🚨 Crypto Hot News Roundup Last Night – Don't Miss It!
1⃣ # BTC fell for 3 consecutive days , at one point hitting its latest Dip at $110,680. The reason could be due to low liquidation over the weekend and an "old whale" Dump about 18,000 BTC into the market.
2⃣ # ETH suddenly hit a new peak of $4,956 before plummeting. This increase is believed to be related to "whales" transferring Capital from BTC to ETH.
3⃣ # OKB is entering a correction phase , currently fluctuating around $200. OKX CEO – Star – has just announced the establishment of the $100 million X Layer ecosystem fund . OKB still maintains relative strength.
4⃣ #BIO – Are Market Makers Taking Profits? After surging to $0.325, the price plummeted to $0.23. The founder “shilled” that: “The protocol has collected $4 million in liquidation fees in the past few weeks and is partnering with DeFi protocols to expand the lending market.”
5⃣ #WLFI dropped more than 50% , currently trading around 0.22 USD, Capital reached 22 billion USD. Another hot contract is XPL at 0.53 USD. With a regular volatility of 10%, this is a "playground" for Derivative traders.
6⃣ #PENGU is weakening . Although the CEO announced that he would IPO within the next 2 years, the price decreased instead of increasing.
7⃣ "Chinese origin" coins increased sharply at the end of the week . # ONT, # QTUM and # Peg increased continuously for nearly a week, the increase exceeded 50%. Rumors that China issued a stablecoin could be the cause - just speculation!
8⃣ The AAVE team said they could get 7% of the total WLFI supply , but WLFI countered that this was fake news. Previously, WLFI Fork the AAVE source code – it seems that this “collaboration” is having problems.
9⃣ Last week, BTC ETFs saw a net outflow of $1.17 billion , while ETH saw a net outflow of $570 million. However, ETH started seeing Capital again on Friday.
🔟 Wang Feng commented: BTC has escaped the halving cycle and entered the general economic cycle of the US stock market.
🔟1⃣ AI analyzes market trends:
BTC is under short-term pressure, negative market sentiment, strong cash flow from BTC to ETH.
ETH shows strength, nears all-time high, while SOL leads the rally but sees volatility in the short term.
The market is cautiously awaiting a rate cut in September and ETF news in October . The game is fierce, with bulls and bears clearly Chia .
🎯 Click to follow the hot trend indicator to quickly update what the whole market is interested in in just 1 minute!
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