ETF Decisions Deferred, DeFi Scores A Huge Win in the Courts

Market Update In July, the core personal consumption expenditures (PCE) index increased by 0.2% month-over-month and 4.2% year-over-year, meeting economists' projections. This led to a significant pullback in rates and a bond market rally. Surprisingly, the Dollar Index (DXY) also surged, likely exerting downward pressure on cryptoasset prices. Amid these market dynamics, major equity indices experienced slight gains. $BTC retraced its earlier post-Grayscale rally gains, a trend also seen in Ethereum and other altcoins. The exception was Maker ($MKR), which rose around 10% without an identifi