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According to Gate market data, the Nasdaq has recently dropped by 0.12%, narrowing the decline.

Strategy founder Michael Saylor stated that the capital markets are providing funding for AI infrastructure on an unprecedented scale, with approximately $400 billion raised in the past six months. Saylor pointed out that since May 14, there has been about $4 billion in outflows from Bitcoin ETFs, putting pressure on BTC prices. However, he believes this is a rotation of capital rather than damage to Bitcoin itself. Saylor stated, "Volatility creates opportunity."

According to Gate market data, the Nasdaq 100 index futures have widened their decline, reaching an intraday low, with the current drop at 1.43%.

According to Gate market data, the S&P 500 index futures continued to decline, reaching an intraday low, with a drop of 0.6%.

According to Jinshi, the US stock semiconductor sector continued to decline before the market opened, with Broadcom down over 13%, Micron Technology down 6%, and both AMD and Intel down 4%.

According to CoinDesk, Citi analyst Alex Saunders stated in a recent report that the recent sale of Bitcoin by Strategy has caused market volatility, but the bigger issue is the lack of demand from new investors.The report pointed out that this sale by Strategy is part of a previously disclosed tax optimization plan and not a strategic shift. What is truly concerning is that the spot Bitcoin ETF has seen net outflows for 11 consecutive days, which is an important signal of weak investor adoption. Analysts estimate that ETF fund flows can explain about 45% of Bitcoin's weekly price fluctuations.In addition, the likelihood of the U.S. crypto market structure bill passing this year is decreasing, reducing potential positive catalysts. The bank believes that in the absence of regulatory progress and new capital inflows, Bitcoin market sentiment will remain subdued.

According to Gate market data, the US stock market continues to decline, with the S&P 500 index down 0.7%, the Nasdaq index down 1.1%, and the Dow Jones index down 0.9%.

According to Gate market data, the US stock market continues to decline, with the Nasdaq index down 1%.

According to The Defiant, Binance announced that it will officially stop centralized NFT market services starting from July 3, 2026, and all NFT functions will be migrated to the self-custody Binance Wallet.This move marks a near-complete retreat of NFT markets supported by centralized exchanges (CEX). Previously, platforms such as Coinbase NFT, Kraken NFT, Gemini Nifty Gateway, and X2Y2 have successively closed or transformed.Binance stated that this adjustment aims to provide users with a more seamless Web3 NFT experience. Users must withdraw transferable NFTs to Binance Wallet or other self-custody wallets by July 3 at 23:59 (UTC), and the platform will reimburse part of the withdrawal fees.

According to HTX market data, SOL has broken through 75 dollars, currently reported at 75.09 dollars, with a 24-hour decline of 5.62%.

According to Arkham monitoring, the bankrupt cryptocurrency exchange Mt. Gox transferred 10,422.65 bitcoins from its cold wallet, worth over $739 million. Most of the funds were sent to a new wallet, while 116.3 bitcoins were routed to Mt. Gox's known hot wallet. This transaction did not indicate that Mt. Gox sold any bitcoins or started a new round of creditor repayments. Due to the incomplete creditor process and processing delays, the liquidation trustee has extended the repayment deadline to October 31, 2026. Currently, Mt. Gox still has approximately 35,000 bitcoins awaiting distribution, worth about $2.4 billion.

According to Cointelegraph, CertiK data shows that losses from attacks on crypto platforms in May dropped to $68.3 million, a nearly 90% decrease from $650 million in April. May became the third month in 2026 with losses below $100 million. Of this, approximately $2.6 million came from phishing attacks, and about $9.4 million of stolen funds have been recovered or returned. The largest single loss in May came from the Verus Protocol cross-chain bridge attack, with $11.5 million stolen; THORChain ranked second, with $10.1 million stolen. Code vulnerabilities were the highest loss type, accounting for about $45 million, or 66%; wallet or private key leaks resulted in $13.7 million in losses. Cross-chain bridges were the primary target of attacks, with losses of $28.6 million, accounting for 42%. DeFiLlama data shows that there were a total of 29 incidents in May, of which 7 involved private key leaks.

Driven by optimistic expectations for an extended ceasefire agreement between the U.S. and Iran, the U.S. stock and oil markets continued to strengthen this week. The S&P 500 index rose for the ninth consecutive week, setting the longest winning streak since 2023; Brent crude oil stabilized around $92 per barrel. However, the cryptocurrency market failed to follow the rise of macro risk assets. Over the past week, Bitcoin fell 2.6% to $73,445, Ethereum dropped 2.5% to $2,011, Solana decreased by 2.2%, and TRX saw a decline of 5.6%, making it one of the weakest tokens among the top ten cryptocurrencies by market capitalization. Market analysts believe that the cooling inflow of funds into spot Bitcoin ETFs is putting pressure on coin prices.In contrast, some small and mid-cap tokens performed remarkably well. Among them, the native token of Hyperliquid, HYPE, surged 19.4% this week to around $65, becoming the biggest highlight in the market. Previously, Intercontinental Exchange (ICE) CEO Jeffrey Sprecher referred to Hyperliquid as "a bigger opportunity than Nasdaq" at the Bernstein conference, further boosting market sentiment. Additionally, BNB rose 1.9% this week, XRP increased by 0.7%, and DOGE remained basically flat.On the macro level, U.S. President Trump stated that a final decision on the U.S.-Iran ceasefire memorandum is close, but he still insists on Iran abandoning its nuclear program, handing over its enriched uranium stockpile, and opening the Strait of Hormuz. Market participants believe that due to significant differences between the two sides on key issues, the current rebound in risk assets remains relatively fragile, and any negative news regarding the Iran negotiations could trigger a reversal in market sentiment.

Michael Saylor posted on the X platform, stating that CFTC guidelines promote the development of the Bitcoin capital market, including around-the-clock trading, BTC collateral, perpetual futures, options, and regulated access. This will benefit BTC holders, support the MSTR engine, and facilitate the development of STRC as Bitcoin-backed digital credit.

The U.S. Commodity Futures Trading Commission (CFTC) has jointly issued staff guidance from its divisions of Market Oversight, Clearing, and Risk, addressing regulatory expectations and compliance requirements for the increasingly prevalent 24/7 trading, clearing, and settlement models, encouraging market innovation while ensuring compliance.The guidance emphasizes that regulated trading platforms, swap execution facilities, derivatives clearing organizations, and futures brokers must comply with the Commodity Exchange Act (CEA) and related regulatory rules when expanding around-the-clock trading, and must proactively assess risk management and operational arrangements.The CFTC points out that the adaptability of different asset classes to 24/7 trading varies, with derivatives related to crypto assets being more suitable for around-the-clock trading and clearing due to their digital infrastructure and global continuous trading characteristics; whereas traditional commodity derivatives like agricultural products may not be suitable for full 24/7 operation due to their regional and trading structure characteristics.CFTC staff stated that relevant institutions should ensure compliance with regulatory frameworks and risk control requirements while promoting the continuous evolution of the market to support "responsible market innovation."

Analyst Alicharts stated that if Ethereum's weekly closing price falls below $1850, a downward acceleration will become very likely. Through technical analysis, Alicharts believes that Ethereum's downward support levels will appear at the following targets:• First target: approximately $1560 (mid-term structural support);• Second target: close to $1070, marking the lower boundary of a multi-year range.

The cryptocurrency market research organization Santiment stated that ETH has fallen below $2000 for the first time since March 29. Typically, after a significant price drop, the market exhibits two typical sentiments: one is retail investors falling into FUD due to weak performance, and the other is FOMO sentiment viewing the drop as a "discount buying opportunity." Santiment pointed out that the market is currently experiencing the latter. As ETH breaks below a key psychological support level, a large number of retail investors are starting to "buy the dip."They believe this usually indicates that the price of ETH may still have further room to decline, as retail sentiment is currently too optimistic, and historically, the general market tends to make incorrect judgments. Santiment stated that a truly better buying opportunity usually occurs after market FOMO cools down and sentiment shifts to panic.

The cryptocurrency market research firm Santiment stated that ETH has fallen below $2000 for the first time since March 29. Typically, after a significant price drop, the market exhibits two typical sentiments: one is retail investors falling into FUD due to weak performance, and the other is the FOMO sentiment that views the drop as a "discount buying opportunity."Santiment pointed out that the latter is currently emerging in the market. As ETH breaks below a key psychological support level, a large number of retail investors are starting to "buy the dip." It believes that this usually indicates that the price of ETH may still have further room to decline, as retail sentiment is currently too optimistic, and historically, the general market tends to make incorrect judgments. Santiment stated that the truly better buying opportunities usually arise after market FOMO cools down and sentiment shifts to panic.

A recent report from blockchain analysis company Chainalysis points out that compliance standards in the cryptocurrency industry are tightening significantly, with about 47% of organizations entering the market in 2026 having pre-warning standards that can reach the strict levels of the top 10% of the industry in 2020. This indicates that the entire ecosystem is maturing rapidly, with newcomers equipped with more aggressive monitoring measures from the outset.The report shows that companies' "direct monitoring" of funds coming directly from known illegal sources has become consistent and strict, but there is still a significant gap in "indirect monitoring" of funds flowing through intermediary addresses. For example, the indirect risk warning thresholds for categories such as ransomware and fraudulent stores on cryptocurrency trading platforms are often 10 to 100 times higher than direct thresholds. The Chainalysis team points out that this gap between direct and indirect monitoring creates opportunities for illegal actors. Companies that can bridge this gap will not only enhance their regulatory defenses but also distinguish themselves as trustworthy counterparties.The report suggests that this indicates the industry is in a transitional period, having achieved specialization in direct risk management but not yet treating indirect risks with the same rigor. The elevation of industry compliance standards is a response to increasingly stringent regulations and ongoing threats from entities such as North Korean hacker groups. In 2025 alone, hackers linked to North Korea caused approximately $2 billion in cryptocurrency losses.

According to CoinDesk, Michael Kramer, founder and CEO of Motte Capital Management, stated that the U.S. Treasury's related settlement operations are expected to withdraw about $150 billion in liquidity from the financial system, which may exacerbate Bitcoin's current decline.He pointed out that Bitcoin often serves as a leading indicator of liquidity and has recently fallen below the key support level of approximately $75,000, down about 11% from this month's high of $82,500. Michael Kramer expects that this round of liquidity tightening will mainly come from U.S. Treasury bonds and short-term Treasury bill settlements.