Market Dynamics
Bitcoin has begun a rebound, driving a collective recovery in altcoins. The current market focus is on the stablecoin concept. Meanwhile, U.S. stocks are trending upward, and the dollar's exchange rate is under downward pressure. Influenced by the expectation of a potential interest rate cut by the Federal Reserve and positive factors such as the hope for a ceasefire agreement in the Middle East, market risk appetite has improved.
Market Highlights
① The Bn exchange has launched the project Sahara, developed by a domestic team, positioned as an AI data infrastructure, attracting market attention.
② The public chains Sei and Apt have been favored by funds due to the stablecoin concept, with prices continuing to rise.
③ The emerging cryptocurrency Newt has performed brilliantly, with a significant price increase after being listed on the well-known South Korean exchange Upbit.
