Crypto Morning Post | July 1, 2025 As Trump puts pressure on the Federal Reserve again, Powell's speech tonight became the focus, with the June non farm payroll report released on Thursday RWA track outbreak+Federal Reserve interest rate cut expectations heating up Goldman Sachs advances interest rate cut forecast to September The possibility of a rate cut in September has increased from 60% to 90% Bostic: Expected to cut interest rates once this year and three times next year, ruling out the possibility of rate hikes Trump fiercely criticizes Powell, hints at replacing Federal Reserve Chair Bitcoin spot ETF has seen net inflows for 15 consecutive trading days, with a total inflow amount of nearly $5 billion BTC ETF net inflow remains unchanged, ETH ETF adds $25 million MicroStrategy purchases 4980 BTC (average price of $106800), with a total holding of 597000 BTC Lion Group Holdings spends $5 million to buy HYPE, SOL, and SUI tokens A newly created wallet spent 7980 SOLs to buy 1.08 million Fartcoins Summary: Institutions only buy coins with good circulation -ARB news fluctuated violently before and after (pulling the market → smashing the market) -HyperliquidX derivative DEX has become popular, and the market is looking for opportunities for Dragon II -OKX will delist 6 spot trading pairs including X and BSV (to be executed on July 7th)