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Good morning all, it was a rough Friday. I also changed to tone of the voice a little bit. This should make it sound more natural.

If you missed the past 24 hours in crypto and stocks, here's your full recap:

🚨 Major Headlines & Market Moves 🚨

→ $1.11 trillion wiped out from US stock market yesterday.

→ Bitcoin falls under $115,000 and trades currently at $114,100.

→ 193,852 crypto traders liquidated with $884.76 million in losses over the past 24 hours.

→ US economy added 73,000 jobs in July, lower than expectations.

→ President Trump says today's jobs numbers were 'rigged' to make him look bad.

→ President Trump slams Fed Chair Jerome Powell as a disaster and urges substantial rate cuts now.

→ Federal Reserve Governor Adriana Kugler resigns from Fed board.

→ Treasury Secretary Scott Bessent says the US has entered the Golden Age of Crypto.

→ Treasury Secretary Bessent says the US is exploring new possibilities in decentralized computing and digital payments to unlock blockchain potential.

→ SEC to host crypto roundtables across the US.

→ FCA to allow retail customers access to Bitcoin and crypto ETNs.

→ VanEck CEO says Bitcoin is digital gold live on Bloomberg.

→ Metaplanet plans to raise ¥555 billion ($3.68 billion) to buy more Bitcoin.

→ Michael Saylor says Strategy owning 3-7% of Bitcoin supply is not too much.

→ OpenAI raises $8.3 billion at $300 billion valuation.

📊 Altcoin Market Updates 📊

→ Ethereum falls under $3,500.

→ SharpLink Gaming buys another 14,697.35 ETH worth $51.6 million.

→ BlackRock buys 4,778.57 ETH worth $18.2 million.

→ Tether surpasses South Korea to become the 18th largest holder of U.S. Treasuries.

→ BAYC #7940 sold for 666 ETH

If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.

Connect with me on:

🟦 Linkedin: Timothy Assi

🟪 Instagram: @panic_drop

⬛ X: @timoassi

📧 timothy@panicdrop.com

www.panicdrop.com



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