US June ISM Manufacturing Prices Paid Index

NEW: 🇺🇸 BlackRock's Ethereum ETF is listed on the DTCC under ticker $ETHA #imcooladi4u# #ContentStar# #HotTopicDiscussion# #BountyCreator#

💰 BlackRock's SPOT $ETH ETF ($ETHA) is now trading in the pre-market. #Gate Post Highlights# #Crypto ##moonspid##ETH##ETHA#

The market is generally bullish on the price of ETH.

 Headlines Biden's COVID-19 test came back positive According to CNN, Biden tested positive for the coronavirus and canceled a speech today. Biden: Will consider withdrawing from the election if health issues arise According to The New York Times, President Biden said in a recent interview that if the doctor directly tells him that his physical condition is a problem, he will reassess whether to continue participating in the presidential campaign. This comment is the latest in a series of repeated explanations of the reasons that could lead him to reconsider. Biden also indicated for the first time

July 25th afternoon: Despite the progress of the Ethereum ETF, Bitcoin big dumped to 63800 amidst the sluggish market. Bitcoin's price trend was strong yesterday, breaking through 67000 at one point and then stabilizing around 66000. However, overnight trading caused Bitcoin's price to big dump to 63800. Despite the recent launch of the Ethereum ETF, Ethereum has plummeted by 7.6% to around 3100. Other major altcoins have also experienced declines: SOL down 1.7%, Dogecoin down 5.5%, AVAX down 4.8%. This decline may be related to the massive outflow of funds from the Ethereum ETF, with Grayscale's ETHE experiencing a net outflow of over $810 million. Such a massive outflow of funds has had a chain reaction throughout the market. Despite significant outflows from Grayscale's ETHE fund, other Ethereum ETFs have performed relatively well. BlackRock's ETHA leads with an inflow of $2.839 billion, followed by Bitwise's ETHW with an inflow of $2.336 billion, and Fidelity's FETH attracting $1.457 billion. This difference highlights the varying confidence of investors in different ETFs, reflecting the complex sentiment in the market. The sluggish cryptocurrency market has led to a large number of liquidations. According to Coinglass data, 292 million US dollars of leveraged transactions were liquidated in the past 24 hours. Most of them (259 million US dollars) came from long positions. In addition, 33 million US dollars of short positions were liquidated. This wave of large-scale liquidation highlights the inherent volatility and risks of the encryption currency market. In the past 24 hours, about 73,612 investors have been liquidated, with the largest single liquidation order occurring in BA, involving the BTC/USDT pair, worth $11.78 million. The ongoing volatility and these large-scale liquidations reflect the importance of caution and risk management in cryptocurrency trading. Investors must be constantly aware of the situation and be prepared for rapid market changes. In short, the recent fluctuations in the prices of Bitcoin and Ethereum indicate the inherent volatility of the encryption currency market. Key events such as ETF fund changes will significantly affect market dynamics, leading to a large number of liquidations. For investors, adopting a balanced approach, keeping pace with market developments, and adopting a robust risk management strategy are crucial for navigating these turbulent waters. Today's intraday Bitcoin trading suggestion: you can speculate on a rebound at 64000 on an hourly basis, aiming for a 1000-point increase, with a stop loss of 390 points. 65000 can be used to layout short positions, with a risk control of 500 points, and the target is to drop below 63800 to see 63200#BTC#