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US Stock Market Opens Down, Cryptocurrency Stocks Experience General Decline

5 hours ago

On July 7th, when the U.S. stock market opened, the Dow Jones fell by 0.18%, the S&P 500 Index dropped by 0.3%, and the Nasdaq declined by 0.49%. Circle (CRCL) increased by 4.89%; Coinbase (COIN) decreased by 0.51%; Robinhood (HOOD) went down by 0.70%; MicroStrategy (MSTR) fell by 1.18%; MARA Holdings (MARA) dropped by 2.49%; Riot Platforms (RIOT) fell by 5.83%; Bitmine (BMNR) decreased by 18.29%; SRM Entertainment (SRM) fell by 1.47%.
Relevant content

The US will impose a 40% tariff on Myanmar and a 40% tariff on Laos

On July 8th, President Trump of the U.S. stated that the U.S. will impose a 40% tariff on Myanmar and a 40% tariff on Laos.

32 minutes ago

The United States will impose a 25% tariff on Malaysia and a 25% tariff on Kazakhstan.

On July 8th, President Trump of the United States announced that the U.S. will impose a 25% tariff on Malaysia. Additionally, a 25% tariff will be imposed on Kazakhstan. Furthermore, a 30% tariff will be imposed on South Africa. (FX678)

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The SEC Delays Approval of Fidelity's Physical Solana ETF

On July 8th, the Fidelity Physical Solana ETF's approval by the U.S. Securities and Exchange Commission (SEC) has been postponed.

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The SEC Has Confirmed Receipt of Truth Social's Spot Bitcoin and Ethereum ETF Application

On July 8th, the US SEC has verified the receipt of Truth Social's application for a spot Bitcoin and Ethereum ETF.

32 minutes ago

White House: Near Agreement on Other Trade Deals

On July 8th, the White House of the United States stated that "We are on the verge of reaching an agreement on other trade matters." Trump is committed to ensuring that the United States is treated equitably. Twelve other countries will receive letters regarding trade, and the contents of these letters will be published on the "True Social" social media platform. In addition to these 12 countries, the United States will issue more letters. Countries will treat the tariff letters with great seriousness. (Golden Ten)

32 minutes ago

Goldman Sachs: Fed May Cut Rates Earlier

July 8th: Goldman Sachs stated that the Federal Reserve might cut interest rates in September. Owing to the weakened impact of tariffs and the declining inflation, the Federal Reserve might cut interest rates earlier than anticipated. The terminal interest rate range for the Federal Reserve is projected to be 3.00 - 3.25%, which was previously expected to be 3.50% - 3.75%. (FXStreet)

32 minutes ago