Crypto Morning Post * Important information that can't be missed every day * July 4, 2025 1. The seasonally adjusted non-farm payrolls in the United States rose by 147,000 in June, better than expected, and the unemployment rate unexpectedly fell to 4.1%. Traders are no longer betting on a Fed rate cut in July, and the probability of a rate cut in September has decreased; PS: The data is better than expected, the probability of a recession has decreased, but at the same time, the probability of a rate cut in July has also decreased, and the market is basically predicting no rate cut in July. 2. The U.S. "Big and Beautiful" bill passed the House of Representatives in the face of two Republican lawmakers, and Trump will sign the bill early Saturday morning; 3. Treasury Secretary Besentt warned countries not to delay trade talks, tariffs can return to April 2 levels, about 100 countries are expected to receive at least 10% reciprocal tariffs, Trump will decide whether to extend the July 9 limit; 4. The market is closed on Independence Day in the United States, and the market will not open until the 7th of next week, and it is not ruled out that Trump will do things during this time, so everyone should be highly vigilant and pay attention to risks; 5. Yesterday Jup's new platform @jup_studio P is crazy, P can't win at all; 6. Last night, @cookingcityHQ was launched, and #DBC crazy pulling, the highest direct speed pass was about 36M, and then crazy shipments, and the current market value is about 7M; 7. The performance of the chain in the past two days has been good, the #useless of the Bonk series continued to reach new highs, and then the #labubu of the SOL series continued to rebound, driving the #CryBB to ATH one after another; 8. After the passage of the Beautiful Bill, it directly stimulated the meme #AP #TAP of Musk's related political parties; 9. The performance of CEX #MEME is relatively strong, especially the penguin #pengu, which has basically returned to the high point of the May rebound, according to this trend, it will continue to rise later, you can focus on it, and at the same time, we should also pay close attention to the meme coins that rebounded more strongly in the same period, such as Hippo #moodeng, #pepe #wif #neiro #pnut and so on; 10. FTX applied to the court to implement "restricted processing procedures" in 49 jurisdictions, and its creditors may lose their distribution rights. 11. Yesterday, Bitcoin ETF inflowed $370 million, and ETH ETF flowed into 63M; In the past 1 year, the early holders of Bitcoin have sold 500,000 BTC, and the high level continues to change hands, and the old OG sells the coins in their hands to institutions and listed companies; 12. YZi Labs announced an investment in Digital Asset, developer of privacy-preserving blockchain network Canton Network, on top of Digital Asset's $135 million Series E funding round announced on June 24. The round also includes participation from major financial institutions such as DRW, Tradeweb, DTCC, Citadel Securities, and Goldman Sachs; 【Market Analysis】 Bitcoin failed to stand at $110,000 in the short term, and last night's non-agricultural data had a certain impact on the market trend, because the circle expected the interest rate cut to come early and release more liquidity, but last night's non-agricultural data directly postponed the interest rate cut expectation to September, so the market fell sharply after the data was announced, although it immediately pulled up, but still failed to stand firm. Bitcoin's 4-hour level breakthrough failed, still maintaining a volatile trend, and at the same time, the U.S. stock market has been closed in the past few days, which does not rule out that Trump will do something on the tariff issue, so everyone should pay attention to the risk. 【Risk Warning】 Digital assets fluctuate greatly and the risk is extremely high, please participate cautiously, put an end to full studs, and refuse loan leverage;