The first energy sector rose 3.8% before trading, and Morgan Stanley raised its target price to $52

BTC returns to a critical turning point after clearing its February and June lows, as BTC options data reveals market positioning, volatility, and sentiment. （glassnode）

Iranian Deputy Foreign Minister Ali Babadi stated that making decisions without clear arrangements, parallel routes, or considering Iran's position as a coastal country cannot guarantee safe navigation in the Strait of Hormuz. Any credible framework must be based on coordination with Iran and compliance with Article 5 of the Iran US Memorandum of Understanding, otherwise the established parallel routes will be suspended.

[Barclays Raises Micron Technology's Target Price from $1,175 to $2,000] Barclays has raised Micron Technology's target price from $1,175 to $2,000.

Due to the decrease in oil prices reducing inflation risks, traders have lowered their expectations for the European Central Bank's interest rate hike. The market no longer fully takes into account the expectation of another 25 basis points hike before the end of 2026 and raising the key interest rate to 2.5%, which was fully digested by the market when the European Central Bank raised the deposit rate to 2.25% two weeks ago.

MEXC CEO stated that cryptocurrency should enable borderless payments and allow users to make profits while consuming. MEXC plans to inject $500 million into the User Security Fund and continue to increase its holdings of Bitcoin. （Cointelegraph）