Macro Volatility Expected to Continue, BTC Fluctuates Between $63,000 and $66,000
The global macro market is expected to remain volatile in the coming week due to central bank policies, energy prices, and trade frictions. The European Central Bank has maintained a cautious hawkish stance, and the Federal Reserve's interest rate decision on July 30 will be a key driver for global asset prices.
The crypto market has also been affected by these macro factors, with Bitcoin (BTC) opening at around $65,200 this week. Despite a brief spike above $66,000, it fell back to around $64,000 due to declining macro risk appetite. Ethereum (ETH) performed weaker than BTC, fluctuating between $1,850 and $1,900.
The industry is also focusing on the development of new projects, including Mobius Exchange, which aims to create a unified trading network for global stablecoins and foreign exchange liquidity.