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Check out the full rules
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Market Snapshot
• Total crypto cap: $2.27T (-1.6%)
• BTC: $63,951 (-1.04%) | ETH: $1,868 (-2.49%)
• Stocks: Dow -0.20% (52,552.97) | S&P 500 -0.51% (7,533.76) | Nasdaq -1.47% (25,881.95)
• Commodities: Gold $3,993/oz (+0.4%) | WTI $79.34/bbl (+1.38%) | DXY 100.00 (-0.00%)
• BTC Liquidation Map:
– Current price ~$63,973: Large concentration of short liquidation liquidity in the $64,500–$65,500 zone above, with notable pressure near $65,000; a breakout could trigger concentrated short covering and push prices higher
– Below in the $63,000–$63,600 zone: Concentrated long liquidations, but overall scale smaller than the short liquidity above. Short-term structure leans toward an upside test near $65,000
Geopolitical: In the early hours of July 17, Iran launched an “Arash” drone attack on the US military base in Bahrain as retaliation for previous US actions. Middle East tensions escalated sharply, raising risks to oil supply routes through the Strait of Hormuz. Markets pushed up short-term oil price premiums while safe-haven flows entered gold and the US dollar. Trump’s upcoming national address will focus on election issues and Iran, while a White House teleprompter operator scandal (alleged insider trading on non-public speech information) adds further uncertainty.
Market Impact: Geopolitical events provide support for energy prices, but if the conflict does not escalate further, upside for oil may be constrained by slowing global demand; precious metals maintain resilience driven by both inflation concerns and safe-haven demand.
Central Bank: Dallas Fed President Lorie Logan and Kansas City Fed President Jeff Schmid expressed ongoing inflation concerns in public speeches. Logan supports “moderately raising interest rates” to better balance the dual mandate and noted that if inflation cannot return to the 2% target, a restrictive policy stance must be maintained. Schmid emphasized inflation remains significantly above target. Fed Vice Chair Jefferson added that if AI infrastructure construction and consumer demand appear before productivity gains, they could create upward pressure on inflation.
Market Impact: Hawkish signals have strengthened expectations for delayed rate cuts, providing short-term support for the US Dollar Index and Treasury yields while putting valuation pressure on growth assets; at the same time, this creates long-term allocation logic for precious metals.
Tech/AI: Nasdaq dropped 1.47%, dragged by chips and AI-related sectors. Storage/memory concept stocks (NVDA -2.40%, MU leading) saw sharp pullbacks, reflecting market caution on the short-term pace of AI infrastructure capex and high-valuation digestion. AAPL (+1.76%) and MSFT (+1.38%) held up relatively well thanks to product iterations and AI tool implementations. Netflix’s Q3 revenue growth guidance of only 11.7% (near three-year low) triggered concerns over slowing subscriber growth, with the stock falling more than 8% post-market. Institutions generally view this round of adjustment as a healthy correction rather than a trend reversal; high-quality AI application and cloud business leaders still hold allocation value.
🏛 Institutional Views
• Fed Hawkish Officials (Lorie Logan, Jeff Schmid, Jefferson): Emphasized inflation stickiness and potential upside risks from AI infrastructure preceding productivity benefits; support maintaining restrictive policy or moderately higher rates to balance mandates, reinforcing delayed rate-cut expectations.
• Institutional Consensus: Tech sector pullback is a healthy correction rather than reversal;
🔗 Source: https://www.bitget.com/news/detail/12560605512352
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🔗 https://x.com/Bitget_TradFi/status/2078001986235171255?s=20
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𝐔𝐬𝐞 𝐚𝐬 𝐜𝐨𝐥𝐥𝐚𝐭𝐞𝐫𝐚𝐥. Borrow stablecoins and maximize low-cost liquidity with holdings
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More Details
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rToken Efficiency Challenge: Can You Spot the Truth?
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📅 Event Duration
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📝 How to Participate
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Think you know rTokens? Put your knowledge to the test and win rewards!
📅 Event Duration
Daily during the campaign period (17 - 21 July 09:00 UTC)
📝 How to Participate
1️⃣ Answer the daily True or False challenge.
2️⃣ Submit your response in the community by replying to daily quiz challenge.
3⃣ Participants must also Like | Comment | Retweet this post: https://x.com/Bitget_TradFi/status/2078001986235171255
🏆 Rewards
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🔥 Join the daily challenge, learn more about rTokens and the Unified Trading Account (UTA), and earn rewards! 🚀
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More Details
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More Details
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🏆 Bitget Fan Club Winning Moment: World Cup Prediction Challenge ⚽
Predict the 90-minute score of France 🇫🇷 vs England 🏴, share your U.S. stock (rToken) trade, and compete for rewards!
⏰ Prediction Period: July 17 21:00 UTC – July 18 20:59 UTC
📝 How to Participate
1️⃣ Predict the 90-minute final score before kickoff.
2️⃣ Complete a Spot U.S. stock (rToken) trade within the 24-hour campaign period only. Your trade must be taken during the campaign period to be considered valid.
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Example: France 0:0 England | My decisive moment: I bought AAPL rToken today. (Attach your trading screenshot.) #MakeItCount
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🏆 Rewards
🎁 Users who correctly predict the final 90-minute score and complete a valid rToken trade will share the 100 USDT prize pool.
📌 Predictions must be submitted before kickoff and only the 90-minute score counts (extra time and penalties excluded).
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Predict the 90-minute score of France 🇫🇷 vs England 🏴, share your U.S. stock (rToken) trade, and compete for rewards!
⏰ Prediction Period: July 17 21:00 UTC – July 18 20:59 UTC
📝 How to Participate
Example: France 0:0 England | My decisive moment: I bought AAPL rToken today. (Attach your trading screenshot.) #MakeItCount
https://forms.gle/fiJCSkFUsCreFXD86
🏆 Rewards
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🏆 Bitget Fan Club Winning Moment: World Cup Prediction Challenge ⚽
Predict the 90-minute score of Spain 🇪🇸 vs Argentina 🇦🇷, share your U.S. stock (rToken) trade, and compete for rewards!
⏰ Prediction Period: July 18 19:00 UTC – July 19 18:59 UTC
📝 How to Participate
1️⃣ Predict the 90-minute final score before kickoff.
2️⃣ Complete a Spot U.S. stock (rToken) trade within the 24-hour campaign period only. Your trade must be taken during the campaign period to be considered valid.
3️⃣ Share your prediction + trading screenshot in the Global Telegram Community or Product Fan Club (Stock Fan Hub) with #MakeItCount.
Example: Spain 0:0 Argentina | My decisive moment: I bought AAPL rToken today. (Attach your trading screenshot.) #MakeItCount
4️⃣ Submit your entry via the event form:
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🏆 Rewards
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📌 Predictions must be submitted before kickoff and only the 90-minute score counts (extra time and penalties excluded).
🔥 Make your prediction, trade, and win!
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Predict the 90-minute score of Spain 🇪🇸 vs Argentina 🇦🇷, share your U.S. stock (rToken) trade, and compete for rewards!
⏰ Prediction Period: July 18 19:00 UTC – July 19 18:59 UTC
📝 How to Participate
Example: Spain 0:0 Argentina | My decisive moment: I bought AAPL rToken today. (Attach your trading screenshot.) #MakeItCount
https://forms.gle/JaUaCdpkpzAiy6y27
🏆 Rewards
🔥 Make your prediction, trade, and win!
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Market Snapshot
• Total crypto cap: $2.28T (+0.1%)
• BTC: $64,643 (-0.28%) | ETH: $1,870 (+0.59%)
• Stocks: Dow -0.77% (52,146.42) | S&P 500 -1.01% (7,457.69) | Nasdaq -1.40% (25,520.24)
• Commodities: Gold $4,000/oz (-0.43%) | WTI $83.5/bbl (+2.91%) | DXY 100.78 (+0.03%)
• BTC Liquidation Map:
– Below current price ($63,500–$64,000): Long liquidation pressure exists but relatively limited in scale
– Above ($65,000–$65,500): Large accumulation of short liquidation positions (breakthrough likely triggers concentrated covering, pushing prices higher to test liquidity above $65,000)
Geopolitical: US-Iran conflict escalated with multiple rounds in the past 48 hours, rising US military casualties, and Iranian actions targeting facilities and key routes. Caspian Pipeline Consortium (CPC) terminal suspended due to attacks; Hormuz Strait shipping volume dropped to zero. Geopolitical risk premiums drove oil prices sharply higher, with short-term supply concerns dominating. Persistent conflict could exacerbate global inflation via cost transmission and support safe-haven assets like gold. Continue monitoring Middle East developments and OPEC+ dynamics.
Central Bank: Cleveland Fed President Beth Hammack stressed persistent significant inflation pressures, with sticky core services and housing costs far from the 2% target. Hawkish stance adds debate for the late-July FOMC meeting and further delays rate cut expectations. Short-term USD support weighs on high-valuation growth assets; watch upcoming PCE inflation and nonfarm payrolls data.
Tech/AI: Tech giants earnings week approaches (Google, Tesla, etc.). Chip stocks like Nvidia corrected amid capex concerns and valuation pressure. Nvidia highlighted Agentic AI driving sustained post-training workloads with Vera Rubin platform delivering major efficiency gains; Meta exploring compute leasing; TSMC expanding US investment; SK Hynix HBM capacity at full load. Semiconductor/storage sector under pressure, but long-term structural upgrade in AI infrastructure demand remains intact.
🏛 Institutional Views
• Institutions recognize Agentic AI-driven compute demand shifting to long-term iteration as positive for stable revenues at Nvidia and peers—recommend phased accumulation of AI infrastructure leaders on pullbacks, tracking Vera Rubin production and HBM supply.
• Meta’s compute leasing path helps alleviate capex burden and improve ROIC with strong medium- to long-term value; monitor contract signings and quarterly guidance.
• TSMC and SK Hynix benefit from exploding AI demand and supply chain diversification; persistent HBM tightness supports high long-term growth certainty as core AI chain holdings.
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📢 Bitget Weekly Updates: Highlights from the Past Week 👑
⚙️ General
• Bitget US Stocks: 24/7 trading breaks traditional limits
• Bitget to automatically upgrade Ondo spot stocks to rToken spot stocks
• Bitget to adjust CFD leverage during special trading periods in July 2026
• Bitget launches the industry's first cross-asset unified account, supporting 100 stock tokens as margin
• Bitget Launches 2,800+ U.S. Stock Options
• Bitget Adds 24/7 Trading Support for 22 New rTokens, Including rMRNA and rRBLX
📱 App 📱
• Latest version 2.89.0 for Android & 2.89.0 for IOS [download now]
📈 New Bitget Futures & Stocks Listings
• Bitget Lists CPNGUSDT, PKXUSDT, MUFGUSDT, and TMUSDT Stock Perps
• Bitget listed 16 spot stock assets including rJEPQ, rCONL, rXBI, rDIA, and rKSTR
✨ New Spot Margin Trading Pairs
BEAM/USDT | BAN/USDT | AWE/USDT | CYBER/USDT | F/USDT
💎 VIP
• Traditional Finance Exclusive VIP Trial Card Campaign
🎁 Campaigns
• Extra 100,000 USDT Champion Guess Pool Launched in the Universal Cup
• SEA Tech Week: Win premium subscriptions worth 50,000 USDT
• CandyBomb x EVAA: Trade to share 80,000 USDT
• MEA Assemble: Buy Crypto & Trade to Share 10,000 USDT
• 100% Guaranteed Rewards: Share 100,000 USDT
• CandyBomb x XAUT: Trade futures to share 3 XAUT
• Earnings Season Showdown! Giants ignite market. Climb leaderboard and share 70,000 USDT
⛔️ Delistings
• Notice of Delisting 16 Spot Trading Pairs on July 17, 2026
• Bitget to Delist 9 On-chain Earn Products
• Bitget to delist NEARUSD,AVAXUSD,ADAUSD,LINKUSD,DOGEUSD futures and related services
More Updates/Details⬇️
Click here 🔗
About Bitget🔹
Website🌐 | Twitter❌
Telegram✉️ | Download🍏
Discord🤖 | Reddit🤖
⚙️ General
• Bitget US Stocks: 24/7 trading breaks traditional limits
• Bitget to automatically upgrade Ondo spot stocks to rToken spot stocks
• Bitget to adjust CFD leverage during special trading periods in July 2026
• Bitget launches the industry's first cross-asset unified account, supporting 100 stock tokens as margin
• Bitget Launches 2,800+ U.S. Stock Options
• Bitget Adds 24/7 Trading Support for 22 New rTokens, Including rMRNA and rRBLX
📱 App 📱
• Latest version 2.89.0 for Android & 2.89.0 for IOS [download now]
• Bitget Lists CPNGUSDT, PKXUSDT, MUFGUSDT, and TMUSDT Stock Perps
• Bitget listed 16 spot stock assets including rJEPQ, rCONL, rXBI, rDIA, and rKSTR
BEAM/USDT | BAN/USDT | AWE/USDT | CYBER/USDT | F/USDT
• Traditional Finance Exclusive VIP Trial Card Campaign
• Extra 100,000 USDT Champion Guess Pool Launched in the Universal Cup
• SEA Tech Week: Win premium subscriptions worth 50,000 USDT
• CandyBomb x EVAA: Trade to share 80,000 USDT
• MEA Assemble: Buy Crypto & Trade to Share 10,000 USDT
• 100% Guaranteed Rewards: Share 100,000 USDT
• CandyBomb x XAUT: Trade futures to share 3 XAUT
• Earnings Season Showdown! Giants ignite market. Climb leaderboard and share 70,000 USDT
• Notice of Delisting 16 Spot Trading Pairs on July 17, 2026
• Bitget to Delist 9 On-chain Earn Products
• Bitget to delist NEARUSD,AVAXUSD,ADAUSD,LINKUSD,DOGEUSD futures and related services
More Updates/Details
Click here 🔗
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Join Now
https://www.bitget.com/launchhub/trading-club/233603
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More Details
https://www.bitget.com/support/articles/12560603889587
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Join Now
https://www.bitget.com/events/candy-bomb/detail/233608
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More Details
https://www.bitget.com/support/articles/12560603889701
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