Express
HTX DeepThink: Cryptocurrency Trading Volume Declines as US Tariff Deadline Approaches, Macro Uncertainty Intensifies
Summary: According to HTX Research analyst Chloe, the 24-hour spot trading volume in the cryptocurrency market has fallen to around $104 billion, a decrease of over 20% since early June, with Bitcoin hovering around $107,000. As the July 9 deadline for US tariffs approaches, market concerns about rising import costs and tightening US dollar liquidity are ...
According to HTX Research analyst Chloe, the 24-hour spot trading volume in the cryptocurrency market has fallen to around $104 billion, a decrease of over 20% since early June, with Bitcoin hovering around $107,000. As the July 9 deadline for US tariffs approaches, market concerns about rising import costs and tightening US dollar liquidity are expected to dampen risk appetite.
Deutsche Bank's Pennsylvania plan is gaining attention, aiming to attract domestic support for government bonds through regulatory exemptions, tax incentives, and stablecoin legislation, and promote the widespread adoption of USD stablecoins.
On-chain data shows that the demand momentum index has dropped to a historic low, with miner income declining and selling pressure rising; in derivatives, open interest in Bitcoin options remains at a high of $90 billion, with a Put/Call ratio of 0.74. CME FedWatch indicates that the expectation of a rate cut in September has risen to over 70%, with macro policy trends still dominating market sentiment.
Tags:
Link: HTX DeepThink: Cryptocurrency Trading Volume Declines as US Tariff Deadline Approaches, Macro Uncertainty Intensifies [Copy]
