Cut it, just harvest us poor cryptocurrency people!
Trump is back!
If the "Big and Beautiful" bill really triggers a contraction in US dollar liquidity, Bitcoin could drop to the 90,000-95,000 range; but if the market digests it, it is estimated to still oscillate around 100,000 dollars, and it will be difficult to break 112,000 in the short term.
The market may only become clear after Powell's speech at the end of August, and with liquidity warming up in early September, we may welcome the next wave of increase.
As for altcoins, although there are a few that have rebounded, most are still in a downward trend.
However, the small penguin $PENGU has become an outlier, with high trading volume and nearly an 80% weekly increase. Solana is also starting to get lively, with the Feng Shui concept $LuckyCoin surging 814% in the past 24 hours, and its market cap surpassing 6.4 million dollars; the BONK series is also going wild!
Is the activity of meme coins back?