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Gate Research: Vessel Attack Near the Strait of Hormuz Lifts Oil Prices, Markets Await Fed Minutes

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VIP Daily Industry Report
2026-07-08 03:53:31
Reading Time: 3m
Last Updated 2026-07-08 04:00:55
Gate Research Daily Report: Over the past 24 hours, BTC traded lower in a volatile range as macro conditions remained mixed, with ETF inflows resuming while elevated U.S. Treasury yields continued to weigh on overall risk appetite. ETH traded between 1,727–1,833 USDT, underperforming BTC overall. EVAA surged 165.88% on the TON DeFi narrative, EDGEX gained 28.26% amid growing demand for decentralized derivatives trading, and AGLD rose 27.72%, supported by capital rotation into the Loot ecosystem. U.S. spot BTC ETFs recorded $224 million in net inflows, ending a six-day streak of outflows. An attack on a vessel near the Strait of Hormuz pushed oil prices higher, weighing on technology futures. Meanwhile, the 10-year U.S. Treasury yield climbed toward 4.50% as markets awaited the release of the Federal Reserve's meeting minutes.
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