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๐Ÿšจ President Donald Trump criticized major U.S. oil companies for making huge profits during the Iran conflict and urged them to lower fuel prices for consumers.

๐Ÿ‘‰ Brent crude fell more than 4% to $84 per barrel as hopes for diplomacy increased, but oil prices remain higher than before the conflict. U.S. gasoline is still above $4 per gallon, compared with around $3 before.

๐Ÿ‘‰ Trump singled out ExxonMobil and Chevron, accusing them of benefiting from the crisis and calling on them to return excess profits to consumers. He also predicted fuel prices could fall sharply once the conflict ends.

๐Ÿ‘‰ Ongoing disruptions in the Strait of Hormuz continue to push energy prices higher. According to U.S. energy data, crude oil accounts for about 51% of gasoline prices, while refining and distribution make up most of the rest.
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๐Ÿ“Š BTC Update

BTC is trading around $63.8K, still stuck in the $60Kโ€“$65K range for almost a month.

Every dip near $60K is getting bought, while $65K continues to face selling pressure. Neither bulls nor bears have taken control yet.

Even the Fed meeting, inflation data, and improving ETF flows failed to break this range.

For now, Fridayโ€™s jobs data is the next key trigger. Weak data could support a BTC bounce, while strong data may keep pressure on risk assets.

๐Ÿ“Œ Key Levels
Above: $65K โ†’ $68K โ†’ $70K
Below: $62K โ†’ $60K โ†’ $58K

Until $60Kโ€“$65K breaks properly, expect BTC to remain sideways.
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๐Ÿ”ฅ JUST IN: S&P 500 reaches new all-time high.

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๐Ÿ‡บ๐Ÿ‡ธ The U.S. stock market gained more than $1.25 trillion in value today as the S&P 500 surged to a fresh record close of 7,736.

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๐Ÿšจ๐Ÿšจ The Trump administration has refunded $100 billion in โ€œLiberation Dayโ€ tariffs.

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๐Ÿ‡ฎ๐Ÿ‡ท ๐Ÿ‡บ๐Ÿ‡ธ The U.S. and Iran are close to a 60-day deal to reopen the Strait of Hormuz, with an announcement expected as early as Wednesday, according to Axios.

โœจ If the deal goes through, ships will be able to pass without paying fees for 60 days, and both countries will work together to remove naval mines from the waterway within 30 days.
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Gold has broken above the 4,116 resistance

confirming a bullish market structure and shifting momentum in favor of buyers.


The breakout was backed by strong bullish candles, with price now trading just below the next supply zone at 4,150โ€“4,165.
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๐Ÿšจ President Trump said the Strait of Hormuz is expected to reopen very soon.

He also warned that if Iran does not reopen the vital waterway, the U.S. will respond with very strong military action.
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๐Ÿ“Š ETF Flows : 04 Aug 2026

๐ŸŸข BTC ETFs : $207.8M
๐ŸŸข ETH ETFs : $53.1M
๐ŸŸข SOL ETFs : $0.0K
๐ŸŸขXRP ETFs : $0K
๐ŸŸข HYPE ETFs : $0.0K

๐ŸŸขTotal: $260.9M net inflows
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๐Ÿšจ XAG/USD

Silver is approaching a major resistance at 63 after a strong impulsive rally from the recent lows.

๐Ÿ‘€ Level to Watch: 63
This is the key level that could determine the next swing

โœ… A clean 2H close above 63 would confirm a bullish breakout and open the door toward 70.6

โŒ A rejection at 63 could trigger a healthy pullback toward the 59.50โ€“60.00 area before buyers
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โ–ถ๏ธ Michael Saylorโ€™s Strategy will contribute $250 each year to Trump Accounts for every eligible child of its U.S.-based employees.

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โญโญ Gold climbed to a six-week high above $4,200, driven by strong demand from China, while Bitcoin stayed around $64,000 despite the S&P 500 reaching another record high.

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๐Ÿ‡บ๐Ÿ‡ธ Senator Cynthia Lummis says she expects the CLARITY Act to be voted on this week before Congress begins its month-long August recess.

โ€œI donโ€™t think weโ€™ll be leaving on Friday. I think weโ€™ll go into the weekend.โ€
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๐Ÿ‡บ๐Ÿ‡ธ Trump says oil prices are โ€œfallingโ€ and hinted they โ€œmay have to push them back up.โ€

Brent crude has dropped from $94 to below $83 this week as optimism grows over a potential Strait of Hormuz agreement.
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๐Ÿ‡ท๐Ÿ‡บ Russia's President Putin has signed Russia's first comprehensive law regulating crypto exchanges, digital depositories, and digital asset custody, per TASS.

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๐Ÿ‡บ๐Ÿ‡ธUS Crypto ETF flows

Bitcoin: +$244M
Ethereum: +$61M
XRP: -$3.5M
Hyperliquid: +$1M

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๐Ÿ‡ท๐Ÿ‡บ President Putin has officially signed the Crypto Clarity Act into law.

If the United States fails to pass its own CLARITY Act, it risks falling behind Russia and China in the global race for digital asset leadership.

๐Ÿšจ https://x.com/pushpendratech/status/2085287841282900373?s=46
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๐Ÿšจ Coinbase has become the first crypto-native app to launch U.S. stock trading in the UK.

Starting Aug. 6, eligible UK users can trade nearly 4,000 U.S. stocks 24/5 alongside crypto all within one app.

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๐Ÿšจ TODAY: More than 900 million SpaceX shares unlock.

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๐Ÿ‡บ๐Ÿ‡ธ JUST IN: The CLARITY Act is not on the U.S. Senateโ€™s schedule for today, Thursday, Aug. 6.

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