🚨 Last Night's Crypto Market Highlights — Quick Update! 👇
1⃣ $ BTC, $ETH and $SOL continue to show weak momentum. All three major US stock indexes closed lower, and crypto-related stocks also fell. The Fear & Greed Index has returned to the “Fear” zone, indicating that FOMO sentiment is cooling.
2⃣ $ASTER rebounded to $2.08, possibly due to the launch of trading mining, with the protocol's daily revenue exceeding $7 million. ASTER remains an important trading highlight in the current market.
3⃣ $FTT suddenly increased again after 3 days of silence — all because SBF account X posted a line “GM.” Note: SBF is still in prison, but this post was from a friend, supposedly authorized by SBF himself. Expect more activity — keep an eye on this account.
4⃣ $UXLINK remains very volatile, swinging 10% up or down without any new developments. This is an asymmetric information trade — stay alert.
5⃣ $SIGN surged and then fell after being "praised" by CZ. SIGN is backed by YZi Labs. Although CZ has been quite active in supporting recently, his influence is unstable and does not last long.
6⃣ Tether is reportedly seeking up to $20B in funding at a $500B valuation — on par with OpenAI and SpaceX. Circle , for comparison, has a $30B valuation. The market reaction? “Crazy.”
7⃣ Contract $XPL continues to be volatile after trading hours. It was scheduled to launch on Binance Alpha on September 25, but negative rumors about the development team make the situation unpredictable.
8⃣ An analyst from Tom Lee Fund believes that Ethereum will not fall below $4,000 and may rise to $5,500. However, the market seems to be ignoring the recent optimistic forecasts.
9⃣ Powell's speech last night was mostly positive — but a comment about "high stock valuations" sent markets into a panic. Meanwhile, Trump said the US was preparing for a new round of aggressive tariffs.
Market reaction: “You two calm down!”
🔟 Big Regulatory News: White House Confirms Bitcoin & Crypto Market Structure Bill Expected to Be Signed into Law Later This Year.
🔟1⃣ AI market forecast:
$ BTC and $ETH are in a short-term battle between bulls and bears, with whales operating highly leveraged positions from both sides.
The market fluctuates in a range, with strong Capital flows, but cash continues to flow out.
Overall, market sentiment: cautious.
Token in the Binance ecosystem, especially $ASTER and $ BNB, remain strong with concentrated Capital inflows.
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