Overview

Despite strong performances from the S&P 500 and NASDAQ indices, Bitcoin fell to the $64,000 level, while Solana dropped from $180 to $169. After data revision, Ethereum ETFs recorded their first net inflow since their launch on July 30. In macroeconomic news, the Federal Reserve maintained its interest rates, while the Bank of Japan implemented a rate hike. Additionally, the meme token NEIROETH showed impressive performance, demonstrating significant gains.

Daily Macro

Bitcoin Market Situation : Despite strong rebounds in the S&P 500 and NASDAQ indices, Bitcoin fell to the $64,000 level, showing significant volatility.

Bitcoin ETF Situation : The outflow on July 30 was revised from the initially reported $93 million to $18.3 million. The latest data shows a net outflow of $20.7 million yesterday.

Ethereum ETF Situation : The previously reported outflow of $83 million on July 30 has been revised to a net inflow of $33.7 million, marking the first net inflow since the launch of Ethereum ETFs. However, yesterday saw a net outflow of $82.2 million. Grayscale's ETHE continued to experience capital outflows, totaling $133.3 million.

Macroeconomic Data : The Federal Reserve maintained its key interest rate in the range of 5.25% to 5.5%. Fed Chairman Powell hinted at a possible rate cut in September. Meanwhile, the Bank of Japan raised interest rates to 0.25% and indicated the possibility of further rate hikes this year.

Daily Focus

NEIROETH

Reason for Attention : NEIROETH, the sister token of the legendary $DOGE, named after the famous Shiba Inu from the viral Doge meme, has gained popularity on X and in the crypto community. In terms of market consensus and trading activity, it seems to have surpassed NEIRO on Solana.

Related Token/Project Changes (24 hours) :

NEIROETH: +32.13%
NEIRO: -46.53%

Market Analysis : The player-versus-player (PVP) market is highly competitive, and capital may flow into tokens with higher market consensus. Investors should be aware of high volatility and the risk of rapidly declining token popularity.

Future Focus

Telegram Update

Reason for Attention : Telegram announced a new update introducing a built-in browser that supports multi-page and decentralized websites. The update also includes a mini-app store allowing users to explore mini-applications and other features.

Related Token/Project Changes (24 hours):

TON: -0.34%
NOT: +0.33%
PIXFI: -8.72%
REDO: +0.13%
LUMBER: -0.77%

How to Participate : Users can directly explore new applications on Telegram Messenger, including a Built-in browser and mini app store. The new features also allow users to gift stars to contacts and share weather information. For more details, please refer to Telegram's official announcement.

Coinex Daily Report: Bitcoin Falls Amid US Stock Market Rebound; Ethereum ETF Records First Net Inflow on July 30