Ethereum miners' June exchange rates were nearly 17% of their revenue, an all-season high.

According to Cryptopotato on July 9, OKEx CEO Jay Hao said in a post that the overall decline in Bitcoin volatility was the reason for the drop in Bitcoin derivatives and trading volumes. He believes the value of Bitcoin derivatives generally occurs in hedging risk markets. Whether it is Bitcoin Futures or Bitcoin Options, there is strong market demand during times of turbulence and volatility. Jay Hao also said that while major cryptocurrencies like Bitcoin have progressed in terms of relationships with most indices, he believes there is currently no direct impact on Bitcoin and its trading assets. The stock market may lead to losses in the crypto industry, causing the market to slow down. However, Bitcoin's roots remain strong and its popularity has not gone away.