The trading volume of BTC perpetual contracts between Binance and Bybit has dropped to a three-year low, and leverage risk remains high

Decentralized revenue protocol Neutrl tweeted that due to the impact on protocol reserves, Neutrl has temporarily suspended minting, redemption, and other protocol functions.

Michael Saylor stated that BTC is digital capital, STRC is digital credit, and stablecoins serve as a trading medium. （Cointelegraph）

[Barkin: Whether the Fed needs to raise rates to achieve the 2% inflation target remains undecided] According to Jin10, Federal Reserve's Barkin stated that whether the Fed needs to raise interest rates to restore the 2% inflation target, or whether inflation is already on a downward path, remains an unresolved question.

[Harker: Reiterates the Need to Raise Interest Rates Now] According to Jin10 reports, Federal Reserve's Harker reiterated the necessity of raising interest rates now.

The monthly PPI rate in the United States for July is 0%, with an expected rate of 0.20%, and the previous value has been revised from -0.30% to -0.1%.