[Bitcoin Underperforms S&P 500 Over the Past 90 Days, Market Still Dominated by U.S. Stocks] According to Glassnode, the S&P 500 index has risen 5% over the past 90 days, while Bitcoin has dropped 20%, showing a similar trend over the past 7 days. Glassnode believes that until Bitcoin regains its relative strength compared to stock indices, the current market will continue to be dominated by U.S. stock movements. The Nasdaq index is lagging behind other major indices, and the current environment is unfavorable for portfolios with high exposure to tech stocks.

Glenmede strategist said that investors expect the US CPI to rise by 3.4% year-on-year in July, and core price pressure is at a controllable level. With the escalation of tensions between the US and Iran and the rise in oil prices in July, the energy sector has been under pressure, but the market response has remained stable. The Federal Reserve has ample time to evaluate two inflation reports before the next meeting to determine whether energy pressure is under control. AI interpretation: CPI data, as a core indicator for measuring inflation, directly determines the pace of the Federal Reserve's monetary policy shift. The inflationary pressure brought about by the current fluctuations in energy prices forces the Federal Reserve to extend the duration of high interest rates to anchor price expectations. The market's optimistic assessment of core inflation masks the potential risk of a rebound in energy costs. The Federal Reserve aims to ensure that the path of inflation decline is not interrupted by external shocks by reviewing multiple inflation reports. This cautious evaluation mechanism strengthens the defensive stance of policy makers in their interest rate cut decisions.

Hyperliquid destroyed $1.07 million worth of HYPE tokens in the past 24 hours and incurred $1.45 million in fees. Hyperliquid has destroyed a total of 47.62 million HYPEs, worth approximately $2.63 billion, accounting for 4.76% of the maximum supply of 1 billion. （Onchain Lens）

The regulator cited missing transaction reports and the company’s failure to respond to an information request.

According to Globenewswire, eToro has released its Q2 2026 financial report, with a decline in cryptocurrency related trading activities and an increase in on chain financial layout. The number of encrypted transactions on eToro in July was 1.4 million, a year-on-year decrease of 73%; The single investment amount of encrypted assets was $182, a year-on-year decrease of 50%. The company's revenue related to encrypted assets was 1.346 billion US dollars, lower than the 1.915 billion US dollars in the same period of 2025. The overall net profit in the second quarter increased by 77% year-on-year to 53.48 million US dollars.