According to the popularity ranking, HYPE ranks first in popularity, while LAB has the largest increase. The popularity ranking is as follows: ① HYPE （$68.70，-3.23%） ② LAB （$16.18，63.27%） ③ ETH （$1760.83，0.09%） ④ SOL （$80.19，-2.18%） ⑤ XAUT （$4165.89，0.02%） The selling power of LAB's main funds is average, with a net outflow of $2.2932 million within 24 hours and a transaction volume of $4.5528 million within 24 hours, of which the main funds have a net inflow of $0.00.

According to HyperInsight monitoring, Huang Licheng, known as "Big Brother Ma Ji," has placed multiple ETH positions and is currently trading 9390 ETH with 25 times leverage, valued at 16.56 million US dollars. The average opening price is 1721.04 US dollars, with a floating profit of 400000 US dollars.

Ninja Trader Live senior macro strategist Craig Shapiro said that Federal Reserve Chairman Kevin Walsh is optimistic about economic growth, and the threshold for interest rate cuts is higher than market expectations. If the labor market deteriorates and interest rate cut expectations are delayed, it will be detrimental to risk assets.

ZachXBT revealed that a hacker withdrew 3200 ETH through Tornado Cash on July 2-3 and used Circle's CCTP cross chain bridge to launder approximately $5.5 million. They then transferred USDC to seven recharge addresses on the Arbitrarum network.

[China Payment and Clearing Association Issues Reminder to Prevent Cross-Border Gambling and Fraud with Virtual Currencies] The China Payment and Clearing Association has issued a warning about preventing cross-border gambling and fraud involving virtual currency top-ups, reminding the public to enhance awareness of anti-fraud and anti-gambling. Participating in virtual currency gambling and providing fund settlement for gambling activities constitute illegal and non-compliant behavior.