BTC has risen back above 64K, and the market sentiment has warmed up.
📊 Major Market Trends BTC $64,294 (+0.89%) ETH $1,869.88 (+0.44%) SOL $74.14 (+0.70%)
Total Market Cap $2.28T 24h Trading Volume $54B BTC Dominance 56.6%
📌 Today’s Highlights ⭐ quote: 📌 MILESTONE: AED 150M+ settled on @ADIChain_ DDSC, under CBUAE oversight.
Regulated non-USD stablecoins need infrastructure built for this kind of institutional demand.
Powered by @zksync. https://x.com/ADIChain_/status/2084665964621451758 | DDSC has processed AED 150M+ in institutional settlement since launch, processed under CBUAE licensing with fiat reserves held in custody at First Abu Dhabi Bank.
DDSC operates exclusively on ADI Chain, and as dirham settlement grows, every dirham-based transaction will be powered by $ADI. ⭐ The U.S. Army has also used “virtually all” of its highly accurate long-range, surface-to-air weapons (ATACMS & Precision Strike Missiles PrSM), during the conflict with Iran, sources say, confirming earlier reporting by @ErinBanco & Reuters. <br/><br/>The U.S. stockpile of Tomahawk missiles has also been significantly depleted, as nearly half of those weapons have been used during the war, sources added. ⭐ The U.S. Army has also used “virtually all” of its highly accurate long-range, surface-to-air weapons (ATACMS & Precision Strike Missiles PrSM), during the conflict with Iran, sources say, confirming @ErinBanco & Reuters reporting.
💡 BTC is back above 64K, and short-term sentiment has turned positive. Watch the strength of the 65K breakout—if it holds, we can continue to look higher.
At the start of a new week, BTC has pulled back to around 62K.
📊 Market Highlights BTC $62,441 (-1.57%) ETH $1,837.79 (-1.99%) SOL $72.36 (-1.37%)
Total Market Cap $2.23T 24h Trading Volume $40.4B BTC Dominance 56.2%
📌 Today’s Focus ⭐ Binance will delist ACX, HFT, PIVX, PYR, VANRY, VIC on 2026-08-17
👉 https://www.binance.com/en/support/announcement/64cf7544b98e4f2ca7f54ba11fd72d9d ⭐ Binance: Binance will delist ACX, HFT, PIVX, PYR, VANRY, VIC on 2026-08-17<br/><br/>👉 https://www.binance.com/en/support/announcement/64cf7544b98e4f2ca7f54ba11fd72d9d https://t.co/GuqTriPdk6 ⭐ Binance will delist ACX, HFT, PIVX, PYR, VANRY, VIC on 2026-08-17<br/><br/>👉 https://www.binance.com/en/support/announcement/64cf7544b98e4f2ca7f54ba11fd72d9d https://t.co/GuqTriPdk6
💡 After the early-week pullback, 62K is the key support level. Keep an eye on the macro data window—if 62K holds, the medium-term rebound structure remains unchanged.
Weekend market action: BTC is trading sideways around 63K.
📊 Market Leaders BTC $63,353 (+0.55%) ETH $1,873.72 (+0.37%) SOL $73.02 (-0.04%)
Total Market Cap $2.26T 24h Trading Volume $36.1B BTC Dominance 56.4%
📌 Today’s Highlights ⭐ *HUNGARY TO SHUT SOLE NUCLEAR PLANT SUNDAY, PM MAGYAR SAYS ⭐ UAE Foreign Ministry: The Iranian aggressive attack constitutes a blatant violation of Kuwait's sovereignty and a threat to its security and stability. ⭐ 【Jin10 Data Compilation: Summary of Key Messages from Saturday】<br/>Domestic News:<br/><span class="section-news">1. Changxin Technology’s LPDDR6 is close to the end of R&D verification.</span><br/><span class="section-news">2. The Southern Theater Command organized joint sea and air exercises in the waters and airspace around Huangyan Island.</span><br/><span class="section-news">3. Cai Chongxin and his wife ended their nearly 30-year marriage; ownership of the business empire and the team remains unchanged.</span><br/><span class="section-news">4. The spokesperson of the Ministry of Commerce responded to reporters regarding the so-called Xinjiang-related legislation entity list in which the United States included Chinese companies.</span><br/><span class="section-news">5. The results for new-energy vehicle makers’ performance in July were released: BYD’s sales exceeded 410,000, a new all-time high; Leapmotor broke through the 100,000 mark.</span><br/><span class="section-news">6. The “Measures for the Administration of the National-Level Nature Reserve for Huangyan Island” were officially issued, establishing a system for daily patrols within the reserve.</span><br/><span class="section-news">7. The National Healthcare Security Administration held a mid-term progress meeting for a special campaign to crack down on prominent problems in the management of healthcare funds nationwide.</span><br/>International News:<br/><span class="section-news">1. An earthquake near Naples, Italy, injured 26 people.</span><br/><span class="section-news">2. The U.S. Department of Defense plans to use tens of billions of dollars to procure interceptor missiles.</span><br/><span class="section-news">3. Affected by the strong quake, multiple semiconductor factories in Japan’s “Silicon Island” have continued to suspend operations.</span><br/><span class="section-news">4. U.S. media: OpenAI faces investor concerns and competitive pressure; the IPO may be postponed to next year.</span><br/><span class="section-news">5. South Korea: Exports in July surged to the second-highest level in history, with semiconductor exports up nearly 180% year over year.</span><br/><span class="section-news">6. Japan’s Ministry of Finance: Monetary authorities have a wide range of tools to meet market liquidity needs.</span><br/><span class="section-news">7. Middle East situation—</span><br/>① U.S. media: The U.S. European Command issued a warning, saying it lacks sufficient forces to protect Israel.<br/>② Multiple U.S. embassies in the Middle East issued alerts, saying the regional situation may escalate.<br/>③ The UK’s maritime trade organization reported that two oil tankers were attacked in the waters of Oman.
💡 Weekend consolidates on lower volume—no clear direction yet. Next week, watch macro data and ETF fund flows; the key zones are 62K/66K.
With the new month starting, BTC has fallen to around 63K for consolidation.
📊 Market Highlights BTC $63,012 (-1.99%) ETH $1,867.12 (-1.88%) SOL $73.07 (-1.43%)
Total Market Cap $2.25T 24h Trading Volume $62.1B BTC Dominance 56.2%
📌 Today’s Highlights ⭐ A U.S. Navy MH-60R Sea Hawk helicopter is prepared for flight aboard USS Michael Murphy (DDG 112) as the warship supports the U.S. blockade against Iran while sailing in regional waters. As of July 31, CENTCOM has redirected 30 commercial vessels, disabled 2, and boarded 2 to ensure full compliance. The U.S. military has also permitted nearly 30 ships to pass through the blockade for humanitarian aid. ⭐ UPBIT LISTING: [Trade] Notice of New Trading Support for Conflux (CFX) (KRW, BTC, USDT Markets)
Upbit New Listing: [Trade] Announcement Regarding Conflux (CFX) Adding New Trading Support (KRW, BTC, USDT Trading Pairs)
CFX MarketCap: 212.8M (Auto match could be wrong, automated matching may be inaccurate) ———————————— 2026-07-31 13:00:09 source: https://upbit.com/service_center/notice?id=363926148 ⭐ UPBIT: UPBIT LISTING:【Trade】New Trading Support Notification for Conflux (CFX) (KRW, Bitcoin, USDT Trading Pairs)
💡 The early-month pullback is in line with the normal rhythm—watch the 62K support. Short-term volatility won’t change the medium-term bullish thesis. This week’s macro data is the focus.
July’s final day: BTC holds at 64K, with steady monthly performance.
📊 Major Market Watch BTC $64,194 (+0.08%) ETH $1,900.29 (-0.47%) SOL $73.93 (+0.21%)
Total Market Cap $2.28T 24h Trading Volume $60.6B BTC Dominance 56.5%
📌 Today’s Highlights ⭐ A U.S. Navy P-8 Poseidon approaches a U.S. Air Force KC-135 Stratotanker for refueling while patrolling the Middle East. The P-8 is a specialized reconnaissance aircraft that is among the many assets monitoring regional waters during America’s blockade against Iran. As of July 30, CENTCOM forces have redirected 24 commercial vessels, disabled 2, and boarded 2 to ensure full compliance. ⭐ A U.S. Navy P-8 Poseidon approaches a U.S. Air Force KC-135 Stratotanker for refueling while patrolling the Middle East. The P-8 is a specialized reconnaissance aircraft that is among the many assets monitoring regional waters during America’s blockade against Iran. As of July 30, CENTCOM forces have redirected 22 commercial vessels, disabled 2, and boarded 2 to ensure full compliance. ⭐ Egypt secures alternatives to meet energy demands after attack on gas vessel, PM says
💡 Focus on 64K support today: if it can hold, August may see an advance into the 66K–68K range. Overall, July displayed a choppy but upward trend, and August looks promising.
BTC rebounds to 64K, and the broader market broadly warms up.
📊 Main Market Trends BTC $64,198 (+0.34%) ETH $1,911.22 (-0.07%) SOL $73.88 (+0.12%)
Total Market Cap $2.28T 24h Trading Volume $67B BTC Dominance 56.5%
📌 Today’s Highlights ⭐ U.S. stocks ended sharply lower as inflation concerns pushed longer-dated bond yields to an almost two-decade high after the Fed left rates steady despite a resurgence in oil prices. The S&P 500 fell 1.5%, the Nasdaq 100 entered a technical correction at 11% off its record, 30-year Treasury yields reached their highest level since 2007, and Brent topped $90. ⭐ The US imposed sanctions on two Iranian companies that charge for safe passage through the Strait of Hormuz—an attempt to loosen Tehran’s grip on the vital waterway as hostilities between the countries resume.
On Wednesday, the Treasury Department announced new penalties on the Persian Gulf Marine Insurance Company and the HormuzSafe Marine Services Authority, saying they force commercial vessels to purchase mandatory maritime “insurance” to transit Hormuz.
The US, which has blockaded Iran’s ports as part of its effort to pressure Tehran into capitulation, also sanctioned eight companies operating “shadow fleet” vessels transporting Iranian oil. bloomberg.com/news/articles/… ⭐ Ambrey Security Company says a Greek-owned and operated Bermuda-flagged LNG tanker was struck by at least one drone while berthed at the Egyptian Natural Gas Holding Company at Egypt’s Damietta Port
💡 After consolidating in the 62K–65K range for several days, BTC began to push higher. Watch to see whether it can hold above 64K and then attempt to break toward 66K. ETH is strengthening in tandem.
BTC closed yesterday around 65K, and this morning pulled back to 63K. Overall, it’s still trading in a choppy range.
📊 Major Markets BTC $63,199 (-3.00%) ETH $1,875 (-3.57%) SOL $73.21 (-4.23%)
Total Market Cap $2.25T 24h Trading Volume $68.7B BTC Dominance 56.3%
📌 Today’s Highlights ⭐ LNG traffic through Hormuz at a standstill for nearly three weeks 🚢⚠️
🔎 No visible ship movement through the waterway since a Qatari LNG tanker was attacked earlier in the month 👻 (There is likely dark movement. But flows are way below pre-war levels even when including that) ⭐ Iran’s Top Joint Military Command Says Any U.S. Attempt to Implement 'Illegal' Maritime Blockade Is Seen as an Escalation of Regional Conflict ⭐ Iran’s Top Joint Military Command Says Any U.S. Attempt to Implement ‘Illegal’ Maritime Blockade is Seen as an Escalation of Regional Conflict
💡 Is this morning’s pullback profit-taking, or is it a shakeout? Watch the 62,000 support level. This week, focus on the Federal Reserve’s stance and ETF fund flows.
📊 Market Today • BTC $64,734 (+1.30%) — Steady above the $64k mark over the weekend • ETH $1,858 (+1.05%) — Slight rebound • SOL $75.52 (+0.57%) — Sideways consolidation
📌 Weekend Recap • BTC consolidated in the $64k–$65k range, moving relatively steady over the weekend • ETH followed the rebound, but the strength is not as strong as in recent times; $1,900 faces near-term pressure • The overall market saw shrinking volume and choppy consolidation; weekend trading was quiet • Network fluctuations continued for two days—today it finally recovered
📈 Technical Analysis • BTC: The $64k support is still valid; $65k is the line between bulls and bears • ETH: Choppy around the $1,850 area; it needs increased volume to break through $1,900 • Weekend volume contraction is normal—don’t overthink short-term fluctuations
💡 Weekend Strategy • Do not change current spot holdings; don’t tinker too much with short-term trades • Watch for any changes in the news backdrop over the weekend • If Monday’s open breaks above $65k on increased volume, then continue to look for longs • Next Wednesday, watch the performance of U.S. stocks and the moves of large holders
📊 Today’s Market • BTC $64,722 (+0.15%) — Consolidating steadily above the $64k level • ETH $1,922 (+2.86%) — Leading the way! Pushing toward $1,950 • SOL $77.00 (-0.43%) — Sideways and range-bound
📌 Yesterday’s Recap • BTC traded in a narrow range between $64k and $65k, staying almost flat for the day • ETH showed impressive strength, breaking strongly above $1,900, up +2.86% as the top performer • Market sentiment kept improving, with funds rotating from BTC to ETH • The situation between Iran and the U.S. continued to ease, reducing safe-haven sentiment
📈 Technical Analysis • BTC: The $64k support is holding; $65k is short-term resistance—if it stays above, attention turns to $66k • ETH: $1,900 has been broken; the next target is $1,950–$2,000 • The ETH/BTC ratio is strengthening, and capital has started shifting toward catch-up sectors • SOL: Consolidating around $77; $80 remains the key breakout level
💡 Strategy • The bullish structure remains unchanged—above $64k, focus mainly on going long on pullbacks • Watch for ETH catch-up opportunities—look to go long above $1,900 • Be aware of potential volatility tonight from U.S. data
📊 Today’s Market (Broad Rebound) • BTC $64,473 (+3.32%) — Re-approaching $65k • ETH $1,865 (+4.87%) — Leading the majors, breaking above $1,850 • SOL $77.06 (+2.83%) — Following the crowd as sentiment warms up
📌 What happened yesterday? • BTC rebounded from $62,400 to $64,473, with a more-than 3% daily gain • ETH was the strongest performer, +4.87% leading the market and breaking the $1,850 level • Market sentiment clearly improved; easing tensions in the Iran–Israel situation is a key reason • The “digital gold” narrative continues to strengthen, with signs of institutional capital returning
📈 Technical Analysis • BTC has reclaimed above $64k; $64k has flipped from resistance to support • If it holds above $64k today, the next target is $65k–$66k • After ETH breaks $1,850, it will look toward $1,900 • SOL is back at $77; $80 is a key near-term resistance level
💡 What to watch today • The release of US CPI/PPI data • Remarks from Federal Reserve officials • Whether BTC can hold above $64k to confirm the breakout
📊 Market Overview Today • BTC $62,444 (-1.54%) — Dropped from $64k, testing support • ETH $1,783 (-1.30%) — Pullback in line with BTC • SOL $75.24 (-1.54%) — Hovering around the $75 level
📌 What happened yesterday (July 13)? • After Trump’s Iran ceasefire comments, BTC fell from the $64k area to around $62k • Weekend liquidity was low; a pullback on reduced volume is a normal technical adjustment • The Iran situation has entered a “talk while fighting” phase, and the risk premium is decreasing in the short term
📈 Technical Analysis • There’s heavier selling pressure above $64k for BTC; currently the market is retracing to the $62k support area • If $62k fails to hold, the next support is at $60k-$61k • However, the weekly-long structure hasn’t been broken; the pullback is an opportunity • Watch $1,760 support for ETH, and there are buy orders around SOL at $74
💡 What to Watch Today • US CPI data release (if it comes out this week) • Fed officials’ remarks for hints about the rate-cut path • Whether there’s any new progress in the US-Iran negotiations
🛡️ Trading Suggestions • Short term: Around $62k, consider a small-sized long with a stop-loss at $61,500 • Medium term: A retracement after a bullish weekly close is normal—holders shouldn’t panic • Don’t chase or panic-sell; wait for stabilization in the $60k-$62k range before entering
📊 Current Price • BTC $64,004 — Strong rebound from this week’s $58k low by over 10%. Currently consolidating near the highs • ETH $1,802 (+0.67%) — Holds above $1,800; mainstream capital continues to flow in • SOL $76.66 (-1.19%) — Slight pullback; the impact of the BONK incident is gradually fading
📌 Weekly Recap & Next Week’s Outlook
This week’s key event: The outbreak of the Iran–Israel conflict → BTC first fell then rose → the “digital gold” narrative was strengthened • Mon–Tue: Hostilities between Iran and the U.S.; BTC dropped to the $58k area • Wed–Thu: Escalation of the conflict; BTC rebounded to $63k+ • Fri–Sat: BTC stabilizes around $64k; the market absorbed geopolitical risk • Trump said the Iran ceasefire agreement has ended, but Iran admitted that “starting the fire” was a mistake
What to watch next week: • Whether the Iran–U.S. conflict moves into a diplomatic negotiation phase • U.S. CPI data (if postponed, pay attention to the timing) • Whether BTC can hold above $64k and challenge the $65k–$66k resistance zone • Changes in the ETH/BTC ratio—if ETH continues to strengthen, it may help trigger the altcoin season
💡 Weekend Trading Tips When liquidity is low, be cautious—enjoy your weekend. A bullish weekly close for BTC has already set the tone for the bulls. Next week looks favorable for a choppy upward trend.
• BTC $63,973 (+0.22%) choppy trading at high levels; rebounded nearly 10% this week from the $58k low • ETH $1,789 (+1.25%) outperformed BTC; funds are starting to flow back to mainstream coins • SOL $77.55 (-1.63%) sees a mild pullback; the aftershocks of the BONK event are still present
🔥 Weekend Headlines • Trump claims the Iran ceasefire agreement "is already over" and leaves a directive: if he is assassinated, it would mean "bombing Iran at an unprecedented level" • Iran admits that firing on vessels in the Strait of Hormuz was "a mistake" • Signs of de-escalation appear in the US-Iran conflict, but uncertainties remain over the weekend
📊 Weekend Market Outlook BTC closed the week with a strong bullish candle, rebounding from $58k to $64k, confirming last week’s view that "$58k-$60k is a strong support zone." Liquidity is usually lower over the weekend, so it’s recommended to keep positions light.
Next week to watch: • Whether the US-Iran conflict enters a negotiation phase • How the situation in the Middle East affects oil prices and inflation • Whether BTC can hold above $64k and challenge the $65k resistance level
🃏 Tarot Reading for Crypto Markets | Week 2 of July Forecast Guide
U.S.-Iran conflict, the Strait of Hormuz, and BTC rebounding to $64k—this week in crypto feels like a roller coaster. If we interpret this week’s market with tarot cards, what kind of scene would it be?
🃏 Three Tarot Cards for This Week in Crypto
🔥 First Card: The Tower — U.S.-Iran Conflict The Tower card represents sudden collapse and the unveiling of truth. This week, the U.S.-Iran conflict erupted: the U.S. launched airstrikes on Iran, revoked oil permissions, and shipping through the Strait of Hormuz was nearly halted—the geopolitical Tower came crashing down. For the crypto market, panic selling in the short term is unavoidable, but the Tower also means: “the old order is broken, and a new system will be rebuilt from the ruins.”
🌊 Second Card: The Moon — Market Sentiment The Moon card stands for uncertainty, illusions, and hidden risks. Market sentiment swings violently between fear and greed—oil prices surge, inflation expectations heat up, and the Fed rate-cut path becomes unclear. The Moon reminds us: not everything is visible, so staying cautious is the best strategy this week.
☀️ Third Card: The Sun — BTC Rebound The Sun card is one of the most positive cards in tarot, symbolizing joy, clarity, and vitality. BTC rebounded strongly from a low of $58k to $64k (+2.08%), and ETH also rose by more than 3%. The Sun says: although the geopolitical crisis is terrifying, the narrative of Bitcoin “digital gold” is being validated—truly good things always shine through the chaos.
📊 Quick Horoscope Snapshot for Crypto by Zodiac Sign
♈ Aries (3.21–4.19): The Chariot — You have drive in trading this week, but don’t chase pumps or cut too late. Control your impulses. ♉ Taurus (4.20–5.20): The Empress — Steady holding is your rhythm. In a geopolitical crisis, you should hold your positions more firmly. ♊ Gemini (5.21–6.21): The Magician — Information is your weapon. This week is ideal for studying on-chain data to find opportunities. ♋ Cancer (6.22–7.22): The Moon — A week of big emotional swings. Check the market less and rest more. ♌ Leo (7.23–8.22): The Sun — Best luck! Short-term opportunities are in your hands. Be confident, but don’t be overconfident. ♍ Virgo (8.23–9.22): The Hermit — Good for research and study, not for execution. Observe and wait. ♎ Libra (9.23–10.23): Justice — Your holdings will be rewarded fairly. If you’re a mid-term holder, have patience and wait. ♏ Scorpio (10.24–11.22): Death — If you need to cut losses, cut. If you need to switch positions, switch. The ending is for a better beginning. ♐ Sagittarius (11.23–12.21): Wheel of Fortune — A lucky week, but don’t put all your chips on luck. ♑ Capricorn (12.22–1.19): The Emperor — You’re steady and grounded. This week is good for long-term positioning and planning. ♒ Aquarius (1.20–2.18): The Star — Keep hope. Don’t let short-term volatility lead you off course. ♓ Pisces (2.19–3.20): Temperance — Pay attention to position management. Don’t over-leverage. Balance is king.
💡 Summary This week’s tarot tells us: the geopolitical “black swan” will eventually pass. Assets that are truly valuable will reveal resilience through the storm. Face the market optimistically with The Sun, control risk cautiously with The Moon, and use the wisdom of The Tower to accept change.
⚠️ This article is for entertainment only and does not constitute investment advice.
📈 BTC rebounds to $63,853 (+2.98%), as the "digital gold" narrative gains momentum
🔥 Day 3 update on the US-Iran conflict • The US confirms it is prepared to continue strikes against Iran if necessary, but diplomatic channels remain open • Another explosion reported at Iran’s Abbas Port • Shipping through the Strait of Hormuz nearly halts—only 6 tankers pass (normal daily volume is 100+) • Oil prices surge + shipping disruption raises global supply-chain risk levels
📊 Market analysis After two days of declines, BTC staged a strong rebound, rising nearly 3% over the past 24 hours. Market logic is shifting: • Early stage of the geopolitical crisis: BTC fell alongside risk assets (liquidity panic) • Deepening geopolitical crisis: BTC starts following the "digital gold" logic (its safe-haven attribute becomes more prominent) • Oil price spike + inflation risk: traditional markets come under pressure, while BTC—an unsovereign asset—benefits instead
SOL $78.90 (+1.55%) follows the rebound, but the aftermath of the BONK incident is still in play.
💡 What to watch today • Developments in the US-Iran situation: whether a negotiation window opens • Recovery of shipping through the Strait of Hormuz (which will determine the outlook for oil prices) • Weekend fund flows (typically, risk-averse funds are more active on weekends)
⚠️ Investing involves risk. This article does not constitute investment advice
📰 July 9 Midday Quick Report | The Iran-Iraq conflict persists, the Strait of Hormuz is in danger
🔥 Day 2 of the fighting: U.S. airstrikes hit multiple port cities along Iran’s southern coast • Abbas Port saw 8 explosions; Jask Port and Chabahar Port were hit • Iranian railway bridges were targeted; rail lines connecting Abbas Port were damaged • U.S. strike targets: coastal radar stations, anti-ship missile positions, and air-defense systems • The UK and NATO have publicly stated support for U.S. military action
🛢️ Market ripple effects • Oil prices surged for a second consecutive day; the market fears a disruption to Strait of Hormuz supply • Global inflation expectations rise again, lowering the likelihood of a September rate cut by the Fed • BTC faces short-term pressure; if the situation worsens, it may test $60k
📊 What to watch tonight: U.S. CPI data If CPI comes in above expectations + a double negative from the Iran-U.S. conflict, the market will face significant pressure. Conversely, if CPI weakens, it may provide a short-term boost to risk assets.
💡 In terms of action, it is advised to stay cautious and control position sizing.
🚨 July 8 Deep-Dive: Reasons for the Sharp Selloff | Escalation in the U.S.-Iran Conflict Puts Pressure on Crypto Markets
Today, the crypto market broadly fell, with BTC dropping to $62,258 (-1.64%), ETH to $1,746 (-1.91%), and SOL to $77.33 (-4.56%).
Key reason: The U.S.-Iran conflict has escalated in an all-out way, with a fresh “black swan” hitting the Middle East situation again
1️⃣ U.S. airstrikes in southern Iran The U.S. military launched airstrikes targeting multiple monitoring facilities along Iran’s southern coast—its largest military action since September.
2️⃣ The U.S. revokes Iran oil export licenses The White House tore up key terms of the ceasefire agreement and canceled exemptions for Iran’s oil sales. This means Iran’s monthly oil revenues in the billions of dollars are cut off.
3️⃣ Iran declares the agreement “void” Iran’s Ministry of Foreign Affairs said: The U.S. has defaulted, and Israel continues attacks on Lebanon, making the “core provisions” of the ceasefire agreement “invalid,” and Iran reserves the right to self-defense (citing Article 51 of the UN Charter).
4️⃣ Strait of Hormuz crisis Iran hinted it would re-examine arrangements for the Strait of Hormuz, which carries about 20% of global oil transport. If it is blocked, oil prices would surge.
5️⃣ NATO signals support NATO Secretary General Rutte publicly stated that “the new attack on Iran is absolutely necessary,” with risks of further escalation in the situation.
📊 Market impact analysis
• In the short term, risk-averse sentiment dominates, and funds flee from risk assets • BTC is currently trading in a $62k–$63k range; if the situation worsens, it may test the $60k support • SOL has the largest drop (-4.56%). Altcoins typically take the first hit under geopolitical crises • If oil prices spike sharply, it could raise inflation expectations, which is unfavorable for risk assets like crypto • However, the geopolitical crisis also strengthens Bitcoin’s “digital gold” narrative, and the medium-term bullish logic remains unchanged
💡 Trading suggestions • Primarily stay on the sidelines in the short term; don’t blindly bottom-fish • Closely monitor how the U.S.-Iran situation evolves • If BTC falls into the $58k–$60k range, it could be viewed as a mid-term entry opportunity • With the SOL/BONK event overlapping geopolitical risk, temporarily avoid altcoins
⚠️ Investing involves risk. This article does not constitute investment advice.
📊 Market Brief BTC is consolidating around \$62k, as the market awaits this week’s CPI data (to be released on Thursday) and the Federal Reserve’s meeting minutes. If the CPI continues to weaken, expectations for September rate cuts will heat up, which is favorable for risk assets. The \$58k-\$60k zone remains a strong support area. 💡 Trading involves risk; invest with caution.
📰 July 7 Midday Quick Report | BONK DAO Suffered an Attack + Market Analysis
🚨 Major News Today: BONK DAO Hit by Governance Attack, $20 Million Stolen The Solana ecosystem meme coin BONK treasury was maliciously attacked. Tokens worth $20 million were stolen and have begun transferring to exchanges. This is yet another major security incident targeting a DAO.
📌 Market Snapshot • BTC bounced from last week’s $58k low to $62k+, then stabilized • This week’s key focus: U.S. CPI data (affecting the September rate path) • Mt. Gox repayments are underway, with about 140,000 BTC awaiting distribution • The Senate vote on the CLARITY bill is imminent
📊 Quick Market Take BTC is consolidating in the $61k–$64k range, waiting for CPI data as a catalyst. The BONK incident may weigh on Solana ecosystem sentiment in the short term, but SOL’s technical picture remains relatively strong. A recovery trend is promising in Q3.