June seasonally adjusted non-farm payrolls

German MP Joana Cotar criticized the German government's decision to sell $195 million worth of BTC, believing that this move would increase market volatility and could have a long-term negative impact on the stability of the cryptocurrency market, saying that the German government should reconsider this strategy and discuss with the United States the use of BTC as a strategic reserve currency.

The Payments Association called on the incoming British Chancellor of the Exchequer to impose a "technology tax" on social media giants to pay for the impact of payment fraud originating from their platforms, calling for the next stage of open banking and open finance, and taking legislative measures to establish a digital asset ecosystem that includes Web3, DeFi and smart contract standards.

Nintendo's president said that Nintendo has confirmed that the company will not include generative artificial intelligence technology in its games due to concerns about intellectual property issues. Arkham data, marked as the value of Trump's address cryptocurrency holdings fell below the $8 million mark, down about 75% from the beginning of June.

Arkham data, marked as the "US government" address, transferred 237 BTC to the address starting with bclqvc on July 4.

Dovey Wan, partner of Primitive Crypto, said: Miners are only one step away from surrendering. The break-even point of S19 is $52,000, which is the local bottom position. The F2Pool chart shows that the price of BTC has fallen to $53,100. Currently, only five mining machine models can bring profits to their operators, which may mark a "local bottom". The operating costs of all other mining machines are higher than the returns obtained by operators. There have been six 30% declines in the historical bull market, and the decline this time is about 26%. In the 2015-2017 cycle, BTC peaked 518 days after the halving. In the 2019-2021 cycle, BTC peaked 546 days after the halving. If history repeats itself, the next bull market peak will appear 518-546 days after the halving, which means that BTC may reach the peak of this cycle in mid-September or mid-October 2025. The longer the BTC consolidation time after the halving, the more obvious the phenomenon of the current cycle resynchronizing with the traditional halving cycle. Evgeny Gaevoy, CEO of Wintermute, said: The current market situation is just a seasonal phenomenon in the summer, and the market will recover before the US election in August and September.