[Gate Research Institute: ETH Leads Market Rebound, Two Exchanges Suspend Operations Short-Term] Stock Market: On July 24, global stock markets showed divergence. The Dow Jones slightly rose, while the Nasdaq fell due to a drag from chip stocks. Hong Kong's tech sector weakened, and South Korean stocks plunged due to foreign and institutional sell-offs. Market Commentary: The crypto market saw moderate recovery, with BTC rising 0.87% and ETH up 3.32%. The Fear and Greed Index stood at 39, indicating sentiment remains cautious. Top Tokens: KONET (+30.77%), SAFE (+27.97%), and SOON (+18.73%) led the gains, driven respectively by narratives around payment infrastructure, smart accounts, and SVM scaling. Alpha Insights: BitMart announced an orderly suspension of operations; Triple-A hot wallet losses expanded to $11.8 million; KB Kookmin advanced its Kinexys cross-border payment application. Explore today's details → Gate Research Institute: ETH Leads Market Rebound, Two Exchanges Suspend Operations Short-Term Gate Research Institute is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, hot topic insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis. Disclaimer Investing in cryptocurrency markets involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products they are purchasing before making any investment decisions. Gate is not responsible for any losses or damages caused by such investment decisions. Gate Team July 27, 2026