Evercore ISI and Santander Bank: The Federal Reserve will still focus on inflation, and market expectations for interest rate hikes have been adjusted excessively

According to Bloomberg, the US Senate is expected to release the final text of the Bitcoin Clarity Act within a few days, which will be released over the weekend of July 4th. （The Bitcoin Historian）

The Federal Reserve accepted a total of $2.175 billion in funds from four counterparties in its fixed rate reverse repurchase operation.

Citigroup data shows that after the Nasdaq 100 index rose 30% in three months, traders' demand for call options from the largest exchange traded fund tracking the index surged. The cost of call options on technology stocks is at its highest level relative to the S&P 500 index since 2007, and funds are rotating into artificial intelligence and growth stocks. Despite market concerns about overheating in artificial intelligence trading and the recent underperformance of the Nasdaq 100 index compared to the S&P 500 index, Spot Gamma founder Brent Kochuba stated that traders are currently in an extremely bullish state.

Binance XMR/USDT's perpetual trading volume surged 16 times within 10 minutes, with a turnover of $23.07 million in the past 24 hours, an increase of 4.07% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

European Central Bank President Lagarde expressed confidence that the ECB's interest rate hike in June was the right choice.