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📢 Gate Square Daily | July 13
1️⃣ Geopolitics: After the U.S. launched a new military action against Iran, oil prices and U.S. Treasury yields rose; uncertainty in the Strait of Hormuz continues to drive market volatility.
2️⃣ This week’s focus: The market will closely watch U.S. CPI and PPI data, Fed remarks, and the latest progress on the Clarity Act.
3️⃣ Regulation: U.S. lawmakers plan to release an amended draft crypto market structure bill this week.
4️⃣ Market update: BTC is at $63,748, down 0.5% in the past 24 hours; ETH is at $1,805, down 0.5% in the past 24 hours.
5️⃣ TradFi: SK Hynix’s operating profit is expected to be 60.4 trillion won, 8% lower than market expectations. South Korea’s KOSPI is down more than 5%, while SK Hynix is down 9.6%.
1️⃣ Geopolitics: Oil prices and U.S. Treasury yields rose after the U.S. launched a new military operation against Iran, while uncertainty around the Strait of Hormuz continued to fuel market volatility.
2️⃣ This Week’s Focus: Markets will closely watch U.S. CPI and PPI data, Federal Reserve speeches, and the latest progress on the Clarity Act.
3️⃣ Regulation: U.S. lawmakers plan to release a revised draft of the crypto market structure bill this week.
4️⃣ Market Update: BTC trades at $63,748, down 0.5% in 24 hours; ETH trades at $1,805, down 0.5%.
5️⃣ TradFi: SK Hynix’s operating profit is projected at KRW 60.4 trillion, 8% below market expectations. South Korea’s KOSPI fell over 5%, while SK Hynix dropped 9.6%.