Market Dynamics:
Bitcoin has sharply declined, dragging down altcoins, with major whales taking profits being a significant driver.
US stock performance is mixed, and the dollar index has rebounded. June CPI inflation data meets market expectations.
Market Highlights:
1. The public chain Ethereum rises against the trend, with the ETH/BTC exchange rate strengthening, and US stock markets and institutions continue to increase their holdings of Ethereum.
2. Meme coin launch platforms PUMP and BONK have performed well. PUMP has completed its first $2.1 million buyback, with this scale suggesting an annualized buyback of $200 million, and the buyback action may pave the way for listing on large exchanges for future selling. Among Meme coins, BONK has significant gains, with USELESS and ANI showing notable increases, particularly ANI, which is gaining attention as an AI Meme coin associated with Elon Musk.
3. The NFT Meme concept PENGU continues its upward trend, actively promoting its US stock ETF application, with clear characteristics of strong centralized control.
#CPI数据来袭 #BTC #ETH
Bitcoin has sharply declined, dragging down altcoins, with major whales taking profits being a significant driver.
US stock performance is mixed, and the dollar index has rebounded. June CPI inflation data meets market expectations.
Market Highlights:
1. The public chain Ethereum rises against the trend, with the ETH/BTC exchange rate strengthening, and US stock markets and institutions continue to increase their holdings of Ethereum.
2. Meme coin launch platforms PUMP and BONK have performed well. PUMP has completed its first $2.1 million buyback, with this scale suggesting an annualized buyback of $200 million, and the buyback action may pave the way for listing on large exchanges for future selling. Among Meme coins, BONK has significant gains, with USELESS and ANI showing notable increases, particularly ANI, which is gaining attention as an AI Meme coin associated with Elon Musk.
3. The NFT Meme concept PENGU continues its upward trend, actively promoting its US stock ETF application, with clear characteristics of strong centralized control.
#CPI数据来袭 #BTC #ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
119,189.38
+2.02%
