Trump administration officials revealed that US missile interceptor stocks were depleting amid the war with Iran, sparking outrage from the Wall Street Journal and DOJ investigations. Brent crude surpassed $90 per barrel in July with a gain of nearly 20%, while gold held above $4,080 per ounce after a 23% annual increase. Fed rate hike expectations before year-end surged from 12% to 38% in one week due to energy-driven inflation pressure. Bitcoin trades around $65,000, nearly 48% below its record of $126,198, weighed down by massive ETF outflows that saw $4.5 billion in net redemptions in June followed by $2.73 billion over ten sessions. Spot Bitcoin ETFs explain approximately 45% of weekly price movements, with the Fear & Greed index stuck in fear territory at 11 points.
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