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Golden Ten Data reported on July 3 that gold prices rose during early Asian trading as investors digested a US employment report that was weaker than expected. The US Department of Labor said on Thursday that 57,000 jobs were added in June, below economists' expectations of 115,000. Analysts from ANZ Research stated in a report that the weak labor market may ease the pressure on the Federal Reserve to raise interest rates at its next meeting in July. Higher interest rates typically weigh on non-yielding assets such as gold, despite its traditional role as an inflation hedge. As of press time, spot gold was up more than 1.3% on the day.

Glonghui, July 3｜Infineon announced the official opening of its Smart Power Fab in Dresden, Saxony, with production commencing several months ahead of schedule. The total investment in this project reached 5 billion euros, making it the largest single investment in Infineon's history. With the launch of the new factory, Infineon's production capacity at the Dresden site will double, establishing the world's largest production base for smart power semiconductors and analog/mixed-signal technologies.

BlockBeats News, July 3rd, Ethereum's largest treasury BitMine's Chairman Tom Lee stated that there is sufficient reason for the ETH/BTC exchange rate to strengthen in the second half of 2026, with the core logic being that Ethereum's narrative as a currency is gaining market attention. Tom Lee pointed out three major catalysts: the continued growth of stablecoins, the wave of asset tokenization, and the increasing number of Ethereum ecosystem upgrades and projects, all of which are reinforcing ETH's store of value proposition and driving its performance relative to BTC. Tom Lee clearly expects the ETH/BTC exchange rate to continue to rise throughout the full year of 2026, emphasizing that this is a key indicator worth monitoring. Tom Lee believes that macroeconomically, there is also support for the ETH/BTC exchange rate: the drop in oil prices alleviates inflationary pressure, cryptocurrencies remain downstream beneficiary assets of the AI narrative, and the progress of the "CLARITY Act" and the "GENIUS Act" has preserved a favorable regulatory window.