According to Bitcoin.com News, Grayscale stated that by the end of 2025, stocks accounted for 46.71% of US household financial assets, up from 43.99% a year ago. Grayscale research director Zach Pandl stated that the increasing concentration and overvaluation of stock assets have increased the opportunity for cryptocurrency assets to be used for portfolio diversification. Grayscale stated that the long-term profit growth of the S&P 500 index is expected to rise to over 25% on August 28th. According to data released by Grayscale, the 90 day correlation between Bitcoin and the Nasdaq 100 index has dropped to about 33%, while the correlation with gold has risen to over 50%. Grayscale pointed out that the historical volatility of Bitcoin is higher than the broad equity indices and has not always played a role as a safe haven asset.

[LME Copper Futures Retreat from Seven-Month High Amid Middle East Tensions and Fed Rate Hike Expectations] According to Jin10 Data, LME copper futures prices have retreated from a seven-month high due to escalating conflicts in the Middle East and rising expectations of a Federal Reserve rate hike. In the spot market, copper inventory flows are diverging, with destocking slowing in some regions. A tightening financing environment has led to higher borrowing costs, suppressing actual downstream demand. Moving forward, the focus will be on the evolution of geopolitical tensions and key central bank interest rate decisions.

According to CNN, the United States escorted 40 oil tankers in the Strait of Hormuz while repelling Iran's drone and missile threats. （Cointelegraph）

The UK recruitment company XCE has received Adam Back's common stock subscription investment, increasing its holdings by 10 bitcoins and currently holding 72.94 bitcoins.

Bitwise CIO Matt Hougan stated that Bitcoin is experiencing a significant rise, a new cycle is approaching, and market concerns about currency depreciation are increasing. （Bitcoin Archive）