Nearly $479 million in Bitcoin flows into Binance

The yield of US seven-year treasury bond bonds fell 10 basis points to 4.27% during the day.

Morgan Stanley analyst Rajat Gupta lowered Tesla's Q2 car delivery forecast from 430500 to 420000, lowered Q2 earnings forecast from $0.44 to $0.42, and lowered 2026 earnings per share forecast from $1.95 to $1.90. Rajat Gupta stated that there is little evidence in the United States to suggest that rising gasoline prices will have a substantial impact on the demand for electric vehicles. JPMorgan Chase has rated Tesla as neutral with a target price of $475.

US Senator Cynthia Lummis stated that the final text of the CLARITY Act will be released over the weekend of July 4th, and the Senate is expected to vote on it in July. （CoinDesk）

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CryptoQuant analysts pointed out that nearly $479 million worth of Bitcoin flowed into Binance. （Cointelegraph）