137 · Market Trends✨ 8-20
Roundup of 24H highlights — Market Snapshot

1、Bitcoin breaks through $70,000, triggering an epic short squeeze and the crypto market sees its biggest rebound in over three months;

2、The U.S. Treasury expands the size of its Treasury repo program, pushing U.S. Treasuries above $4 trillion;

3、U.S. regulatory developments: OCC pledges to issue stablecoin rules by November, and the CFTC reaches a settlement with FTX executives;

4、Coinbase enables perpetual contract trading for its Base App via Hyperliquid;

5、OpenAI CFO: the company expects to go public in 2027 or earlier;

6、Japan’s July trade data comes in above expectations: imports year-on-year +27.8%, exports year-on-year +23.2%; Korea’s kimchi premium turns negative to -1.75% ;

7、Unitree Technology’s debut on the A-share market surges 460% on the first day, with its founder’s net worth exceeding 100 billion. Unitree Technology’s issue price was RMB 150.80 per share, closing at RMB 845 per share, with a total market cap exceeding RMB 340 billion. The company dubbed "the first publicly listed stock of humanoid robots" draws major attention.

8、Binance’s SNDK perpetual contract trading volume surpasses Bitcoin, with traditional assets becoming the main force in trading.