Daily Market Wrap | Aug. 07

robot
Abstract generation in progress

Hot Topic

Trump implemented new tariffs on over 90 countries, including a 50% tariff on India and 100% on foreign-made chips.

Japan seeks swift implementation of U.S. tariff reduction agreement.

KakaoBank plans to enter South Korea’s stablecoin sector after the Bank of Korea halted its CBDC pilot.

Trump will name a nominee to replace Fed Governor Adriana Kugler by week's end and has narrowed the Fed Chair search to four candidates.

Market Updates

The Indonesian government met with Bitcoin Indonesia to discuss adopting Bitcoin as a reserve asset.

Brazil’s lower house to hold hearing on creating national Bitcoin reserve.

The crypto market cap stabilised at $3.7 trillion, while institutions continued accumulating Bitcoin and ETH.

BTC2.09%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)