7.6 Lab Daily:

BTC hit a low of 5.35 and is currently recovering to 5.65.

ETH hit a low of 2800 and is currently recovering to 3000.

Sol seems to be more powerful.

If there is no major negative news, the short-term bottom should be reached.

1. "The Chinese government holds 194,000 bitcoins for sale" is a misunderstanding, most of which have been sold through Huobi;

2. Mt.Gox is frantically moving BTC in its own address, and some creditors have received tokens;

3. Grayscale Ethereum Trust Fund has turned from a discount to a premium;

4. QCP Capital: Market panic has gradually subsided, Bitcoin has good support at 54k, and the probability of interest rate cuts in September and December has increased;

5. The U.S. House of Representatives will vote next week to overturn President Biden's veto of SAB 121;

6. Multicoin will provide up to $1 million in Solana donations to candidates who support cryptocurrencies;

7. @JupiterExchange has launched an airdrop, and brothers who pledged $JUP can check the rewards.