Gate Daily: Trump threatens to impose a 100% tariff on Putin; Bitcoin pulls back from a high of $120,000; Vanguard Group becomes a major shareholder of Strategy.

Bitcoin (BTC) has retraced from last night's historical high, currently reporting around 119,730 USD during the Asian early session today (15). U.S. President Trump threatened to impose a 100% tariff on Russia unless it ends the conflict with Ukraine, escalating tensions in the trade war. Vanguard has become a major shareholder in Strategy, holding over 20 million shares.

Today’s Outlook

1. China's Q2 GDP (quarterly rate) was previously 1.2%.

2. China's total retail sales of consumer goods in June (year-on-year) was 6.4% in the previous value.

3. China's second quarter GDP (annualized) was previously 5.4%.

4. China's industrial added value above designated size in June (annual rate) was 5.8% in the previous value.

5. Canada's June Consumer Price Index (annual rate) was previously 1.7%.

6. Canada June Core Consumer Price Index - Common Index (Year-on-Year), Previous Value was 2.6%

7. The seasonally unadjusted Consumer Price Index (CPI) for June in the United States (year-on-year) was 2.4% previously.

8. U.S. June unadjusted core consumer price index (year-on-year), previous value was 2.8%

9. OPEC released the monthly crude oil market report.

10. Boston Federal Reserve President Collins delivered a speech.

11. Federal Reserve Governor Bowman delivered a welcoming speech at the conference hosted by the Federal Reserve.

12. Bank of England Governor Bailey and Chancellor of the Exchequer Hunt delivered speeches at a dinner at the Lord Mayor's residence in London.

Macro Events & Coin Circle Hotspots

1. U.S. President Trump threatened that if Russian President Putin's government does not end the conflict with Ukraine, he will impose severe economic penalties on Russia while promising to provide new weapon supplies to Ukraine. Trump stated on Monday, "If we cannot reach an agreement within 50 days, we will impose very severe tariffs, with a tariff rate of about 100%." Trump indicated that these tariffs would be implemented in the form of "secondary tariffs," but he did not provide specific details. The U.S. President has previously used the term "secondary tariffs" to describe tariffs imposed on countries that trade with U.S. adversaries.

2. Vanguard, one of the world's leading asset management companies, has become the largest institutional shareholder of Strategy, formerly known as MicroStrategy. Strategy is widely regarded as an alternative to Bitcoin, despite the company's previous labeling of cryptocurrencies as speculative and lacking intrinsic value. According to Bloomberg, Vanguard currently holds over 20 million shares of Strategy, accounting for nearly 8% of the company's Class A common stock. This investment has allowed Vanguard to surpass Capital Group Cos. as the largest shareholder of the Bitcoin company, potentially solidifying this leading position in the fourth quarter.

Market Trend

1, $BTC has retraced from last night's high, currently reported at around 119,730 USD, with 478 million USD liquidated in the past 24 hours, mainly from short positions;

2. The US stock market rose slightly on Monday, with the S&P 500 index approaching its all-time high once again. The Dow Jones Industrial Average closed up 88.14 points on the 14th, an increase of 0.20%, reporting at 44,459.65 points; the S&P 500 index rose 8.81 points, an increase of 0.14%, reporting at 6,268.56 points; the Nasdaq index rose 54.80 points, an increase of 0.27%, reporting at 20,640.33 points. The S&P 500 index continued its upward trend from the previous two weeks, and after breaking through the critical psychological barrier of 6,200 points, it is less than 0.2% away from the historical high set on July 10. The Nasdaq index closed at a historical high, marking the seventh time it has reached a historical high since June 27.

3. In the Gate BTC/USDT liquidation map, based on the current 119,581.00 USDT, if it drops to around 118,623 USDT, the cumulative liquidation amount of long positions exceeds 230 million USDT; if it rises to around 120,180 USDT, the cumulative liquidation amount of short positions exceeds 267 million USDT. The liquidation amount for shorts is higher than for longs, so it is advisable to reasonably control the leverage ratio to avoid triggering large-scale liquidations during market fluctuations.

(Source: Gate)

4. In the past 24 hours, BTC spot inflow was 4.03 billion USD, outflow was 4.01 billion USD, net inflow was 0.02 billion USD;

(Source: Coinglass)

5. In the past 24 hours, contracts such as $XRP, $SOL, $DOGE, $1000PEPE, and $ETH have experienced net outflows, indicating trading opportunities.

(Source: Coinglass)

News Update

1. Trump: The Federal Reserve should lower interest rates to below 1%.

2. JPMorgan CEO may "fully commit to cryptocurrencies"

3. SharpLink Gaming repurchased 24,000 ETH, bringing the total holdings close to 300,000.

4. Vanguard has become the major shareholder of Strategy, holding over 20 million shares.

5. The joint statement by the Federal Reserve, FDIC, and OCC clarifies the regulations regarding banks holding customer crypto assets.

6. Pumpfun: PUMP token is online, enabling trading and transfer functions.

7. The market value of the largest cryptocurrency exchange in the United States has surpassed the 100 billion dollar mark for the first time.

8. Movement: The repurchase of MOVE has been completed, with the foundation repurchasing approximately 180 million MOVE tokens.

9. Zhongjin: The network layout has advantages for stablecoins.

X KOL Selected Opinions

Phyrex Ni (@Phyrex_Ni): "Today the overall market fluctuations are not large. Although there are price fluctuations, there are no significant changes in the news front. Trump is still focusing on tariffs and the Federal Reserve. The key tomorrow is the CPI data. Whether looking at broad inflation or core inflation, the probability of the data being high is greater. Although this means that the momentum for the Federal Reserve to lower interest rates will be suppressed, the market is no longer focused on what Powell will do, but rather on what the next Federal Reserve will do, especially with Trump suggesting that interest rates should be below 1%, which aligns more with the market's rhetoric. Bitcoin has a significant density gap in the $114,200 range. According to historical experience, URPD gaps must be filled, but filling the gap does not mean it must drop. If it continues to rise in the future and recalculates the URPD, it may also fill the gap through an increase."