📉 Bitcoin retreats to two-week low as market pressure emerges
Bitcoin (BTC) experienced a rapid rise earlier last week but has now fallen back to a two-week low of $62,700. The correction reflects significant market pressure on Bitcoin as a result of mixed U.S. economic data.
key point
Price Drop: Bitcoin has fallen 5.5% in the past 24 hours and is currently trading at $62,700, a significant drop from $70,000 a few days ago. Other Cryptocurrencies: Apart from Bitcoin, other major cryptocurrencies such as Ethereum and Solana fell by 5.8% and 10% respectively. Economic data: Weak U.S. economic data, including a sharp decline in the ISM manufacturing PMI in July, may prompt the Federal Reserve to cut interest rates in September. Global Monetary Policy: The Bank of England also joined in monetary easing, taking its benchmark interest rate to a four-year low. Market Drivers: Bitcoin’s recent gains have been driven largely by excitement over the Bitcoin 2024 conference and Trump’s pledge of support for the cryptocurrency. Political impact: Trump's probability of winning has dropped from 70% two weeks ago to 55% currently, while newly nominated vice presidential candidate Harris's probability of winning has increased to 44%. If Harris takes office, it may affect the regulatory environment of Bitcoin, which is particularly important for the future of Bitcoin. #美联储何时降息？ #比特币大会 #BTC #AMB #FXS $SKL $FXS $AAVE

📉 Bitcoin retreats to two-week low as market pressure emerges
Bitcoin (BTC) experienced a rapid rise earlier last week but has now fallen back to a two-week low of $62,700. The correction reflects significant market pressure on Bitcoin as a result of mixed U.S. economic data.
key point
Price Drop: Bitcoin has dropped 5.5% in the past 24 hours and is currently trading at $62,700, a significant drop from $70,000 a few days ago. Other Cryptocurrencies: Apart from Bitcoin, other major cryptocurrencies such as Ethereum and Solana fell by 5.8% and 10% respectively. Economic data: Weak U.S. economic data, including a sharp decline in the ISM manufacturing PMI in July, may prompt the Federal Reserve to cut interest rates in September. Global Monetary Policy: The Bank of England also joined in monetary easing, cutting its benchmark interest rate to a four-year low. Market Drivers: Bitcoin’s recent gains have been driven largely by excitement over the Bitcoin 2024 conference and Trump’s pledge of support for the cryptocurrency. Political impact: Trump's probability of winning has dropped from 70% two weeks ago to 55% currently, while newly nominated vice presidential candidate Harris's probability of winning has increased to 44%. If Harris takes office, it may affect the regulatory environment of Bitcoin, which is particularly important for the future of Bitcoin. #美联储何时降息？ #比特币大会 #BTC #AMB #FXS $SKL $FXS $AAVE

Tennessee Senator Bill Hagerty endorsed Donald Trump this week, advocating for the United States to become a global cryptocurrency hub!
Hagerty compared cryptocurrencies to the semiconductor industry, arguing that the outflow of the semiconductor industry has weakened the geopolitical position of the United States. He criticized the Biden administration for failing to provide a clear regulatory framework for the cryptocurrency industry and "attacked" the emerging field with all its might.
Trump and the Republican Party are actively seeking cryptocurrency votes, accepting cryptocurrency donations, and positioning themselves as crypto-friendly candidates. This strategy may bring new opportunities to the crypto market.
Want to learn more about cryptocurrency strategies and real-time dynamics? Follow me, the homepage is updated with the latest strategies and market analysis every day! #Cryptocurrency#Bitcoin#Ethereum#Trump#USPolicy#CryptoNews#InvestmentStrategy#Blockchain $HARD $SOL $BTC

$TAO Technical Analysis Update: Market Rebound and Future Trends
Current Market Conditions:
Price Action: $TAO rebounded from support after deviating below. However, the price was rejected at the key support/resistance (S/R) level and failed to continue to rise.
Support and Resistance: Currently, $TAO is facing an important support level test. If the price can sustain above the current support level, it will be a positive sign and may indicate future upside opportunities.
Future Expectations:
Watch Support Level Reaction: At this stage, we need to pay close attention to the performance of support levels. If the support level can hold, we may see the price re-break through the key resistance level, which will drive the price higher.
Upside Potential: If the support level is maintained and the price rises back above the key level, we can expect another upside, and the potential upside is worth watching. #TAO： #美联储何时降息？ #美国政府转移BTC #美联储何时降息？ #BCT $ETH $BNB $SOL

💼 Success and failure and cost of the cryptocurrency circle 🌐
From the first few years in the cryptocurrency circle to now, I have witnessed countless ups and downs, and the situation is mixed.
🎉 Joy: I did make money, and my efforts were not in vain after experiencing that rough era.
😟 Worry: My physical condition has seriously deteriorated in recent years. My career path is full of ups and downs, and I struggle day and night. Although I am fortunate to have achieved some results, my body has not been spared.
🚶‍♂️Experience: I used to be in good physical condition, with adequate diet, good sleep, and little hair loss. But in the past few years, staying up late for a long time and irregular life have made me feel the decline of my physical function. Insomnia, loss of appetite, memory loss and other problems followed one after another.
🌐Challenges of market expansion: I thought I could take a good rest after the market stabilized, but as the market expanded, there were more affairs and the work became busier. The growth of the market made me lose my sense of control, and it took me a long time to readjust.
📈Lessons and reflections: I gradually understand that it is impossible to understand everything and know everything. The complexity and unpredictability of the market require us to constantly learn and adapt, but we must also pay attention to balancing work and life and maintaining good health.
🔍 The future cryptocurrency market: As the market matures and becomes standardized, participants need more professional knowledge and a more rational attitude. Investing is not just about chasing profits, but also about considering physical and mental health and long-term sustainability.
🔔 Follow me to get the latest market insights and investment strategies! Click on the avatar, follow my tweets, and learn more about the in-depth analysis and professional advice on the currency circle. 📊💡#美国政府转移BTC #美联储何时降息？ #WIF #rift #1000SATS

Cryptocurrency trading: The secret to success in a long-term investment journey
The key to true success is to treat cryptocurrencies trading as a long-term investment journey, rather than a speculative behavior seeking short-term benefits. Market fluctuations are the norm, and the important thing is how to stay calm and rational in them.
Set realistic expectations and abandon the fantasy of getting rich overnight
Real success comes from a deep understanding of market fluctuations and staying calm and rational in adversity. Set a realistic psychological expectation and abandon unrealistic fantasies, such as expecting to get rich overnight. Rational decision-making needs to be based on an in-depth analysis of market trends and a clear understanding of personal investment goals.
Cultivate patience and discipline to stay stable
By cultivating patience and discipline, you can stay stable in the ups and downs of the market and follow the long-term value investment principles. Patiently waiting for the right time to buy and firmly holding high-quality assets are the secrets to success in a volatile market.
Continuous learning and adapting to market changes
Continuous learning and adapting to market changes are the keys to long-term investment success. The market is changing rapidly, and only by constantly learning and updating knowledge can you stay ahead in the fierce competition. Paying attention to market dynamics, learning the latest trading strategies and technical analysis tools will help you make smarter investment decisions#美联储何时降息？ #美国政府转移BTC #币安HODLer空投BANANA #TNSR #RUNE $WIF $RIF $JTO

Bitcoin ETF holdings increase by nearly 300,000 since January!
Holdings in spot Bitcoin ETFs have increased significantly since January, adding nearly 300,000 Bitcoin. Although the pace of Bitcoin capture has slowed down recently, this growing trend is still worth watching.
Key takeaways:
Continued growth: Bitcoin ETF holdings continue to grow even as the price of Bitcoin stagnates.
Long-term Outlook: Over the long term, this continued accumulation suggests that investor confidence and demand for Bitcoin remains strong.
Impact Analysis:
Increased market confidence: The continued increase in Bitcoin ETF holdings indicates that institutional investors have increased recognition of Bitcoin and increased market confidence.
Supply and Demand Dynamics: This continued accumulation may reduce the circulating supply on the market, driving Bitcoin prices higher in the future.
Price Stability: Despite the slowdown in capture, this solid growth is a positive sign for the long-term health of the market and contributes to price stability. #比特币大会 #美联储何时降息？ #BTC #WIF #JTO $RIF $IO $TNSR

Riot Platforms Strengthens Acquisition Strategy for Bitfarms
Bitcoin miner Riot Platforms further strengthened its acquisition strategy for Canadian miner Bitfarms this month by purchasing approximately 10 million additional shares, according to a filing with the U.S. Securities and Exchange Commission (SEC) on July 31.
Key Points:
Shareholding: Riot currently holds 71.56 million of all outstanding shares of Bitfarms, valued at $159.1 million, equivalent to a 15.9% stake in the company. Acquisition Background: The increase came after the Ontario Capital Markets Tribunal ruled that Bitfarms' initial shareholder rights plan was invalid, which provided that if an entity acquired more than 15% of the shares, it would dilute the outstanding shares. Shareholding Changes: Prior to the ruling, Riot held a 14.9% stake in Bitfarms.
Riot's acquisition plan demonstrates its expansion strategy in the cryptocurrency mining sector, further consolidating its position in the industry. #美国政府转移BTC #美国大选如何影响加密产业？ #bome #wif #for $1000SATS $JTO $RUNE

According to monitoring, the monthly net inflow of the US Bitcoin spot ETF reached US$3.2 billion (about 51,000 BTC) in July. The details are as follows:
BlackRock IBIT: increased holdings of 35,999 BTC, with inflows of up to US$2.3 billion. It currently holds 342,978 BTC, ranking first in the market.
Fidelity FBTC: Net inflow of US$785 million, ranking second.
This data not only shows the strong confidence of institutions in Bitcoin, but also reflects the market's continued interest in crypto assets.
What will the future trend be? With the continued increase in capital inflows, the Bitcoin market may usher in more changes. Stay tuned and seize potential investment opportunities! #比特币大会 #美国政府转移BTC #BTC☀ #BOME #JTO $1000SATS $KDA $WIF

According to monitoring, the monthly net inflow of the US Bitcoin spot ETF reached US$3.2 billion (about 51,000 BTC) in July. The details are as follows:
BlackRock IBIT: increased holdings of 35,999 BTC, with an inflow of US$2.3 billion, and currently holds 342,978 BTC, ranking first in the market.
Fidelity FBTC: Net inflow of US$785 million, ranking second.
This data not only shows the strong confidence of institutions in Bitcoin, but also reflects the market's continued interest in crypto assets.
What will the future trend be? With the continued increase in capital inflows, the Bitcoin market may usher in more changes. Stay tuned and seize potential investment opportunities! #比特币大会 #美国政府转移BTC #BTC☀ #BOME #JTO $1000SATS $KDA $WIF

🚀 In the second half of 2024, these five potential coins may lead the wealth counterattack! 🚀
Focus:
SOL: It is expected to rise to $200, and it has fallen to $9 in the bear market. If you see this price in the next few years, your door to wealth will be opened.
ASI (not yet online): Formerly known as FET, buy and hold below 1.4U without thinking, and double the long-term goal.
People: If it adjusts to around $0.046 before November, buy and hold without thinking.
PEPE: Super-long cycle wealth hoarding point $0.000005, buy and hold without thinking, don't sell below doubling.
ORDI: Buy and hold in the $38-$20 range without thinking, with a target price of $57-$63. If it breaks through strongly and stands at $63, it is expected to hit the previous high of $90, which is the last chance.
🔑 Investment strategy:
Steady holding: Choose high-quality projects, hold for a long time, and wait patiently for market opportunities. Avoid high leverage: Use leverage with caution, especially high leverage, which carries huge risks. Do more research: Understand the fundamentals of the project and the team background in depth, and don't be confused by short-term hot spots. Learn and communicate: Pay attention to professional analysis, communicate with experienced investors, and get more market information.
📈 Future Outlook:
In the current ups and downs of the market, blindly working alone will never bring opportunities. Only a sound strategy and in-depth research can be invincible in the currency circle. Follow me to learn more about professional analysis and investment strategies, and seize opportunities together in the bull market! #比特币大会 #币安HODLer空投BANANA #lista #flux #zen $IRIS $ALPACA $JASMY

It is not difficult to choose a coin. Once you choose the right one, you can make a lot of money!
🪙 Choose the right coin and the benefits will come naturally!
1️⃣ Consensus-consolidated coins: Choose those that have been recognized by the market, such as BTC, ETH, SOL, and TON. Obtain considerable returns through large-band operations.
2️⃣ Copycat leader coins: Pay attention to copycat leaders such as PEPE, WIF, RNDR, and ONDO (price is the biggest fundamental, and this round is not like the value side of the previous round. The focus is on whether its K-line is strong enough).
3️⃣ Make money from emotions: Although the returns are high, the risks are also high. Big capital drives big trends, such as whether the market of BRC20, TON, and Solana can continue. The key is whether the capital will exert its strength. If the capital withdraws, the market will be difficult to sustain.
4️⃣ Pay attention to the shouting orders of big figures: For example, Musk’s statement on Solana, etc., these shouting orders often have a significant impact on the market.
5️⃣ Stay rational and hold on patiently: Why is it difficult to make money when the market is good? Because it requires the cooperation of time, place and people, and even if you encounter a good opportunity, you may not be able to hold on for a long time. Most people dream of 100 times the return, but it is actually easier to achieve two 10 times growth. Investment transactions require a variety of opinions and voices. The market needs counterparties, someone buys and someone sells. Without counterparties, the market will be deadlocked.
🔍 Follow me, the homepage updates real-time strategies every day! #比特币大会 #美国PCE通胀放缓 #strk币 #STORJ #GNS $RAD $SANTOS $AMB

📉 After Trump attended the Bitcoin conference, related concept coins plummeted! 📉
According to CoinGecko data, after Trump attended the Bitcoin conference, many related concept coins fell significantly:
🔻 MAGA (TRUMP): down 14.4% in 24 hours, now quoted at $5.90
🔻 MAGA Hat: Dropped 20.2% in 24 hours, now quoted at $0.0001121
🔻 TREMP: 24-hour drop of 21.8%, now quoted at $0.402
🔻 Super Trump: 24-hour drop of 18.5%, now quoted at $0.009482
🔻 FIGHT: The 24-hour drop reached 33.7%, and the current price is $0.01071
These declines indicate that market sentiment has been affected to some extent and investors need to be cautious. 📊
👉 Follow me to get more real-time information and professional analysis, grasp market trends, and make wise decisions! #美国PCE通胀放缓 #比特币大会 #STORJ #GNS #SANTOS $RAD $MAGIC $RIF

📉 After Trump attended the Bitcoin conference, related concept coins generally fell! 📉
According to CoinGecko data, after Trump attended the Bitcoin conference, many related concept coins fell significantly:
🔻 MAGA (TRUMP): down 14.4% in 24 hours, now quoted at $5.90
🔻 MAGA Hat: Dropped 20.2% in 24 hours, now quoted at $0.0001121
🔻 TREMP: 24-hour drop of 21.8%, now quoted at $0.402
🔻 Super Trump: 24-hour drop of 18.5%, now quoted at $0.009482
🔻 FIGHT: The 24-hour drop reached 33.7%, and the current price is $0.01071
These declines indicate that market sentiment has been affected to some extent and investors need to be cautious. 📊
👉 Follow me to get more real-time information and professional analysis, grasp market trends, and make wise decisions! #美国PCE通胀放缓 #比特币大会 #STORJ #GNS #SANTOS $RAD $MAGIC $RIF

🔍 USDT: The biggest mine in the currency circle? 💣
USDT, a stablecoin pegged to the US dollar, is issued by Tether. Although it occupies an important position in the crypto market, it has some worrying problems:
1️⃣ Reserve transparency issue: Tether has not disclosed the USDT reserves openly and transparently. We cannot be sure whether they really have enough US dollars to support the value of USDT. Once users lose trust, panic selling may be triggered. In 2018, the price of USDT once fell below $1, causing market fluctuations.
2️⃣ Legal and regulatory pressure: Tether was sued by New York prosecutors, accusing them of covering up a $850 million funding gap in 2018 and misleading investors. Although a $185 million settlement agreement was finally reached, it brought adverse effects to USDT.
3️⃣ Advantages of competitor USDC: USDC, which is also a stablecoin, is more transparent and decentralized. Their assets are placed in custodial banks and audit information is provided, which has been favored by more and more institutional and individual investors.
🛡️ Diversify risks and choose safer stablecoins:
In order to avoid this super black swan event, do not exchange too many assets for USDT. You can diversify your investments into some decentralized stablecoins, such as USDC, DAI, LUSD, etc., and also pay attention to whether their liquidity is good.
Follow me, the homepage updates real-time strategies every day! 📈🚀#比特币大会 #美国以太坊现货ETF开始交易 #USDT #STORJ #rad $RIF $WIN $CTK

Solana faces price stability challenges: Surge in active users and bullish sentiment in futures markets boost future trends
Solana (SOL) faces price stability challenges this week, trying to stay above $170. The current price is $182, with a market capitalization of $84.6 billion. Despite the slow price movement, the number of active addresses has reached 2 million, reflecting the good health of the network, which will help attract more investment. At the same time, interest in the futures market has risen, with open interest increasing from $17.7 billion to $29.5 billion, showing traders' bullish sentiment on Solana's future market trends.
Key Points
Price Fluctuation and Market Cap: Solana's price fluctuates in the $170 area, with a current price of $182 and a market cap of $84.6 billion.
Sideways and Triangle Pattern: Over the past four months, Solana's price trend has remained sideways, forming a triangle pattern.
User Growth: Recently, Solana's number of active addresses reached 2 million, showing strong user growth.
Futures Market Bullish: From the low of $17.7 billion in July, Solana's futures open interest has risen sharply to $29.5 billion.
Price Breakout: The price breakout of the triangle pattern was a key turning point for Solana's recovery from $120 to $188.
Bollinger Band Indicator: The upper limit of the Bollinger Band indicator shows continued buying momentum.
Key Support Level: If the SOL price falls below $170, it may enter a long-term sideways consolidation and retest the $120 support level.
Dear friends, what do you think of this trend of Solana? Do you think SOL can continue to stay above $170 and rise further? Welcome to share your views and experiences in the comment area, let us explore this market full of opportunities and challenges together! #比特币大会 #美国PCE通胀放缓 #BOLLINGER #storj #RAD $WIN $RIF $CTK

Polygon Q2 report highlights: Daily active addresses increased by 47.6%, outstanding performance in the gaming field
Messari released Polygon’s second quarter report, and here are the key data:
Number of daily active addresses: 1.2 million (up 47.6% month-on-month) Average number of daily transactions: 4.1 million (up 3.9% month-on-month) Average transaction fees: down to US$0.01 (down 41.1% month-on-month) Quarterly revenue: US$4 million (down month-on-month) 40.6%)
Performance in gaming and DeFi fields
Active Game Addresses: Daily average of 382,000 (up 85% quarter-on-quarter) Polygon PoS DeFi Total Value Locked (TVL): $1 billion (down 22.9% from the previous quarter) TVL in MATIC: up 38.1% to $1.8 billion U.S. dollar, indicating that the decline in U.S. dollar denominations was due to MATIC price declines rather than net capital outflows Stablecoin Market Cap: up 17.5% to $1.8 billion
Market Impact and Future Outlook
Polygon's strong growth in daily active addresses and games demonstrates its significant improvement in user appeal and broad application. Although transaction fees and revenue have declined, this has also lowered transaction costs for users, potentially further stimulating network activity.
The decrease in total DeFi value locked is primarily due to MATIC price declines rather than capital outflows, indicating that investor confidence in the Polygon ecosystem remains solid. The growth in the market value of stablecoins further consolidates Polygon’s position in the stablecoin market.
Overall, Polygon’s breakthroughs in user growth and application have laid a solid foundation for its future development in the cryptocurrency market. With the influx of more users and developers, Polygon is expected to continue to lead the market in the future.
#比特币大会 #美国以太坊现货ETF开始交易 #LIT #SAGAUSDT #Lista $STORJ $WIN $MATIC