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In Brief Historical patterns in crypto influence investor behavior in 24/7 markets. Swissblock anticipates a bullish ETH rally due to capital rotation. Recent market data points to potential further short-term losses.

In Brief SUI experiences substantial price increase over recent weeks, catching investment interest. Technical indicators suggest potential for further upward movement for the SUI token. Breaking key resistance could push SUI's price to new highs.


Tom Lee’s BitMine now holds over $2B in Ethereum, making it the world’s largest ETH holder.BitMine Surges Ahead in Ethereum HoldingsInstitutional Ethereum Bet Reaches New HeightsWhy This Matters for Ethereum’s Future


- 23:02Trump Calls Again for Powell to Resign Over AccountabilityAccording to a report by Jinse Finance, U.S. President Trump posted on the social platform "Truth Social," calling for Federal Reserve Chairman Jerome Powell to resign. In his post, Trump mentioned that Federal Reserve Governor Adriana Kugler, appointed by former President Biden, had previously announced her resignation. He stated that Kugler "knew Powell made mistakes regarding interest rates," and believes Powell should also step down and take responsibility.
- 22:57U.S. Government Turmoil Disrupts Export ApprovalsAccording to a report by Jinse Finance, two sources revealed that thousands of license applications submitted by U.S. companies for the global export of goods and technology are currently on hold, as the agency responsible for approving these applications is experiencing turmoil and is nearly paralyzed.
- 22:47White House Economist: Economic Statistical Agencies Need a "New Perspective"According to a report by AXIOS cited by Jinse Finance, Stephen Miran, a senior White House economist, stated that a key economic statistics agency needs a "fresh perspective," but he did not echo President Trump's claims of political manipulation regarding Friday's employment data. On Friday, Trump ordered the dismissal of the head of the Bureau of Labor Statistics after he, without evidence, alleged that the disappointing jobs data had been "manipulated." The bureau later confirmed that Director Erika McEntarfer had been dismissed, and her deputy, William Wiatrowski, would serve as acting director. The July employment report released earlier on Friday showed that only 73,000 jobs were added last month. The Bureau of Labor Statistics also announced significant data revisions, revealing that total employment was 258,000 lower than previously estimated. This marks the second-largest two-month downward revision on record, surpassed only by adjustments made during the pandemic. Miran commented, "Now is absolutely the time to look at this issue with a new perspective and work to find solutions that improve data reliability and reduce the scale of revisions. The agency should try to incentivize faster feedback, or consider delaying data releases by a week or two if that would help reduce the extent of subsequent revisions."