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The current price of BTC is $59,323.08, with a 24-hour decline of 0.91%. In the past 1 hour, the total contract liquidation amount across the network reached $181 million, mainly long positions. BTC liquidations amounted to $177 million (97.67%). This data is for reference only.

Jinse Finance reported that on June 30, Dan Coatsworth from AJ Bell stated in a report that the new cryptocurrency regulations announced by the UK Financial Conduct Authority should provide stronger consumer protection and reduce fraud, but will not completely eliminate risks. He said: "Investors still need to ensure they understand that cryptocurrency prices often experience wild fluctuations, and this asset class is purely driven by speculation."As part of the UK Financial Conduct Authority's new regulations, cryptocurrency companies operating in the UK will be required to conduct stress tests to demonstrate their ability to withstand market shocks and hold sufficient capital as a financial buffer in case of losses.

On June 30, Citi Group strategists stated that the US technology sector faces further downside risks due to investors' overall exposure remaining high. The team, led by David Chew, noted that the Nasdaq 100 index, which is heavily weighted in tech stocks, has declined this month without a proportional decrease in positions. Chew wrote in the report: 'Bullish positions in the Nasdaq are still significantly overweight compared to bearish ones. Currently, nearly 80% of bullish positions are in a loss state, with risks skewed towards further losses for bulls, which may exacerbate downside pressure.'