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Share link:In this post: Government bond yields are rising fast, making it more expensive for countries to borrow and service debt. Mortgage rates are surging in the U.S., as 30-year Treasury yields jump past 5%. Stock markets are under pressure, with higher bond yields driving down equity valuations.

Share link:In this post: Investors are rushing to gold due to global wars, Fed uncertainty, and inflation fears. Major gold mining stocks like Newmont and Agnico Eagle are up over 80% this year. Spot gold is near $3,600/oz, with ETFs like GLD and IAU seen as the best way to invest.

The high volatility brought by the price surge, combined with bullish narratives, will boost market confidence, expand risk appetite, and ultimately lead to frenzy.


At what gas level will ETH begin to experience deflation?




- 06:02El Salvador has marked the fourth anniversary of adopting Bitcoin as legal tender and currently holds 6,291.18 BTC.BlockBeats News, on September 7, El Salvador officially became the world's first country to adopt bitcoin as legal tender on September 7, 2021. President Nayib Bukele promoted the passage of the "Bitcoin Law" by the El Salvadoran Congress in June 2021, which stipulated that bitcoin could be used to pay for goods, services, taxes, etc., and would be recognized as legal tender alongside the US dollar. Subsequently, the El Salvadoran government launched the digital wallet "Chivo," allowing citizens to store and use bitcoin, offering a $30 bitcoin reward to registered users, and deploying bitcoin ATMs nationwide to facilitate transactions. According to data from the website of the Ministry of Finance of El Salvador, El Salvador has accumulated an additional 8 bitcoins in the past 7 days, bringing its total bitcoin holdings to 6,291.18, valued at over $690 millions.
- 06:0224-hour spot capital inflow/outflow ranking: WLFI net inflow of $28.61 million, BNB net inflow of $12.8 millionBlockBeats News, September 7, according to Coinglass data, the net inflow ranking of crypto spot funds in the past 24 hours is as follows: WLFI net inflow of $28.61 million; BNB net inflow of $12.8 million; A certain exchange net inflow of $9.7 million; SOMI net inflow of $8 million; TRX net inflow of $4.55 million. The net outflow ranking of crypto spot funds is as follows: BTC net outflow of $120 million; ETH net outflow of $79 million; SOL net outflow of $56 million; XRP net outflow of $25 million; DOGE net outflow of $18 million.
- 06:02Current mainstream CEX and DEX funding rates indicate a bearish market sentiment.BlockBeats News, on September 7, according to Coinglass data, the current funding rates on major CEX and DEX platforms indicate that the market is leaning bearish. The specific funding rates are shown in the chart below. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. It is a mechanism for capital exchange between long and short traders. The trading platform does not charge this fee; it is used to adjust the cost or profit of holding contracts, so that contract prices remain close to the prices of the underlying assets. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates that the market is generally bullish. When the funding rate is less than 0.005%, it indicates that the market is generally bearish.