PANews
PANews|Aug 04, 2025 07:16
HashKey transaction timeMacro environment is currently facing headwinds, Bitcoin holds $112000 as key to a new round of upward trend Since last Friday, there have been continuous global macroeconomic and policy turbulence. The July non farm payroll data in the United States fell far short of expectations, with only 73000 new jobs added, and the May and June data were significantly revised down by 258000, causing market shock. Affected by this, combined with the pressure brought by new tariff policies and OPEC+production increases, global risk assets are under pressure. In the Asia Pacific region, the RWA field is making continuous progress. The world's first RWA registration platform, initiated by the Hong Kong Web3.0 Standardization Association, announced its official launch on August 7th, aiming to provide full process services for physical asset tokenization. HashKey Chief Analyst Jeffrey Ding commented that the launch of the platform is a key step for regulatory innovation in the RWA field in Hong Kong. By establishing standardized processes, it can effectively enhance market compliance and transparency. Bitcoin fell below $112000 over the weekend and has now rebounded above $114000. 10x Research points out that the price drop below $112000 is related to signs of weakness in the US labor market, or indicates significant market changes. In terms of Ethereum, Arthur Hayes also predicts that it may test for $3000. Trader IncomeSharks believes that the current price performance may be a false breakthrough and recommends investors to operate cautiously. Over the weekend, all Meme coins related to the Grok concept rose on the blockchain due to Musk's reposting of related tweets. Among them, Ani, a female AI companion concept, rose 45% in 24 hours, and Valentine, a male AI companion concept, rose 103%. By @HashKeyExchange & @PANewsCN
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