the Bitcoin Conference on Thursday, July 25. If Musk attends the conference and communicates with Trump in a roundtable meeting, it is expected to have a strong positive impact on the BTC market.
To learn about specific opportunities and specific decisions, check the homepage briefing!
But risks to note:
1. Mentougou is expected to distribute about 140,000 BTC and BCH within 3-11 days, and there will be a large number of transfers during this period.
This afternoon, Mentougou started the transfer test again, causing Bitcoin to pull back again
2. The official news of the SEC's approval of the ETH ETF is expected to be released soon, and you need to pay attention to the risk of "selling facts". Important event nodes are approaching, and BTC is expected to fluctuate sharply. Pay attention to the pin
3. Two major economic data will be released this week, both of which are higher than expected negative and lower than expected positive. PMI data will be released at 21:45 on Wednesday, and PCE data will be released at 20:30 on Friday. The current September interest rate cut has become the mainstream market view. If the data is negative, both US stocks and BTC will be hit
In fact, "Laser Eye" has a special meaning to the crypto community and is a symbol of Bitcoin for crypto believers.
"Laser Eye" means that in the game, when the enemy is controlled by another entity, their eyes will emit yellow light. Therefore, the crypto community uses laser eye portraits to express their belief in Bitcoin. Used to express that Bitcoin has entered the "super strong mode"
