US stocks hit new highs every day, OpenAI annualized gains skyrocketed by 40 billion, and yet the big BTC chart fell below 63,000—why are traders cutting losses?

1⃣ BTC surged, then pulled back and fell below 63万 (630,000). Within 24 hours, it dropped from $65,234 to $63,304—diverging from US stock performance

2⃣ The US stock S&P 500 closed at a fresh record high of 7,799 points. July PPI matched expectations, and bets on further rate hikes this year fell to about 30%

3⃣ The US SEC temporarily canceled the originally scheduled meeting on the proposed crypto regulatory rules (Reg Crypto). The legislative process is on hold for now

4⃣ OpenAI’s annualized revenue has surpassed $40 billion. In just 7 months it has approached nearly double. Revenue grew more than 20% month-over-month in July alone

5⃣ Google released Gemini 3.7 Flash, cutting the price in half. Programming and agent capabilities have improved again

6⃣ Ethereum’s second-largest treasury, SharpLink, will receive $200 million worth of ETH via Lido staking, with Anchorage as the custodian

7⃣ Iran’s supreme leader’s advisor said that if conditions aren’t met or conflicts escalate, it will push for the Hormuz economic security mechanism

8⃣ The US “Washington” aircraft carrier is heading to the Middle East to replace the “Lincoln,” continuing the blockade of Iranian ports

9⃣ Hackers used Google ads to impersonate Hyperliquid for phishing, and users lost about $550,000

🔟 DeepSeek released the official V4 Pro version. Ahead of its IPO, the flagship model’s peak value price was raised to more than four times

1⃣1⃣ A whale transferred 546 BTC (about $34.7 million) to Galaxy, allegedly for an OTC sale