1. CEX Popular Cryptocurrencies
CEX Top 10 Trading Volume and 24-Hour Price Changes:
BTC: + 0.56%
ETH: -1.87%
XRP: -2.56%
SOL: + 1.49%
PEPE: + 0.47%
DOGE: -0.72%
BNB: -0.66%
SUI: + 5.29%
ADA: + 1.65%
TRX: -0.22%
24H Gainers List (Data Source: OKX):
AERGO: + 55.35%
RUNECOIN: + 25.6%
DORA: + 25.09%
GMX: + 18.61%
NAVX: + 13.33%
CVC: + 9.68%
KAITO: + 9.15%
SATS: + 8.78%
BADGER: + 8.76%
PRQ: + 8.59%
3. 24H Hot Search Cryptocurrencies
RFC: See details in《Bucking the Trend with a 200% Surge, Will Musk's Political Concept Coin RFC Be the Next Large MC Memecoin?》.
Headlines
Odaily Report: OKX market data shows BTC dropping below 75,000 USDT, reaching a low of 74,501.6 USDT.
Trump Says He Will Not Suspend Tariff Policy
Odaily Report: US President Trump stated on the 7th that he will not suspend the so-called "reciprocal tariff" policy. After meeting with Israeli Prime Minister Netanyahu at the White House, Trump told media that he currently has no plans to suspend tariff policies, and many economic leaders are seeking negotiations with him. He believes that enforcing tariffs and negotiating are not contradictory. Trump also rejected the EU's earlier proposal for mutual tariff exemption, saying "No, that's not enough" and "They are cheating us on trade". Netanyahu told media after the meeting that Israel will quickly eliminate its trade deficit with the US. According to US government data, bilateral trade between the US and Israel in 2024 was about $37 billion, with Israel having a trade surplus of $7.4 billion. (Jinshi)
Odaily Report: Trump Rapid Response Team responded to market rumors about "90-day tariff suspension": National Economic Council Chairman Hassett stated he never said such information, and the rumors are "fake news". (Jinshi)
Odaily Report: National Economic Council Director Hassett, in an interview with Fox News, was asked by host Jimmy if Trump would consider suspending tariffs for 90 days. Before answering, Hassett said "Yep" (yes), and then said: "I think the president will make his decision... even if you think there will be some negative trade impacts, that's only a small part of GDP". Financial blog Zero Hedge explained that the market seems to have misunderstood "Yep" as agreement, but he was just indicating he heard the question clearly. (Jinshi)
Arthur Hayes: Continuously Buying Bitcoin Today and Will Continue
Odaily Report: BitMEX co-founder Arthur Hayes wrote, "I've been slowly buying BTC today and will continue. Altcoins are approaching our entry range, but I believe Bitcoin's dominance will remain close to 70%. So we won't be making massive purchases in the altcoin supermarket."
Odaily Report: According to Hyperrscan data, a whale on Hyperliquid has closed its 50x leverage ETH long position and withdrawn 6,395,256.49 USDC back to Arbitrum, profiting $1.87 million (from an initial amount of $4.52 million).
(The translation continues in the same manner for the rest of the text)Odaily Planet Report: World Liberty Financial released a governance proposal suggesting an airdrop of a small amount of USD 1 to all current $WLFI holders to test its on-chain airdrop system's technical functionality and thank early supporters.
The proposal indicates that the airdrop will be conducted on the Ethereum mainnet, with the specific amount to be ultimately determined by World Liberty Financial based on the total number of qualifying wallets and budget. Eligible wallets need to hold any amount of $WLFI, with other qualification criteria and airdrop timing to be solely determined by the company.
World Liberty Financial stated that even if the proposal is approved, the company reserves the right to suspend, modify, or terminate the test airdrop and can set additional qualification conditions. The aim is to verify smart contract functionality, enhance USD 1 market awareness, and express gratitude to early supporters.
Tether May Launch a New Stablecoin Specifically for the US Domestic Market
Odaily Planet Report: According to the Financial Times, Tether, the issuer of USDT, may launch a new token specifically for the United States. In an interview, Tether CEO Paolo Ardoino stated that the company has been involved in discussions about US stablecoin regulations and might create a US-only token, depending on the progress of these discussions.
Paolo Ardoino mentioned that the Trump administration viewed stablecoins as an "important tool for the US" and that if new rules are introduced to make stablecoins competitive, Tether might be interested in creating a "US domestic" stablecoin, essentially a "settlement currency". (CoinDesk)
Jack Dorsey: Bitcoin Will Fail If It's Only a Store of Value
According to Odaily, Twitter co-founder and current Block CEO Jack Dorsey stated in the "Presidio Bitcoin" podcast that Bitcoin would fail if it becomes merely a store of value, as its success stems from payment. However, due to limited supply, Bitcoin has the potential to become a store of value equivalent to gold, which has led many people to be reluctant to spend their Bitcoin, hoping the asset's value will continue to grow. Jack Dorsey pointed out that if Bitcoin does not transition to payment and find daily use cases, it will ultimately deviate from the original white paper's intention and fail.
According to Odaily, Framework Ventures co-founder Vance Spencer posted on X platform that the current situation is complex, international trade has completely stalled, the physical industry is in danger, and a massive wave of unemployment is imminent, after which the government will have to launch large-scale stimulus plans to save the inevitable economic recession.
In this market environment, investment categories not affected by tariffs and areas that Trump has openly favored should be prioritized. Apart from cryptocurrencies, only gold, uranium, and other special commodities with rigid demand may meet the standard. Within the cryptocurrency market, assets with solid fundamentals, buybacks, growing adoption rates, or small-cap coins that can grab market share should be focused on. Stablecoins, DeFi, and emerging public chains are most likely to see independent market movements. The entire crypto industry will enter a war of attrition with the private market - teams will gradually collapse, funds will dry up or be marginalized, VC fundraising will become more difficult, and capital supply will gradually shrink. This is not necessarily a bad thing, as the industry needs to eliminate half of VC funds and trash projects.
Spencer added that he has never been so optimistic about the crypto market in years. The triple resonance of price trends, adoption rates, and fundamentals suggests that many assets in the crypto ecosystem will see 10-20 times growth. Framework will increase high-liquidity quality assets while also deploying early-stage venture investments. The era of "blindly investing and earning 2-3 times" after FTX's collapse will not repeat, and carefully selecting investments is the key.
DWF Labs Partner: Gradually Buying the Dip, Market Outlook May Become Clear in One or Two Weeks
According to Odaily, DWF Labs partner Andrei Grachev posted on X that if countries provide zero-tariff agreements to the US, the Federal Reserve might choose to cut rates, which would then lead to rises in stocks and cryptocurrencies; if the Fed enters "money printing mode", Bitcoin might set a new all-time high, and these matters will become clear in one or two weeks. Andrei Grachev added: "Have cash? Now is a good time, we are buying slowly."
Trader Eugene: Bought Bitcoin Spot at $75,000, Preparing to Continue Accumulating and Hold Long-Term
According to Odaily, trader Eugene Ng Ah Sio posted in his personal channel, "Today, I bought my first batch of BTC spot at $75,000, which is the first time since we cleared all major positions in January. I'm not saying this is the bottom, but I think we are approaching a price level where I'm willing to accumulate Bitcoin long-term. We've pretty much reached the first target price. There are many pessimistic posts today, which is understandable - many people are feeling panicked and experiencing great pain. However, despite what you see online, in most cases, the market will not continue to fall even if we ultimately decline. I believe we have witnessed an extreme event (especially after a 5% drop in pre-market futures today) that is worth acting on. If the market continues to decline, I will focus on short-term rebounds in BTC and SOL for short-term trades, while continuing to accumulate more Bitcoin at low points, preparing to hold long-term."
