According to The Block, CryptoQuant analysis suggests that the recent rebound of Bitcoin is a repair in a bear market rather than a trend reversal. Bitcoin rebounded about 10% from last week's bear market low of $57700 to around $63000, recovering key support at $60000. Seasonal factors and improved demand in July supported this rebound, with a rebound of approximately 20% and 17% in July during bear markets in 2018 and 2022, respectively. On the 30th, the total demand for Bitcoin recovered to near neutrality from a contraction of approximately 650000 BTC in early June, and the Coinbase premium index rebounded from a deep negative value in early June to -0.062.

According to on chain analyst Yu Jin's monitoring, a certain address opened a $70 million long position on the Nasdaq 100 Index (XYZ100), with an average opening price of $29594 and a liquidation price of $24966. Currently, it has a floating profit of $380000.

1. Trump announces termination of ceasefire agreement, escalation of US Iran military conflict: Iranian missile attack on US military base in Jordan 2. JPMorgan: The shift of blockchain towards permissioned chains poses structural risks to Bitcoin 3. BlackRock transfers 951.5 BTC worth $59 million to Coinbase Prime 4. Circle is criminally charged by Wisconsin prosecutors for refusing to assist in recovering fraudulent funds 5. The US Supreme Court ruled at 6:3 that the President has the power to replace the leaders of independent federal agencies, which affects the regulatory progress of the SEC and CFTC 6. Hyperliquid demands CFTC to recognize that on chain protocols do not require registration 7. Spot gold rose 1% within the day, breaking through $4118.26 per ounce The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/543590

Michael Saylor expressed his excitement about the mission of Bitcoin as the world moves towards a digital currency revolution. （Cointelegraph）

According to CCTV, the Congressional Budget Office's "Monthly Budget Review for June 2026" shows that the total federal budget deficit for the first nine months of fiscal year 2026 is approximately $1.4 trillion, an increase of $35 billion from the same period in the previous fiscal year. During the same period, federal revenue was $4.2 trillion, an increase of $142 billion, or 4%; Expenditure was $5.5 trillion, an increase of $178 billion, or 3%.