1. Market Observation
Keywords: Arbitrum, ETH, BTC
Trump's "grand and beautiful" tax cut bill is stuck in a stalemate in the Senate, with Republican leader John Thune facing serious party division - moderates demand retention of medical benefits and renewable energy subsidies, while conservatives insist on expanding spending cuts, making the bill's passage before the July 4th deadline highly uncertain. Meanwhile, Trump continues to pressure the Federal Reserve, openly criticizing Chairman Powell for "artificially maintaining high interest rates", claiming ideal rates should be 1%-2% (currently 4.25%-4.5%), and hinting at potentially nominating a successor in October. This intervention in central bank independence has raised concerns among economists. A Financial Times survey shows over 90% of experts believe Trump's "excessive fiscal policy" is weakening the US dollar's safe-haven status, with three-quarters of respondents predicting US Treasury yields will exceed 5% by mid-next year. Despite these risks, the US stock market showed resilience on Friday, with the S&P 500 and Nasdaq indexes reaching historical highs of 6,173.07 and 20,273.46 respectively.
[The rest of the translation follows the same professional and accurate approach, maintaining the original structure and technical terminology.]Sui (SUI) will unlock approximately 44 million tokens on July 1 at 8 AM, which is 1.3% of the current circulating supply, valued at around $122.8 million;
Today's Top 500 Market Cap Gainers: Humanity Protocol (H) rose 103.83%, Launch Coin (LAUNCHCOIN) rose 32.17%, Shentu (CTK) rose 21.58%, Useless Coin (USELESS) rose 19.71%, Arbitrum (ARB) rose 17.82%.
5. Hot News
81.9% Probability That the Federal Reserve Will Maintain Interest Rates Unchanged in July
AguilaTrades Begins Profitable Rolling, Increasing Bitcoin Long Position to $216 Million
Report: 27% of Koreans Aged 20-50 Hold Cryptocurrencies, 70% Interested in Expanding Investment
US Senate Votes to Pass Procedural Motion Aimed at Advancing "Big and Beautiful" Bill
Arthur Hayes Deposits 2.468 Million ETHFI into CEX, Profiting $1.02 Million
TRUMP Team Transfers Approximately $20.5 Million of TRUMP to Binance and OKX
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