The demand for BTC futures market continues to grow, and whales are actively buying BTC futures positions. The rebound in spot demand is the core variable that opens up a larger market trend.

Goldman Sachs has raised its Coinbase target price from $173 to $196 and maintained a buy rating; Raymond James has raised AMD's rating to Strong Buy, with a target price of $641 from $565; Bank of America maintains buy ratings for Nvidia, Marvel, and Micron; Canaccord maintains its Strategy buy rating and has raised its target price from $130 to $175; Wolfe maintains Netflix's outperforming rating, with its target price rising from $84 to $95; Morgan Stanley raised Dynatrace to increase holdings, UBS raised Fluence to neutral, Wolfe raised Moderna to industry consistency, and Wells Fargo raised Shift4Payments to increase holdings.

Binance co-founder He Yi stated that Binance Wallet accounts for 75% of the overall wallet transaction volume, with a daily processing amount of over 13 billion US dollars. The wallet adopts MPC architecture to enhance security and account recovery capabilities, and integrates error address protection, malicious contract warning, and high-risk token/network alert functions.

As of August 21st, Binance had a net inflow of approximately $2.0261 billion, Coinbase had a net inflow of approximately $1.4472 billion, and the combined inflow of stablecoins from the two trading platforms accounted for more than half of the total market inflow.

The ADP employment figures in the United States for the week ending August 8th changed to 11750, compared to the previous value of 9500.