Odaily News US President Trump said on social media: Technology stocks, industrial stocks, and the Nasdaq index hit record highs! Cryptocurrency "broke the ceiling". Nvidia's stock price has risen 47% since Trump imposed tariffs. The United States is imposing hundreds of billions of dollars in tariffs. The country is now "back". Great honor! The Federal Reserve should quickly lower interest rates to reflect this strength. The United States should be at the "top of the list". No inflation! ! (Jinshi)

Odaily News Fed's Musallem said that the US fiscal deficit is on an unsustainable path. It may become a financial stability issue in the future. The current economic situation is good, and the labor market is at or close to full employment. There are still some upside risks to inflation, but monetary policy is currently moderately restrictive and the financial environment is more conducive to economic growth. Some positive trends in inflation have been observed recently, but due to the impact of tariffs, the inflation outlook is expected to rise in the future. But it is not yet certain whether tariffs will have a more lasting impact. High profit margins provide companies with room to absorb some of the impact of tariffs, and the depreciation of the US dollar may further drive inflation. Musallem pointed out that the specific impact of tariffs may not be fully apparent until later this year or early next year. (Jinshi)

Odaily News US President Trump once again said that the Federal Reserve should cut interest rates quickly. (Jinshi)

Odaily News According to Lookonchain monitoring, today 10 US Bitcoin ETFs had a net inflow of 1,827 BTC, of which BlackRock received 1,136 BTC. BlackRock currently holds 702,056 BTC, worth US$78.09 billion; 9 Ethereum ETFs had a net profit of 76,940 ETH, of which BlackRock received 57,801 ETH. BlackRock currently holds 1,894,254 ETH, worth US$5.28 billion.

Odaily News Trump has stepped up his tariff threats, but the market has become "desensitized" and investors are betting that Trump will always back down. Trump's latest tariff move brings his tariff levels closer to the high tariffs he announced on dozens of US trading partners in early April than some analysts expected. But the initial so-called "reciprocal" tariffs were postponed and renegotiated after the stock market plummeted; Trump then postponed the tariffs from July 9 to August. However, investors are paying far less attention to the current president's threats than his early remarks, betting that he will eventually abandon tariffs that could severely damage US growth. The deal is known in the market as "TACO" - an abbreviation for "Trump Always Chickens Out." (Jinshi)

Odaily News The market shows that Circle (CRCL.K) has quickly closed its gains, now up 0.7% to $202.3. Ant International previously denied access to Circle. (Jinshi)