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  • 23:02
    Total Bitcoin Futures Open Interest Surpasses $81 Billion, Setting a New All-Time High
    According to ChainCatcher, citing data from Coinglass, the total open interest in Bitcoin futures contracts across the entire network has reached 701,330 BTC (approximately $81.47 billion), marking a new all-time high. Among them, CME's open interest in Bitcoin contracts stands at 154,220 BTC (approximately $17.91 billion), ranking first; One exchange's open interest in Bitcoin contracts is 116,840 BTC (approximately $13.57 billion), ranking second.
  • 22:59
    11% Becomes 20%: US Media Reveals Vietnam Did Not Agree to Tariff Rates Announced by Trump
    According to a report by Jinse Finance, Vietnam initially believed it had reached a preliminary agreement with the United States that would significantly lower tariff levels. However, at the last moment, Trump raised the tariff rates. As a result, the Vietnamese government has yet to formally accept the key parts of the agreement that Trump claimed on social media last week, even though Trump asserted that these terms had been approved by Vietnam’s leaders. According to Trump’s post on July 2, the US will impose a 20% tariff on Vietnamese exports to the US, and the rate could reach as high as 40% if “transshipment” is involved. In exchange, Vietnam would open its market to the US. This caused a stir in Vietnam, as their negotiators had not actually agreed to a 20% tariff rate. Four sources familiar with the matter revealed that they expected the tariff rate to be around 11%. During a phone call with Vietnamese leaders, Trump disregarded this figure and instead announced that the US would impose tariffs nearly double the originally anticipated rate. This even shocked the US lobbyists working on bilateral cooperation. “Trump caught everyone off guard,” one lobbyist said. So far, neither the White House nor Vietnam has released any documents indicating that the final agreement includes these tariff rates, and neither country has formally signed the agreement. (Politico)
  • 22:47
    Trader Eugene: After Ethereum historically broke through $2,800, it quickly surged toward $4,000 and I will continue to hold long positions
    According to ChainCatcher, trader Eugene shared in his personal community, "As long as Bitcoin doesn't follow the old pattern of a false breakout followed by a sharp drop (which currently seems unlikely, though it can't be completely ruled out), Ethereum is very likely to seize the opportunity to break through the key resistance zone at $2,800. Although I'm not entirely sure about the exact timing (Bitcoin dominance, BTC.D, may continue to strengthen for a while), I believe the probability of Ethereum breaking through this resistance zone has risen significantly today. In Ethereum's history, it has only broken above $2,800 three times, and each time the price quickly surged to around $4,000. History doesn't simply repeat itself, but it often rhymes in similar ways. I will continue to hold my long positions and get ready for a wild ride."
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