Good morning, crypto circle! | July 1 Crypto Morning News Quick Overview



1. Market Snapshot: BTC drops below $58,000, with a slight decline over the past 24 hours; major coins face pressure in tandem, and risk-avoidance sentiment heats up

2. Macro Signals: The Japanese yen exchange rate hits a new low in 40 years; a strengthening U.S. dollar continues to weigh on the prices of risk assets such as crypto and gold

3. Industry Updates: USDT gradually withdraws from the European market; USDC takes the lead in the EU-compliant stablecoin track; institutions roll out new tokenized bond products, and traditional asset management accelerates its entry into on-chain assets

4. Trading Desk Reminder: U.S. ADP employment and manufacturing PMI data will be released this evening; data fluctuations are highly likely to trigger sharp BTC wicks, so strictly control positions in the short term
Morning, get ahead of the information gap, and avoid stepping into big deep pits with too many trades—today’s focus is the release of tonight’s macro data! $BTC
BTC-0.52%
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