🚨Crypto Explosion Points Compilation from Last Night, Don't Miss Out!
1⃣Crypto market declined across the board, with total market value dropping 3.9% in 24 hours, while US stock indices approached flat closing. Market FOMO sentiment cooling down, perhaps a good thing?
2⃣US July PPI higher than expected, market panicked due to reduced rate cut expectations, but Federal Reserve still has 92.5% probability of 25 basis point cut in September. Some views suggest PPI is a shield for large investors' position adjustment.
3⃣US Treasury Secretary Becent: Will not purchase #BTC, confiscated BTC will be used as strategic reserves, US exploring "budget-neutral" method to acquire more BTC.
4⃣Lido's market share in Ethereum staking dropped to 24.4%, hitting a historic low. However, #LDO price performance stands out, rising 56% in a single week.
5⃣ #BNB briefly broke through $865, creating a historic high. Market value reached $116.4 billion. BNB has risen over 310% from its low point in this round.
6⃣ #ADA briefly touched $1, with high enthusiasm, possibly due to institutional positioning and RWA narrative igniting market heat.
7⃣ #WLFI's FOMO sentiment is rising. Off-market price near $0.3, Justin Sun previously bought $45 million at an average price of about $0.01125.
8⃣Yi Lihua: In a bull market trend, each pullback is a buying opportunity, but avoid using high leverage. Tom Lee: PPI is just a minor issue, buying at every decline since late 2022.
9⃣SEC postponed decision on Bitwise Solana ETF and 21Shares Core Solana ETF, with new deadline set for October 16.
🔟AI Market Analysis:
-BTC creating new highs, short-term pressure at $120,000-$123,000 critical interval, capital game intense;
-ETH performing strongly, market sentiment still high;
-Altcoins showing mixed performance, rising and falling quickly;
-Overall market sentiment cautiously optimistic.
🎯Click <Followin> trending indicator, understand what the entire network is trading in 1 minute followin.io/zh-Hans/trendingTo...…
