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According to on-chain analyst Yu Jin's monitoring, in the past 7 hours, 7.055 million WLD (worth 2.66 million USD) entered Binance, and the WLD price dropped by 8% (from 0.395 USD to 0.365 USD). Recently, WLD has fallen for 10 consecutive days.

According to Gate market data, the Philadelphia Semiconductor Index fell over 5%, Micron Technology fell over 8%, Intel fell over 7%, Arm fell 6%, and Nvidia fell 2.6%.

NextGen Venture (NDV) founder Jason Huang stated that the institution had previously successfully issued an early warning about the pullback risk of Strategy (MSTR), and is currently taking the opposite action by starting to include Circle (CRCL) on the watchlist, looking for opportunities amid pressured market sentiment.

According to official social media news, Huobi HTX will hold a themed live broadcast today at 20:00 titled "Concerns About AI Bubble + Rising Interest Rate Expectations: Is Now the Time to Buy BTC or Should We Wait?" At that time, crypto KOLs such as Sister Mao Mao, Dada, Crypto.0824, and Genuine Little Taoist will attend to analyze whether BTC is facing new allocation opportunities in light of the current macro environment and market sentiment, and how investors should grasp the subsequent market rhythm.

According to SoSoValue data, the cryptocurrency sector has generally declined, with the Layer2 sector dropping 3.57% in 24 hours. Among them, Mantle (MNT) fell 4.97%, Starknet (STRK) fell 4.93%, and Celestia (TIA) fell 9.54%. At the same time, Bitcoin (BTC) dropped 1.89%, falling below $59,000; Ethereum (ETH) fell 0.98%, dropping below $1,600.In other sectors, the PayFi sector declined 0.29%, but Stellar (XLM) rose 11%; the CeFi sector fell 0.87%, with Binance Coin (BNB) down 1.19%; the Meme sector dropped 1.05%, while MemeCore (M) rose 22.6%; the Layer1 sector fell 1.41%, with Cardano (ADA) relatively strong, rising 1.32%; the DeFi sector dropped 2.79%, with LAB (LAB) down 14.83%. Additionally, the SocialFi and NFT sectors remained relatively strong, rising 0.5% and 0.54%, respectively. Within the SocialFi sector, Gram (GRAM) rose 1.01%; within the NFT sector, Audiera (BEAT) rose 7.87%.

According to Cointelegraph, MidChains CEO Basil Al Askari stated that sovereign wealth funds are accumulating spot Bitcoin, indicating that the current price levels are attractive to institutional investors. Al Askari confirmed that at least one sovereign wealth fund has been accumulating Bitcoin, and a second one may join in the coming weeks. Global sovereign wealth funds control over $13 trillion in assets, and Al Askari mentioned that the current low price is seen as "an opportunity window for large funds to enter."

According to SoSoValue data, as of 8 AM Eastern Time on June 29, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $14.65 million, a decrease of 83% compared to last week.Strategy (formerly MicroStrategy) did not purchase Bitcoin last week. At the same time, Strategy announced two securities repurchase plans, each up to $1 billion, targeting Class A common stock and digital credit preferred stock led by STRC, with an annual dividend yield of 8% to 10%, aiming to optimize the capital structure without consuming existing dollar reserves. To fund the aforementioned repurchases and support daily capital expenditures, the board also approved a Bitcoin liquidation plan, allowing the company to generate up to $1.25 billion in additional revenue by selling Bitcoin to replenish dollar reserves, and to pay maturing preferred stock dividends and interest expenses (or to replenish dollar reserves after such payments) when management deems it more beneficial than issuing Class A common stock or other capital market transactions, as well as to provide additional funding support for the two repurchase plans (including related taxes and transaction fees). Although this move by MicroStrategy releases the liquidation authorization, it currently serves only as a reserve shield for repurchases, with actual "momentum not sold"; its core logic has shifted from the initial "aggressive expansion of the balance sheet" to the refined operational phase of "utilizing crypto assets to optimize equity capital structure and reduce the capital cost generated by high-yield stocks."The Japanese listed company Metaplanet did not purchase Bitcoin last week, marking ten consecutive weeks without purchases.In addition, two other companies purchased Bitcoin last week. Hong Kong's global digital health, consumer goods sales, and artificial intelligence computing power technology group CIMG announced that it has just completed the first phase of a large stock and warrant issuance, receiving $13.5 million paid in Bitcoin (207.7 Bitcoins at an average price of $65,000), bringing its total holdings to 937.7 Bitcoins; Brazilian Bitcoin company OrangeBTC announced on June 29 that it invested $4.9 million to purchase 74 Bitcoins at a price of $66,233, bringing its total holdings to 3,896 Bitcoins.As of the time of writing, the total amount of Bitcoin held by the global listed companies (excluding mining companies) in the statistics is 1,142,484 Bitcoins, an increase of 0.02% compared to last week, with a current market value of approximately $6.852 billion, accounting for 5.7% of Bitcoin's circulating market value.

According to market data, Binance Life experienced a short-term decline of over 30%, once dropping to 0.45554 USD, and has now rebounded to 0.529 USD, with a 24-hour decline of 29.19%, and a market capitalization currently reported at 529 million USD.

According to Cointelegraph, in the wave of declines in technology stocks, cryptocurrency-related stocks have suffered particularly severe losses, with the divergence from the broader market continuing to widen. Coinbase (COIN) and Circle (CRCL) have fallen 69% and 72% from their respective historical highs, far exceeding the 48% to 57% pullback of mainstream tech stocks like Oracle, Salesforce, Netflix, and Palantir; in contrast, the S&P 500 index has only retreated 3.5% from its recent peak.On the fundamental side, Coinbase's first-quarter performance was significantly below Wall Street expectations, with a 21% quarter-over-quarter decline in revenue and a loss of $1.49 per share, while analysts had previously expected earnings of $0.27 per share. Bitcoin fell below $60,000 this week, down more than 54% from its October peak; Ethereum also dropped to around $1,500, down about 69% from last year's high, with market sentiment continuing to deteriorate.21Shares has lowered its 2026 cryptocurrency market expectations in its mid-year outlook report, believing that the performance of digital asset prices is significantly lagging behind the industry's fundamentals. The institution pointed out that institutional adoption is still deepening, with stablecoins, asset tokenization, and prediction markets maintaining strong development momentum, but the four-year market cycle of Bitcoin remains the dominant force in price trends. The report also acknowledged previous misjudgments—"the cycle of Bitcoin is evolving, but has not yet broken," retracting its earlier assertion that the four-year cycle was outdated.Analysts believe that the deep pullback in cryptocurrency stocks reflects the overall weakness of the digital asset market, the uncertainty of legislative progress in the U.S. cryptocurrency market structure, and the compounded pressure from the potential impact of AI technology on existing business models.

According to data from CryptoRank.io, the total TVL of global liquid staking protocols fell to $33.4 billion in the second quarter of 2026, a decrease of 56.1% from the historical high of $76 billion in the third quarter of 2025, marking three consecutive quarters of decline.Specifically, the fourth quarter of 2025 was $61.4 billion, the first quarter of 2026 was $45.2 billion, and the second quarter further dropped to $33.4 billion. The liquid staking sector continues to face pressure, reflecting that the overall DeFi ecosystem is still in a weak cycle.

Crypto KOL Ansem reiterated the long-term investment logic of Bitcoin, stating that despite previously holding a bearish stance, the current price level presents a good buying opportunity. He pointed out that the core narrative of Bitcoin as the hardest currency remains unchanged—it's not subject to government seizure, can be transferred across borders instantly, and is not affected by the long-term depreciation of the dollar, making it an ideal vehicle for long-term wealth storage. The performance of gold outpacing Bitcoin between 2024 and 2025 temporarily undermined the "digital gold" narrative, but he believes that as long as price momentum rebounds, market confidence can be restored.On a macro level, Ansem believes that with the reopening of the Strait of Hormuz and the expected easing of inflationary pressures, the Federal Reserve's hawkish stance may be nearing its peak, at which point both Waller and the Federal Reserve will have room to cut interest rates rather than continue raising them; the strength of the dollar and rising interest rates exert pressure on gold, but if profits from AI stocks flow into real estate, cash, and long-term value storage assets, both gold and Bitcoin will benefit; institutional investors like Paul Tudor Jones still show interest in Bitcoin.Previously, Ansem candidly admitted to being bearish on Bitcoin due to Saylor's (founder of Strategy) position risk, once believing that $60,000 would be hard to maintain, but he stated he is now responding to buy signals. He noted that the current price action has priced in the worst-case scenario of Saylor being forced to sell, and even if he truly needs to sell, it would not happen for at least six months. He concluded that Bitcoin is currently at the intersection of long-term historical support levels and the most pessimistic market sentiment he has observed, making entry at the beginning of Q3 a trading opportunity worth paying attention to.

According to Jinshi reports, Federal Reserve's Williams expects the U.S. economic growth rate to be 2.25% in 2028, and the unemployment rate will drop to 4%.

According to The Block, since June 2026, the Google search volume related to "stablecoins" has dropped to 31, a significant decline from 98 in May and down over 69% from the historical peak of 100 in August 2025. Even if the current trend is annualized, the search volume in June is only about 45, with a month-on-month decline of approximately 54%.At the same time, the total supply of global stablecoins has fallen by about $5 billion after reaching a peak of around $300 billion in early June, with a cumulative growth of only 0.23% this year, far below the growth rates of 56% in 2024 and 46% in 2025.The report points out that the peak in search volume in August 2025 coincided closely with the advancement of the GENIUS Act and announcements from institutions like Stripe, Visa, and Mastercard regarding the issuance of stablecoins. The current decline in both search volume and supply indicates that 2025 may have been the stage for large-scale retail user adoption, and there is currently no new large-scale retail incremental capital flowing in at the same cost.

CryptoQuant analyst Axel Adler Jr. stated that Strategy's preferred stock MSTR has fallen 78% from its peak, while Bitcoin has dropped 51% from its peak. The average cost basis for Strategy's 847,363 BTC holdings is $75,651, with a total cost of $64.1 billion. The current BTC price has fallen below this cost line for the first time since the bear market of 2022. The additional decline of MSTR relative to BTC has reached about 28 percentage points, approaching the upper end of the historical range, but has not yet touched the extreme of an 89% retracement from the 2022 low.Meanwhile, Strategy's purchasing strategy has clearly shifted to a defensive stance: the weekly BTC purchase volume has been cut by about two-thirds, with less than 11% of the $335.5 million raised through stock issuance used to buy BTC, and the remainder transferred to dollar reserves. At the end of May, Strategy also conducted its first net sell since 2022, selling 32 BTC to pay STRC dividends. Adler pointed out that the main risk currently lies in BTC remaining below the treasury cost line of $75,000, which would block the financing channel for ATM issuance by compressing the MSTR premium. However, nearly all of Strategy's debt is in convertible bonds, with no additional margin risk; the baseline scenario is the loss of marginal buyers rather than cascading liquidations. The real pressure point lies in the company's transition from selling stock to systematically selling BTC itself to pay preferred stock dividends and debt interest.

According to 10x Research analysis, Ethereum is currently at a support level of $1,600. If this level is broken, the next target will be $1,200—this is the retracement level since the FTX collapse. The current price of Ethereum is below the 7-day and 30-day moving averages, with a weekly decline of 7.4%. The recent 20% layoffs at the Ethereum Foundation have triggered a significant price drop, while warnings of a funding crisis after the key developer incentive program expired have further dampened market sentiment.Continuous net outflows from the spot Ethereum ETF and weak institutional demand severely limit upside potential. On-chain data shows that asset accumulation has reached multi-year lows, while an increase in transaction failure rates has led to a cooling of network demand. This week, market news is sparse, and the main price-driving factors remain macro headwinds: the Federal Reserve's hawkish stance, a strengthening dollar, and stock market volatility.

According to SoSoValue data, the cryptocurrency market has fallen for three consecutive days, with the Meme sector dropping significantly by 13.75% in the last 24 hours. Among them, MemeCore (M) fell by 67.51%, and Pump.fun (PUMP) dropped by 10.9%; the NFT sector decreased by 9.99%, with Audiera (BEAT), which surged yesterday, falling by 22.63%. Meanwhile, Bitcoin (BTC) dropped by 3.36%, briefly falling below $60,000; Ethereum (ETH) decreased by 3.35%, dropping to around $1,600.In other sectors, the CeFi sector fell by 2.33% in the last 24 hours, with NEXO (NEXO) down by 3.59%; the PayFi sector decreased by 3.18%, with Dash (DASH) down by 7.82%; the Layer1 sector fell by 3.07%, but Gram (GRAM) rose by 1.46%; the Layer2 sector decreased by 3.46%, but Optimism (OP) increased by 3.83%. Additionally, the DeFi sector performed well, rising by 1.69%, with Hyperliquid (HYPE) up by 2.04%, o1.exchange (O) up by 35.42%, and LAB (LAB) up by 19.6%.

According to CoinDesk, CryptoQuant data shows that the recent selling activity of "OG" investors holding Bitcoin for over five years has significantly slowed down, with their 90-day average selling amount dropping to 962 BTC, the lowest level since November 2024. Analysts point out that during the bull market cycle that began in early 2023, OG investors sold the largest amount of Bitcoin in history, especially during multiple sell-off peaks in May 2024, February 2025, and September 2025 when prices soared, with single-day sales exceeding 142,000 BTC. The current trading price of Bitcoin is around $63,000, close to the breakeven point for this group of OG investors who purchased five years ago, and their choice to continue holding rather than selling has effectively alleviated market selling pressure. The outflow rate of spot ETFs has also slowed down over the past two weeks, further confirming that selling pressure is decreasing.

According to Jinshi reports, the USD/JPY has briefly dropped nearly ten points, currently reported at 161.66.

According to Arkham monitoring, the value of the ETH holdings of the Ethereum Foundation has dropped to its lowest level in nearly 6 years (in USD), currently holding 209 million USD in ETH. Over the past two and a half weeks, its ETH holdings value reached a near 6-year low, with the last time being below the current level in October 2020.